/biz/ - Business & Finance

In a regular database you can read, write and modify
In a Blockchain you can only read and write
But there has yet to be a database where you can just write

>>50853460
>should I pay tax on it
Yes fucker, pay your fucking tax!

>>50853496
All the writing will be for what if it can't be read?

>>50853496
Thats monero.

>>50853527
No monero is read and write but with encryption I think

>>50853496
You're looking for /dev/null

>>50853536
This is why monero is banned in some countries, even after a 600k bounty by the IRS to track the transaction, no success.

>>50853460
It seems the government are winning the war, I'm fucking afraid how I will pay tax to all my 5 Bitcoin, this is going to be outrageous, I wish they is a way out

>>50853460
Privacy is a fundamental human right, if privacy is important outside the blockchain, it is more important inside the blockchain.

>>50853849
Says a criminal that wants to launder money.

>>50853849
regulation and privacy will increase the mcap, bigger institutional investors will come in.

>>50853951
A genuine care for privacy

>>50853959
What's bringing the bigger institution? Regulation?

>>50853676
What contributed to their banned?

>>50853981
So you say. But we see that many want to use privacy for selfish reasons and not genuine care.

>>50853496
It is very complicated, for this to work without the government claping down on it, the developers will not be doxed, this in itself will deiscorage adoption considering the rug pulls happening now.

>>50853510
Dumb fuck. this is not a textbook. he's talking privacy solutions.

>>50853951
If securing your funds on the blockchain from public view is a criminal act, why then are you keeping your funds personal and safe in the bank?
That shows how daft you seem to be

At last, we will both pay heavily on tax if privacy fails, but I know I have a safe haven, so I'm not afraid

>>50853991
Yeah, and privacy, Many investors are just watching crypto market because there's no legal regulation and no privacy of transactions.

monero wasn't the first anything, and it definitely won't be the last

but maybe ask yourself why tornado cash was so quickly
sanctioned, yet monero is left untouched

>>50854070
Let's wait until regulation hit the space. I hope privacy protocols are able to save your ass.

>>50854088
Are you saying more privacy protocols will be sanctioned? come clear.

>>50854107
i'm saying if monero wasn't so easily statistically traced it would have been sanctioned years ago.
instead they were careful to try and remove as many non-interesting transactions as possible by removing it from exchanges/the speculator market.

>>50853959
What mcap are you talking about?

>>50854000
It can't be tracked and will encourage shady transactions.

>>50854088
>but maybe ask yourself why tornado cash was so quickly
>sanctioned, yet monero is left untouched
Can you elaborate?

>>50853460
Do you realize that the world has changed that you can make it getting boomers to pay in order to see your nudes? Privacy is normal

>>50854375
Now I see, but they are other privacy blockchains that can't be trace, but the users decide whom they share their data to
They are private but auditable by nature

>>50854390
Getting Monero and Tornado cash sanctioned doesn't stop privacy coins from thriving and I'm already looking at the fundamentals that the likes of shade protocol have with its SILK algorithmic stablecoin

>>50854509
If they are auditable by the treasury and SEC, they are safe. What privacy projects/chains are audited?

>>50854375
That doesn't give any reason to get it banned. We need to wake up and fight for our fundamental human right

>>50853705
Payment systems are a way out anon. Crypto is the future, even the feds know that. Defi cards are one step towards that adoption. CryptoXpress is ready with a gateway. Only a matter of time.

>>50854550
How are they decentralized if they get to be audited by the treasury and SEC?

>>50854088
Wasn't monereo the first to be banned in North Korea?
Always get the fact before you vomit the nonsense out of your fucking mouth

>>50854572
Fight the SEC or who? Well, The best thing is for privacy protocols to prove their worth.

>>50853951
Lmao. Privacy fags need to take a break. Payment solutions are more important for both blockchains and the metaverse.

