/biz/ - Business & Finance

Xmr is a utility it's value doesn't matter. The Monero general is full of moon kiddies who think it'll pump someday or flip Bitcoin. Sad retards

>>54037697
best post

>>54037697
Fuck, Marry

>>54037697
the official coin of daily stormer and iv drug users

>>54037697
XMR has the unique ability to cause chainalysis to brag about non-deterministic tracing with (maybe?) 60% probability (probably entirely through parallel contstruction from KYC'd point of sale)!

Isnt knowing that someone has to show a slide in a presentation saying "We can almost trace this some of the time if the bad guy is sloppy" enough to make you love Monero?

>>54038063
Drug users and outlaws can always be trusted, usecase is King. Hard for XMR.

BTC is an alternative to banks, it's a store of value, that's why it's 21M, monero is an alternative to cash, that's why it's unlimited. monero has a utility until retards discover it, it'll be around $100-200.

>>54038123
yep
with BTC literally everything is traceable, so people only hold it as an investment
XMR is the only coin that works as an actual currency, not an investment imo

>>54037697
It’s the other way around
XMR is the king but normies are too dumb to understand that

>>54037697
XMR is the real BTC

Contrapoints created breadtube, which produced a massive amount of whiny authoritarian socialist manchildren.

If anyone deserved to be publicly hung, it would be this guy.

>>54038063
>government honeypot
>some junkie
yeah nice FUD jackass

>>54038382
>/biz/nigger thinks she has some power to do anything
lol
lmao even

>>54037697

Oh look, more salty Bitfags! Did the latest round of Monero-only market launches trigger you or something lmao

>>54037719
>>54038015
>>54038046
>>54038063
>>54038123
>>54038294
>>54038302
>>54038313
>>54038343
>>54038364
>>54038382
>>54038467
>>54038486
>>54038559
like clockwork and pottery you trooners appear out of the woodwork

>>54037719
>The Monero general is full of moon kiddies who think it'll pump someday or flip Bitcoin. Sad retards

XMR is currently flipping Bitcoin in real-world markets Bitcoin had dominated for 10+ years, which certainly inspires confidence in future prospects.

>>54038123
>XMR has the unique ability to cause chainalysis to brag about non-deterministic tracing with (maybe?) 60% probability (probably entirely through parallel contstruction from KYC'd point of sale)!
>
>Isnt knowing that someone has to show a slide in a presentation saying "We can almost trace this some of the time if the bad guy is sloppy" enough to make you love Monero?

Chainalysis brags, everybody runs for the hills.

>>54038727
Schizoid down mad lmao

>>54038798

Hard to be mad when you're this comfy.

>>54038486
>she
it's a man
>nigger
I thought you leftists weren't allowed to say that? lol

and yes, this guy, along with corporate media(new york times hitpiece) created breadtube and you're just coping over it

>>54038829
what a retarded post with no common sense put into it

>>54038822
>literal who

>>54038382

>>54038906
> he doesn't buy guns or heroin

Are you even alive? ARE YOU?

>>54037697
Who are those guys?

>>54039275
gals and women

>>54038862
>no argument
ok retard

>>54037697
unironically yes, Monero wins only in the case that we go full dystopia. I only hold some of it as a worse case scenario. If the world ends and mad max becomes a reality XMR will be the currency that buys bullets from the bullet farm

>>54038123
nfbs up your ring signature numbers anons!!

>>54038596
Troons are brainwashed npc's with learned helplessness.

They smoke legal weed, suck cock for free, and get high on medicare pharms.

>>54039814
If mad max goes live, youre using food, water, and gas for trade.

If a public ledger threatens the fiat cartel, they will ban it. The fact BTC is not banned means its a scam. The fact XMR could be banned, means nothing

>>54037697
how much of the token was allocated to insiders?

>>54042021
Monero is proof of work and also had a mysterious creator who vanished. Bitcoiners in the know typically have at least a few good words about monero.

>>54042021
>how much of the token was allocated to insiders?

This ain't Efferiumz we're talking about here, pal.

>>54043089
>>54042813
how can we know if we can't audit it?

>>54042021
monero is 0% premined. bytecoin scammers coping and seething

https://localmonero.co/knowledge/monero-history?language=en
https://monero.stackexchange.com/questions/852/what-is-the-origin-of-monero-and-its-relationship-to-bytecoin

>>54043320
>audit Monero
If memory serves me right you can pull enough data for an audit from most wallets even if it's Monero.
This kind of goes against the whole point of Monero imo but it's an available feature should you choose to use it.

>>54043320
You can audit it.
See this cryptography for dummies PDF: https://www.getmonero.org/library/Zero-to-Monero-2-0-0.pdf

>>54043320
>how can we know if we can't audit it?

You CAN audit it, that's entirely the point of zero-knowledge proving systems.

