/biz/ - Business & Finance

[Anonymous No.13696363]

Friendly reminder that when (not if) governments start cracking down on cryptocurrency, privacy coins are going to become extremely valuable to to individuals that want to hide their wealth and protect themselves.
The only privacy coin worth its salt: Monero. period.

[Anonymous No.13696380]

How’s the weather in Tel aviv shlomo?

[Anonymous No.13696471]

>>13696380
Honest question, how is xmr more cucked than zcash when xmr isn’t allowed on coinbase whereas zcash is?

Is there any noncucked privacy coin

[Anonymous No.13696536]

>>13696471 XMR isn't allowed on coinbase because its ACTUALLY private by default and ACTUALLY does as advertised. Zcash is a sad excuse for a privacy coin for many reasons, the main ones being: the trusted setup, not private by default, founders reward (which introduces centralization issues), and Zooko himself said he would be willing to put a backdoor in the coin for the government. Get real people, this is not a privacy coin.

[Anonymous No.13697391]

>>13696471
It's not, he's just a retarded troll. Monero is the best crypto for storing wealth privately and making private transactions. Even if you are just washing bitcoin, it's the best there is.
>inb4 the guy who calls it a non-private hobbyist project and then leaves the thread

[Anonymous No.13698130]

>>13696471
>>13696536
Thanks, could monero be a better store of value than btc?

Ill look into it but I’m curious, I don’t like the idea of random people being able to see how much you hold of an asset. Does anyone think the btc shilling in media is an unintentional psyop to covince people that btc (trackable, transparent, boomer-approved) and ignore xmr?

[Anonymous No.13699311]

>>13698130
Not sure about that specifically but I could definitely see some bad dystopian shit going down in the future with everyone's balances open for the world to see on the btc public ledger.

[Anonymous No.13700190]

>>13699311
Checked thanks fren
I’ll read more never thought about it much until this thread

[Anonymous No.13700214]

>>13696363
>People whom don't already use bitcoin and aren't intelligent enough to just keep their transactions separate as is intended actually have money to buy a scam coin.

ohkay bud.

[Anonymous No.13700377]

Reminder that XMR is the only actual privacy coin. OP is spot on.

[Anonymous No.13700431]

>>13696363
pls buy (((monero))) goys

[Anonymous No.13700598]

>>13698130
hard to say they had a fork that fucked me over hard since I had plans on holding but now all ive got is some useless classic. btc could very well be an example or become one in the future of what happens when you try and go against the dollar. I think this is the first wave of crypto currency and once quantum computing rears its ugly head it will decimate whats left until quantum crypto takes its place.

[Anonymous No.13700624]

>>13698130
>Thanks, could monero be a better store of value than btc?
It's going to be more volatile, so in terms of pure storage of value, probably not. In terms of privacy though? Definitely.
>>13700214
>monero
>scam
>>13700431
This isn't /zcash/ general.

[Anonymous No.13700650]

>>13700598
Unless you sold the original monero then you still have it. Just update your wallet. The alt-monero variants are all scams.

[Anonymous No.13700676]

>>13700431
take your pills schizo

[Anonymous No.13700712]

>>13700676
Pls let mossad know what you're doing with this (((privacy))) coin

[Anonymous No.13700722]

>>13700676
Jew enablers will get the rope in Minecraft also.

[Anonymous No.13700758]

>>13700214
There’s no such thing as ‘separate’ transactions on the Bitcoin blockchain you stupid fuck. Any address’ incomings and outgoings are fully visible. You think having a ‘shopping’ address funded from your big main stash is invisible? LMAO

[Anonymous No.13700778]

>>13700650
I was dumb enough to fall for the genesis mining ponzi scheme so I cant get anything but the alt and even that they wont give.