>>50853496
It seems like you don't have an idea about the evolution of the World Wide Web. So yeah, you are a newbie in Web 3.0 talkless of how programmable privacy innovation can make an impact in the decentralized web.

>>50854576
Will payment system or your so-called Xpress help privacy or the crypto space from getting regulated? You think with you anus.

>>50854550
Secret network is auditable, still it maintains its privacy protocol in all ramifications

>>50854513
Algorithmic stable coins, after LUNA and UST saga? I'm good thank you.

>>50854509
This is a usable solution.

>>50854603
No wonder, you wouldn't mind getting exposed having sex in the metaverse as long as you've the source to pay your whore. Privacy is very normal if only these type of poor faggots realize it's to their advantage

>>50854646
Sign that you're a loser in the making if you think SILK is like UST. Go and study what the hell is that

>>50854513
Autistic fag spotted. After what happened with ust? Would rather stick with Xpress staking rewards. Hfsp.

>>50854645
That's powerful then. No FUD coming towards it then?

>>50854572
Yeah, It will increase the number of investors and cause a shift from traditional banking, but this is exactly what the feds are against.

I just remembered a private network that uses crypto to incentive people hosting nodes I think. That's a good use of crypto, if it ought to be used it ought to be useful atleast.

>>50853460
It's not, have you been checking the news lately with Facebook?
There was an outrage because FB helped out prosecutors of a abortion case by handing out messenger chats of the mom & her daugther.
Now, today you have this damage control coming out : https://about.fb.com/news/2022/08/testing-end-to-end-encrypted-backups-and-more-on-messenger/

Governments will cope and seethe hard.
It's not only crypto.
Sneed.

>>50854731
You must be a dickhead for thinking about that. Fuck UST, the level with SILK is not the same and will never be the same. The problem is that you plebs are driven and influenced by FUD and you lack the ability to do some fucking research

>>50854632
Why hate your life so much desu? Payment solutions will bring more adoption to the space. It's already kicking it. Go ahead and choke on your privacy.

>>50853460
>UH OH, YA HECKIN DID IT NOW
>YA USED A MEANS OF EXCHANGE THAT INDIRECTLY SUPPORTS A HOSTILE REGIME THAT DARES TO RESIST THE DEMONIC INFLUENCE OF THE UNITED STATES GOVERNMENT
>YOUR CRYPTO? SIZED.
>YOUR HOUSE? SIZED.
>YOUR BANK ACCOUNTS? SEIZED.
>YOU? IN PRISON FOR LIFE WITHOUT PAROLE.
>YOU DID THIS TO YOURSELF, YA HECKIN TERRORIST.

>>50854584
The platform learned from the mistake of others, knowing that regulations are inevitable, and government will never tolerate privacy without auditing, they had to make theirs different from others, with the use of their smart contract

>>50854645
I checked this out, not bad, they have quite some accomplishment in the NFT department.

>>50854749
Oxen is the crypto that powers lokinet.
Yep I think I'm bullish on $oxen.

>>50854755
Read to understand fag. Algorithmic stables are shit. Blockchain innovations aren't going away, same as crypto payment solutions. Learn.

>>50854665
Keep telling us what you think about all the time fag. Metaverse bank is on its way. Binance has crypto cards already and cryptoxpress is hot on that trail.

>>50854656
Obviously anon, it's exceptional
>>50854735
I don't think any FUD will come anytime soon, because it's transparent and reliable

>>50854656
The innovations are getting better. It's time for payment gateways that also offer nft marketplace. Who says good fundamentals can't happen in one place?

>>50854775
>regulations are inevitable
More reasons why crypto as payment will gain traction. The government can't control what they can't touch.

>>50854780
Not only the NFTs, other projects are building their project on it, just like Ethereum, because of their smart contact features.
They also give out claimable SecretBadge NFTs every Tuesday during their weekly Twitter space to everyone that attends

>>50853460
Slaves don’t need privacy

>>50853951
says a criminal that wants to find a mark

>>50854603
>muh shabbosverse
Oh hi Mark

>>50854013
>privacy
>selfish
This is your mind on npc that considers your privacy to be a collective property. Of course this parasite is the first one to vote for every theft law there is

>>50855083
Do you mean crypto regulation is not happening soon?

