/biz/ - Business & Finance

>>9381758
Boy, look at that perfect little shitter on her. How many BCH do I need for a sweet thing like that?

How private is Monero? Let’s say a friend of mine was allegedly going to purchase some steroids online. If he sends the Monero to the steroid source, is there any way to see that transaction happened from the seller’s viewpoint? Basically, what my friend is worried about is having the source get caught by the FBI/ DEA one day and them going back and freezing the accounts of all the people who sent the source money over the years. Because my friend has a lot of crypto he doesn’t want getting seized or frozen because he bought $250 worth of testosterone and masteron back in 2018. Anyone have any information on the subject? Is my friend g2g with buying the roids with monero?

Mods:
NOT asking FOR a source
NOT asking for myself
NOT recommending anyone does steroids or any other illegal drugs

Does anyone here actually own a business? I mean, c'mon...

Bump

>>7467723
>anyone can open up a payment channel

Yeah, anyone "with sufficient capital"

(((anyone)))

>>4793273
The "scaling issues" are pretty trumped up. The only reason people are bitching about it is because XMR transactions are larger than BTC/BCH transactions (due to the privacy, basically).

This isn't really an issue, as Monero has an adaptive blocksize that rises or falls due to demand. If you set a low fee there isn't really a risk that the XMR network will tell you to fuck off like BTC does.

Now, even with that said, there is work in progress that will dramatically shrink XMR transactions by 80-90%, and thus lower fees correspondingly.

tl;dr, its fast and cheap already, but its going to get even faster and cheaper.

https://www.youtube.com/watch?v=G1JtJLRuqgo