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/biz/ - Business & Finance


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14819928 No.14819928 [Reply] [Original]

>regulate this, assholes

Monero will flip btc before end of next year.

>> No.14820025

Monero isn't that anonymous. Only newfags who never did research think it is.

>> No.14820061

>>14820025
>Monero isn't that anonymous. Only newfags who never did research think it is.

there's a research paper about this and the tl;dr version is that this used to be true but isn't really true anymore. really easy to find on google but i'm too lazy to find it again for you. search deduced transactions monero or something.

>> No.14820074

>>14820025
It's pretty fucking anonymous and keeps getting better, enough that it'll be the new standard.

>> No.14820096

>>14820025
Newfag here pls elaborate, I though cryptonote protocol obscured all transactions.

>> No.14820124

>>14819928
only pedophiles use monero

>> No.14820141

>>14820124
And druggies, and tax evaders and people who... you know... value their fucking privacy.

>> No.14820168

imagine investing in a shitcoin whose only usecase is for criminals

>> No.14820195

>>14820141
value their privacy to not pay their taxes you mean

>> No.14820211

>>14820124
>>14820141
>>14820168
glowing

>> No.14820216

>>14820096
he's just trying to fool newfags into not buying the next bitcoin

>> No.14820245

>>14820124
>>14820141
>>14820168
S E E T H I N G

>> No.14820247

>>14820168
bitcoin is a liability that no one can or will use.

>receive bitcoin
>now your part of an investigation because those bitcoins are suspicious

>> No.14820263

>>14820168
>>14820141
Enjoy investing in your LGBT Chuck E Cheese virtual tokens

>> No.14820281

>>14820141
>people who... you know... value their fucking privacy
omg bullshit! There are no such people jeez. How could you even assume they do exist?! Not a single normie would believe in such nonsense.

>> No.14820302

>>14820168
yeah.... imagine that.

>> No.14820352

>>14820216
>>14820247
lets be real here this will never be something that kills bitcoin because this shit is kike nonsense and everybody knows it. it will never be universally enforced and anyone that does try to enforce it will suffer permanent reputation destruction. for the record i think monero has tremendous inherent value however.

>> No.14820367

>>14820263
This is the most desperate FUD I've ever seen.

>> No.14820408

>>14820352
wrong. bitcoin isn't currency. to be currency 1 bitcoin must always equal 1 bitcoin like 1 dollar equals 1 dollar. some bitcoins are better than others, removing it from the category of Currencies

>> No.14820437

>>14820367
You're the one FUDding with your glownigger propaganda

>hurr de criminalz use it stay away durr
Same could have been said for Bitcoin in 2012

>> No.14820458

>>14820408
i see your point but disagree that it would kill bitcoin

>> No.14820541

>>14820124
I just want the best munnys see? Monero looks like a pretty fukin good munny. Why would I have a problem with their vision? I guess it's not government friendly, but who is these days...

>> No.14820574

>>14820458
it may not "kill" bitcoin but it's the only crypto suited to be digital currency at the moment. bitcoin isn't even a good store of value. monero is a better store of value and better at being cash

>> No.14820576

>>14820168
Lol. This guy lives in UK.
You think crime money is dead?
Crime money is best money.

>> No.14820610

>>14820263
Lol. Kike reddit shill. C'mon you can do better than that we're just goyim right?

>> No.14821094

1. You are travelling through parts of a country with a medium to high violent crime rate. You need to use some of your Bitcoin to pay for something. If every person you transact with knows exactly how much money you have, this is a threat to your personal physical safety.

2. You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.

3. You are a private citizen paying for online goods and services. You are aware that it is common practice for companies to attempt to use ‘price discrimination’ algorithms to attempt to determine the highest prices they can offer future services to you at, and you would prefer they do not have the information advantage of knowing how much you spend and where you spend it.

4. You sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment.

>> No.14821750

>>14821094
Based.

>> No.14821810
File: 343 KB, 2082x1226, 1526759592700.jpg [View same] [iqdb] [saucenao] [google]
14821810

>the year is 2030
>alphabet negros activate plan
>every monero holder is rounded up in the ded of the night
>"b-but... how did you know?"
>a huge figure emerges from the shadows

pic related

>> No.14822343

>>14821810
Fluffypony doesn't have control of it, nobody does. That's the fucking point.