>>50853460
What's to stop you from using xmr even if sanctioned? Just don't use cex

>>50853460
Privacy ended 20 years ago.

>>50855246
>crypto regulation is not happening soon?
It definitely is and on a global scale. Do Kwoon just sped things up.
>>50854780
They minted the first movie NFT because the privacy the NFT has makes it better at managing copyrights.

>>50855410
The current majority of blockchains only makes it worse, everybody can see all your transactions

>>50855083
They have practically all legal businesses under their thumb. Even if they can't physically block a transaction, they can make crypto worthless by making it illegal to redeem your coins for real goods or legal currency.

>>50855457
Yes, the movie; 'Kill Roy Was Here' by James Smith minted as NFT in their NFT market place was a formal inception of Hollywood into the blockchain and crypto space, and that was another way NFTs are driving crypto adoption.

Now tell me how privacy will not be inevitable if I can mint my movie and watch it with famz

>>50853460
Bitcoin(SV) solves the privacy issue with the UTXO model, SPV, and the sheer scale of number of transactions. Remember, privacy and anonymity are different things. If I pay you with cash only you and I need to know about it. However, if the tax man comes knocking we both have a record of the transaction permanently stored on the blockchain.

>>50853460
We are just doomed, get ready and set for it. the government is coming for for all.

>>50854390
it's obvious from both on-chain tx metics and off-chain regulatory action that monero is either
a) deanonymizable with the level of effort governments/private parties can put in
b) not actually being used

>>50854587
>banned in North Korea
what's that got to do with banning used, untraceable privacy tools but curiously leaving monero?
in fact when you think about it, north korea banning monero but using tornado cash says everything, doesn't it?

>>50853460
>should I pay tax on it
If you haven't been acting with privacy in mind from the start then you more than likely fucked up and made yourself traceable at some point. Just pay your taxes.

>>50853460
Fuck the government and fuck taxes, politicians are fucking us bad.
>>50853849
women cannot vote in our country.

>>50856487
Your country is fucked with bastard idiots
Women liberation hasn't gotten to Mumbai?

>>50853951
I used to buy chocolates this way and fuck my gf around.
>>50853676
It is not just about laundering money

>>50856361
But now tornado has been banned, don't you think it's time to move to an auditable privacy chain?

>>50856548
why did your mom say that, stop saying shitty things to your father?
>>50855774
This was a funny movie around. It was worth minting for just a hundred dollars

>>50853460
why join crypto if you think about paying taxes, cash it out in Dubai
>>50854513
so many dapps coming out on their mainnet.

>>50856595
no, i think its time to push zero-knowledge based privacy to the top priority of all dominant second layer scaling solutions for both bitcoin and ethereum.
it's time to make privacy default on the transactional layer most people will be using.

its easy to single out and ban, or sanction if you're a mutt minority privacy tools, whether tornado cash, zcash, monero, bytecoin, whatever other alt is out there. but when the technological solution for scaling is itself based on zero-knowledge, everyone gets plausible deniability, which is the single most important thing for privacy, and the thing that can only be offered by being default on a dominant network, or a dominant network's dominant scaling layer.

>>50853676
The bounty is no less, This is why and keks now that he will be killed by the Russian mafia if he breaks the code.
>>50854645
I flipped some NFts on their stashapp a while ago and bought some nudes over it too.

>>50856665
ZKP privacy protocol is good, but I think more legit is snip 721, saw vitalik talk about it the other day, some privacy projects are already using it

>>50856756
looks irrelevant to the underlying privacy technology

>>50854060
I agree, why keep your funds naked out in the open, I saw a family got their kid kidnapped and was asked for his BTC

>>50854628
web3 is the future and I think privacy in metaverse and web3 is going to be the next big thing.

