/biz/ - Business & Finance

>>25081280
Because people actually use it.

>>25081280
Who are you quoting?

Becaus big money is finally realizing it's the perfect place to hide wealth from taxes. It just can't admit it like the institutions are for BTC

>>25081363
but if you hide your wealth you can't use it either? so if you are not a druggie, should you want to make use of it you need to pay the taxman anyway. at least I don't see how else you could buy e.g. property with it

>>25081280
I like Monero. It's good for preventing others to track your activity on other blockchains back to your identity.

Here's the list of important links:

WHAT IS MONERO?
https://web.getmonero.org/resources/about/
https://www.youtube.com/watch?v=8quGD9W7B2I&vl=en

HOW TO STORE MONERO:
https://cakewallet.com/ < A simple, phone friendly wallet

https://www.getmonero.org/downloads/ < Full GUI wallet

WHERE TO GET MONERO?
https://localmonero.co/?language=en <(Always look for vendors with lots of good reviews)
https://coinatmradar.com/bitcoin-atm-near-me/ <Crypto ATM locations
https://kycnot.me/ <Exchanges and services with no KYC requirements
https://web.getmonero.org/get-started/mining/ <A brief introduction to PoW Mining.
https://moneroblocks.info/stats/transaction-stats < Monero Daily Transactions

Bisq deserves a special mention here. It's software for accessing a decentralized exchange. No KYC bullshit here.

https://www.youtube.com/watch?v=og7tqVK8c1E

>>25081445

for now you are right bro but give it more time and we will see. gubberment dont like it thats for sure, kek.

>>25081280
>How does it do it?
Sticking to Satoshis vision.

>>25081445
They could be selling p2p for cash. And I feel like it's pumping while everything cools off/dumps because people are washing their profits from the last few months.

It's better than Bitcoin in every possible way besides that jewish exchanges wont let you directly cash it out to fiat

>>25081517
Governtments are thiefs.

Its a bad sign tho. it was the last thing to pump before the correction to 16k
20k here we come.

XRP devs selling their XRP and hiding in XMR.

>>25081280
>>25081363
>>25081445
>>25081513
>>25081517
>>25082605
>>25083734
>>25083830
>>25083859
>>25082014


legit guys when is tax for wealth calculated? Thats right at new years, so you buy xmr, pretend to not own anything and the useless old hag at the tax office can't into crypto so she believes you

>>25083926
are you trolling? you can't just dissapear your crypto like that. The only anonymous ways to buy xmr require a taxable event step inbetween and that'll still ask what happened to whatever you traded it for.

>>25081280
Is there any way to trade XMR into ETH with no KYC other then BISQ? I heard Thorchain was working on something like that.

there is no reason to buy trash alts, you should sell everything to get some cash
> go base and forget about lossing, check this amazing PUMP on Uniswap!

>>25083989
localmonero.co

>>25083926
How much XMR for a woman like that?

>>25084117
>woman
It's moby dick.

>>25084117
No need xmr for.

>>25081280
Monero is at ATH of use while the rest of the altcoins are hold by speculators who just pretend to be interested in the fundamentals. Bitcoin & Monero are the duo that will make it, one is store of value with a transparent blockchain and the other is for privacy and safety from governments and unfair laws made by bureaucrats and tyrants.
Every other coin out there fails to achieve these two concepts or tries to attach software enhancements that have nothing to do with money and that can still exist separated one from the other.

>>25083986
>that'll still ask what happened to whatever you traded it for
Just state that you lost your keys, problem solved.

>>25085160
if that's your plan, how does XMR help?

>>25085188
Is this a serious question?

What is your experience running a node?

>>25085215

ignore him, obviously a genetically poor boomer

>Monero's only pumping because the Ripple owners are using it to exit scam
>The Feds will follow them

>>25084117
A very large unknown amount

Any idea what's behind the bull on this one?

Because darknet markets.

People actually use it as currency which value is semi directly based on the value of goods and services that you can purchase on those darknets.

>>25084777
Based and checked

>>25085499
They will try, but will only find an ((unknown amount)) of scammers

>>25085565
Everyone with a brain, its the real crypto currency

>>25085565
darknet markets swapping to entirely monero based payments

>>25085160
Losing keys does not count as a fiscal loss, so you still owe taxes for the XMR purchase then. Which you can't pay because you (((lost))) your keys, so you're fucked if you pay and you're fucked if you don't pay.

Big brain move there.

>>25081280
>How
by having a purpose.
look at real estate. junkies and degenerates always get in on the ground floor.

>>25086348
Does theft count? In my country people pretend to be scammed out of their cash to stop paying taxes

anyone liking Monero should look into XHV. fork of Monero that allows you to privately store your money in xAssets such as USD / Gold / Silver etc. the mainnet just has xUSD atm but plans for a range of assets from bitcoin to traditional stocks.

privacy is definitely the future with all the fuckery the govt is starting to pull on crypto.

Do I go all in on monero bros? Im new to the game I dont even have any coins yet

>>25086669
It’s the best long in crypto but you should do your research before you go all in.
In the meantime, DCA.

>>25083989
Morphscript.

>>25084777
Checked and based.

>>25086797
Will do fren

>>25083926
is that the globglogabgalab?

>>25082014
I hate that this otherwise meaningful phrase got completely ruined and destroyed by BSV cucks

>>25082757
But they do, all of the biggest non-scam exchanges support it: Kraken, Binance, Bitfinex

>>25087230
only thing bsv cucks ruining of late is their underwear

>>25086348
You're talking out of your ass. The purchase itself isn't taxable.

New XMR General opened
>>25087555

>>25081280
After holding literally since launch, i swapped my xrp for xmr last night.

>muh tax boogeyman man.
Lol stop fucking caring.

>>25087269
is there such a thing as a BSV holder?
i dont believe it

>>25088763
I believe there may have been one or two, historically. But now, idk. No-one that would admit to it.

>>25081280
The jew fears the monero.

>>25084777
Based %60BTC %40XMR is the only good crypto strategy.

>>25084777
based af and checked

>>25085221
u might just wanna run a lite version and connect to another node if you don't wanna download the whole blockchain.

>>25088861
Inshalla, Janowitz.

>>25088895
>BTC
SHIT COIN

>>25081280

>>25088895
Are you sure?

>>25090723
Maybe %80BTC is better