>> No.14822452

Stakenet launching it's own true DEX that cannot be taken down by anyone not even the stakenet team or DEX creators. It'll be like Hollywood trying to take down movie torrents it's impossible to stop. Truly impossible to regulate do to their original tech, Trustless Proof of Stake. XMR is the top dog at privacy but can become centralized in the same way that bitcoin already has been centralized.

>> No.14822496

>>14819928
Xmr will x100 this bull screen cap this

>> No.14822815

Tets

>> No.14823301
File: 108 KB, 927x681, BTC bridge.jpg [View same] [iqdb] [saucenao] [google]
14823301

monero is a shitcoin, wasabi ,blockstream liquid and sentinel sidechain make btc a privacy coin and monero useless

>> No.14823986

Biz doesnt deserve monero. Most of the guys here are sub 90 iq idiots. True chads only hold btc and xmr.

>> No.14824084

>>14821810
>>14822343
fluffypony didn't even create it he's just a contributor

>> No.14824101

>>14820124
Based you just worked all the pedos itt

>> No.14824131
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14824131

XMR truly is the future and i have all my money locked up in options right now, don't go anywhere without me i need 6 days

>> No.14824156

>>14819928
monero will be killed by world governments
https://medium.com/altcoin-magazine/g20-finance-ministers-agree-on-the-regulation-of-cryptocurrencies-and-tokens-a59915613a2b

>> No.14824194

>>14824156
Sure, right after they turn off the internet

>> No.14824277

>>14820025
>muh view key
just don't share it with anyone you dumb shit.

>> No.14824490
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14824490

>>14824156
imagine actually thinking like this

>> No.14824517
File: 633 KB, 752x1282, dont-give-up-your-privacy.jpg [View same] [iqdb] [saucenao] [google]
14824517

Monero is King

>> No.14824550

>>14824131
now i need to fuck a nigger

long live XMR

>> No.14824563
File: 2.15 MB, 1400x1929, medium-tellmemoreaboutit.jpg [View same] [iqdb] [saucenao] [google]
14824563

>>14823301
>monero is a shitcoin
Thats like, your opinion man
>wasabi
optional privacy is not real privacy lol...this is basic shit
>blockstream liquid and sentinel
LOL

>> No.14824578
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14824578

>>14824490
>imagine thinking you will outrun and outsmart all governments of the civilized world indefinitely.

>> No.14824592
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14824592

>>14824578
if you actually read the guidelines from the FATF its actually good news for monero you fucking retard

>> No.14824649

>>14824550
>blue eyes
>Anglo facial features
Pretty sure she just goes to the tanning bed way too often.

>> No.14824798

>>14824592
Yep.

People often like to purport that Monero will inevitably get banned. However, the new FinCEN guidance is basically inconsistent with that notion. From the CoinCenter article:

Section 4.5.3 states that exchanges are not per se banned from using privacy-preserving cryptocurrencies but will need to comply with the same BSA regulations they comply with for typical cryptocurrencies. We believe that this is possible. Exchanges need to know their customers but they do not have a black letter law requirement to know the customers of their customers. In other words, a bank needs to know who you are but they are not obligated to know the name and address of people that you pay using cash you withdraw from your account.

https://coincenter.org/entry/fincen-s-new-cryptocurrency-guidance-matches-coin-center-recommendations

Arguably, this is long-term bullish for Monero.

>> No.14824860
File: 23 KB, 480x360, 1522076406849.jpg [View same] [iqdb] [saucenao] [google]
14824860

>>14823301
>sidechain
>make btc a privacy coin

>> No.14825150

>>14821094
>1
Agree

>2
It can be advantageous to reveal my entire transaction history on certain online marketplaces, as it allows me to prove that I have done a significant amount of business and thus am less likely to scam. Many people also think that richer people are less likely to scam because the damage to their reputation would be greater, so that also gets me some "trust".
For a more "normal" business, I agree.

>3
Agree

>4
I'd accept Monero if anyone paid with it, but almost everyone I transact with sends BTC/ETH sourced from Binance/Coinbase.