>>50854755
They are backed by real money and I think another major airdrop is coming for holders.

>>50854758
That would be some real form of kink.
I love choking and gaging to the core.

>>50856595
no glownigger, I don't

>>50856612
Well, what ever dollars it is minting at, the idea is that it was monted as NFT
>>50856720
Yea, you need to try their stashh
Playing games like secret heroes, orbem wars and others with anonymity features is always amazing.
>>50856939
Now you see the need for privacy?

>>50854093
Privacy protocols would definitely play a major role in the coming regulations and its good to know that most of them are quite innovative and even going as far as defi integration.

>>50854093
Privacy protocols would definitely play a major role in the coming regulations and its good to know that most of them are quite innovative and even go as far as defi integration.

>>50854656
Is it?

>>50854576
You can't just generalize the situation. There are so many other privacy projects in the space. Users would just explore other options

>>50854375
Your knowledge of privacy stinks oldfag. Privacy protocols that offer programmable privacy and passive income are all you need in the bear market. Do anything else and remain poor.

>>50854208
Privacy is not just based on payments. Smart contracts, wallets, dApps, and even your NFTs deserve to be kept private. Even the government needs these protocols to keep their activities private.

>>50854758
Privacy blockchains will really be important in the long run for obvious reasons. Having control over your data can't be overemphasized but morons like you will find it difficult to understand.

>>50862238
Secret, Monero, Azero, and Nim are worthy of note anon.

>>50853498
looks as though all these new IRS employees were hired (at the expense of humans) to shitpost on 4chan with us

>>50862935
To hell with those bastards, they are never gonna see my assets in public.

>>50862571
Secret is the most preferred option for developers due to its privacy by default features.

>>50854603
exactly, nobody values privacy anyway. Please post your full name, credit card information and address, I would like to get a new GPU while prices are lower.

>>50853496
What is the point of writing if you can't read

>>50853981
I'd like to believe these big tech corporations use user data to enhance their products even though some of them are for shady reasons. Access to one's data should be optional and the user should not be compelled to do so.

>>50853460
Do what our ancestors did. Store it as fat/something non taxable like a luxury painting or nft.

>>50863350
Whichever way you choose to look at it, selling user data is just wrong and it infringes on people's right to privacy. One of the reasons why I use decentralized exchanges and privacy solutions is for better security of sensitive personal data. People will take necessary measures to prevent being monitored by these fags.

>>50863352
Most NFTs are shits these days.

>>50853460
Privacy is not just an illusion; it’s a delusion. Things like privacy statements and permission to use cookies are little more than sophisticated propaganda. If you think for a moment the Overlords cannot prepare a dossier on you within minutes that would make your mother faint and your father die of shame, you’re living in fantasy land. You have no idea how much data they store on individuals, and not just credit card purchases: tracking data, telephone conversations, text messages, anything you ever posted on the Internet. It’s a devouring machine. Get in their way, and you will find out how much they know about you. It has been this way for a very long time. This is nothing new. And yes, they really can turn on your cell phone camera and microphone at will without lights, so long as the battery is attached. And VPN? I laugh when I think about VPN. There is no cryptographic protocol used on the Internet, that the Overlords who brought all these technologies out in the first place, cannot decipher. None. The only way to live with this level of privacy evasion is to accept the reality of it. Stop thinking you are ever alone. Out in the middle of nowhere with no electronics on you? Maybe

>>50853460
Use 0xTIP by 0xMonero

>>50864523
Question of the day?
Can you be transparent, yet anonymous while trading?

>>50856595
Well, there are enough open source privacy protocols in the space which are open to audits and have been audited already.