>>54043380
Thanks Anon. Shoudl I try reading the first edition before this one you posted?
Taking the red pill as we speak...

>>54037697
XMR is for chaps that with super powers and want to keep them private

>>54037697
>>54038302
>>54039814
>unironically yes, Monero wins only in the case that we go full dystopia
I don't think you people understand how transparent is Bitcoin. I'm always wondering it these comments are made out of ignorance or malice.
Would you be able to conceive the implications of having a vast part of the economy running on a transparent ledger, void of financial privacy?
Maybe you think that even if bitcoin's ledger is transparent no one will trace the transactions. My negro, this is all done automatically, you barely need manpower to be able to create a very thorough graph analysis of UTXOs movements. You literally just have to search demo presentation of tracing analysis software on YouTube to see how they have been doing this since 2017, probably before.
A future with bitcoin and without monero means a future where your transactions are absolutely with 100% certainty going to be traced, catalogued and attributed a 'score', and if you take extra steps to obtain some degree of privacy then these UTXOs will be flagged as dangerous.
I mean, it's already the case, right? Plenty of stories out there of people having their bitcoin funds frozen because they used a mixer and coinjoin. Bitcoin users will say that this is OK because you're not supposed to use exchanges anyway, but the point is that all these transactions and UTXOs can be easily flagged by whatever entity and authority. If exchanges can arbitrarily refuse funds based on their history, you can bet big business will do the same once the government send them the "compliance module" to be installed in the point-of-sale software.
>Monero wins only in the case that we go full dystopia
Do you truly, really believe we need to reach full dystopia to get authorities tracing and flagging every transaction in bitcoin's ledger? You think that would be something too hard to achieve? Maybe your understanding of technology is very limited.

Financial privacy is not going anywhere, faggots.

>>54037719
Exactly, the privacy is a movement.

>>54038302
We know the utility, we also use privacy enhanced wallets.

>>54043089
They 100% premined before launching it publicly. Fluffy pony has millions of XMR stashed. And that's assuming there was no inflation bug and someone out there is sitting on billions of XMR and slowly dumping them, which we have no way to prove or disprove.

>>54038382
>our trannies are better than their trannies!!

>>54044268
>They 100% premined before launching it publicly

>>54044268
>Fluffy pony has millions of XMR stashed.

That's the beauty of XMR, nobody knows!


>And that's assuming there was no inflation bug and someone out there is sitting on billions of XMR and slowly dumping them, which we have no way to prove or disprove.

Think about it for ONE second, moron: if an excess of XMR was being dumped on exchanges over the course of years then said exchanges wouldn't need to constantly suspend XMR withdrawals due to lack of supply as has been happening for the past 18 months.

>>54039814
>only in a case where we go fully dystopia
Fren, if you think we arent already living in a techno-hellscape where every movement, every personal identifier and secret isnt being quantified and stored for predatory marketing and worse, youre blind or intentionally unaware.

>>54043984
Mostly use railway wallet even though monero is the most widely used.

>>54044924
This is good for privacy protocols in general.

>>54037697
I want XMR and BTC to spitroast me

>>54044268
>They 100% premined before launching it publicly
Monero was pre-announced on bitcointalk, why would you affirm something that is verifiably false? Are you retarded?
>And that's assuming there was no inflation bug and someone out there is sitting on billions of XMR and slowly dumping them, which we have no way to prove or disprove.
>someone made magic code and is slowly dumping monero
The mental gymnastics you'll do to justify your position on this is appalling. You can audit the supply of monero TODAY.
>the code is wrong bro fuck all the crypto primitives there's a hacker out there dumping billions of XMR I just know it
A hacker just flew by my house too bro !!!!

it's one of the only admirable projects out there that adheres to crypto's founding principles. completely baffling to me that anyone into crypto would honestly dislike monero

>>54044268
XMR was like 5 cents, any /biz/ anon that had already made BTC money when XMR launched would be able to hold millions.

>>54043931
For normies that value their privacy. Same with ZEC and RAIL.

>>54045333
Checked

>>54037697
XMR is everything BTC was supposed to be. It's private currency. What is BTC? A hedge? Not really crypto? "Energy"? Even malding maxis can't agree.

on the monero CLI, what's the difference between these two commands:

start_mining [<number_of_threads>] [bg_mining] [ignore_battery]

start_mining_for_rpc [<number_of_threads>]

and what parameters make the most sense for a desktop?

>>54037719
>The Monero general is full of moon kiddies
The monero community is one of few that don't constantly moonfag, can't say the same thing for bitcoin, chainlink, ethereum, or whatever smart contract nonsense coin is making the rounds nowadays. I've never seen anyone talk about bitcoin outside of price, because it is a shitty failed coopted project and only exists to gamble on.

>>54046047
>*sips*
Yup

Not really. Monero is still massively useful in a gray society.

>>54048039
Meant for >>54039814