>>50864523
Never been a fan, the community is more like a cult. I'd pick Secret and Beam over it any time of the day

>>50854088
maybe ask yourself why the government doesn't go with all force against Monero.
The answer is because they will look powerless and stupid. If you know that the sanctions that you are going to apply are not going to be effective at all then you better just drop the issue until you can actually do something about it.
I'm not saying Monero will be the future of privacy but its definitely a significant step. Many people are pushing this kind of projects not because they actually need privacy for their 'criminal' who-knows-what activities but because we all know what will happen if the governments gets too much power over peoples lives, that is not new at all.

>>50865675
This is undilutedly based. Monero and a whole bunch of privacy protocols have opened the door and people are embracing the shit out of this. We can't allow the govt to keep getting stronger all the time.

>>50865675
>>50865960

>>50866159
Couldn't agree more.

>>50860743
yeah, possible with zkp tech in l2s we might see soon

>>50865675
smells like nervousness to me. tornado cash is functionally identical to monero from the outside, both are optional technologies, both decentralized, and both equally capable of being sanctioned.

the difference is one did, despite being years younger than monero, while monero has plodded along with ever weakening privacy guarantees with the same incredibly low ring size and the same dangerously low transaction fees.

as for a significant step, i guess using zkp to hide tx amounts was a thing? but i cant remember if that came out after zkps appeared elsewhere. either way monero has either inherited its tech from bytecoin or has been lagging the rest of the field since 2017.

>>50866384
I'm not a Monero fanboy, I don't even own any, for me any project that have some potential and feasibility is good enough to support.

>>50866384
>tornado cash is functionally identical to monero from the outside

not really.

with tornado cash, you're combining your ETH together in a pool with other users. lots of criminals were using tornado cash. you are combining your ETH in a pool with criminals. you are laundering ETH (money) with criminals.

monero doesn't have pools. you're not combining your XMR with criminals. you are not laundering XMR (money) with criminals.

it's not hard to understand the difference.

>>50866384
>smells like nervousness to me. tornado cash is functionally identical to monero from the outside

"functionally identical to monero" lol get the fuck outta here! Unlike TC, Monero is a *self-contained* system that runs on its own *dedicated* chain that is optimized for privacy *from the ground up*.

>both are optional technologies

Monero is optionally transparent, fully private by default


>both decentralized

TC is as decentralized as ETH, which ain't saying much.


>and both equally capable of being sanctioned.

Uh, no. Already several XMR addresses have been added to the OFAC blacklist with zero effect, it doesn't work because no addresses actually appear anywhere on the blockchain.


>while monero has plodded along with ever weakening privacy guarantees

lol nice try, jeet. Monero has only gotten MORE secure with age as ring sizes keep increasing, and they'll be ditched at some point entirely.


Bottom line: Monero-only is currently becoming the new standard for the darknet and ransomware sectors while TornadoCash generates exactly zero interest.

It ain't happening, pal, darknet admins are OPSEC experts by necessity and they ain't going to be fooled by yet another "Monero-killer of the week" shitcoin.

>>50853460
Privacy is like security: you have to decide how much you want, and how much you're willing to pay for it.

>>50868114
Privacy is definitely like security. But I don't think there's anything like wanting too much privacy. It's also encouraging to see protocols in the space that can grant users shielded wallet balance and privacy on transactions.

>>50865675
Sanctioning monero would have the same result as sanctioning tornado. The difference is literally nobody uses monero but people actually use tornado so there's actually something to sanction. Saying "hey, anyone who interacts with people who used monero will face penalties" will be met with cricket chirps because absolutely nothing uses monero in any meaningful way lmao.

>>50866696
You're completely twisting the points being made. Monero makes sense for darknets, but nothing else really since it can't easily be integrated with anything else. It's good for P2P payments, and even then there are L2s built on privacy with ZK tech like Aztec that have more applications. You just don't need the extra shit if all you're doing is buying and selling drugs.

>>50854051
Dumb fuck, what is the purpose of a database you can't read?

>>50869862
Monero can't be read by public, you stupid shit strain.