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April 2023
- 12 participants
- 419 discussions
ADAM BACK for DeFi Crypto-Economics NOT Btc Max Monoculture
https://twitter.com/fuji_money/status/1646138705160335363?cxt=HHwWhsDTwcibo…
Reposts not obituaries for unpleasant dogmatic Btc fanatics like Jackass Giacomo Zucchole
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This is very cool. Check out the video.
----
http://www.raytheonmissilesanddefense.com/news/2023/03/27/over-the-horizon-…
Raytheon Technologies is building a next-generation over-the-horizon radar,
offering advanced detection of cruise missiles.
April 05, 2023
For decades, the focus of missile defense for the U.S. and its allies has
been on nuclear ballistic weapons, which can fly high and fast to strike a
target half a world away.
But another threat lurks beneath: cruise missiles, …
[View More]which fly lower and
slower but, as seen in strikes on Ukraine, can carry devastating payloads.
One important defense against those threats are surface-based radars that
can see over the horizon to provide earlier warning and cue defensive
measures.
Raytheon Technologies is using its decades of expertise as an integrator of
missile defense systems to develop a first-of-its-kind, next-generation
over-the-horizon radar to defend the homeland. The new system will be able
to quickly detect, track and classify cruise missiles – day or night, and
in any conditions, including when the northern lights, also known as the
aurora borealis, are on display.
“The next-generation over-the-horizon radar represents a quantum leap
forward in our ability to not only detect and track aircraft and surface
vessels, but also detect and defend the homeland against cruise missiles
and other weapons,” said Paul Ferraro, president of Air Power at Raytheon
Missiles & Defense, a Raytheon Technologies business. “With its
unprecedented sensitivity, this new radar technology will be a game
changer, providing our military with an unparalleled advantage in cruise
missile defense.”
Over-the-horizon radars can detect objects hundreds to thousands of miles
away beyond the range limit of conventional radars. They operate in the
high-frequency band of 5 MHz to 35 MHz, using powerful radio signals
transmitted by a large antenna.
What sets them apart from other missile defense systems is that they can
see around the curves of Earth. They do that through what is essentially a
bank shot: they bounce their signal off the ionosphere, then the target,
which reflects the energy back to the ionosphere and ultimately to the
radar's receiver.
The next-generation over-the-horizon radar builds on technology and design
that power a system known as ROTHR, which the U.S. Navy uses as its primary
detection system for border security and drug smuggling.
That system, which stands for Relocatable Over-The-Horizon Radar, is built
by Raytheon Technologies. The company's experts are leading the integration
of several advancements in its maritime capabilities.
And that work, naturally, will benefit the development of a
first-of-its-kind system, with a 2D array and digital receiver.
“We’re leveraging more than three decades of ROTHR and HF (high frequency)
technologies across our portfolios as well as research and investment to
deliver a next-generation system built to detect advanced threats,” program
manager Jeremy Hurley said.
Raytheon Technologies has worked with the U.S. Navy, U.S. Air Force, the
U.S. Missile Defense Agency and research laboratories to continuously
improve technologies critical to over-the-horizon radars, such as systems
processing.
[View Less]
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15 Apr '23
Here’s something easy to forget but inspiring to recall: Even today, there
is a very special place where Russians, Americans and others cooperate
professionally — and harmoniously — despite Russia’s attack on Ukraine and
the bitter confrontation between the Kremlin and the West.
The International Space Station Is a Model for a Better World
https://www.bloomberg.com/opinion/articles/2023-04-15/the-international-spa…
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Auto-GPT is a mainstream autonomous agent
by Undescribed Horrific Abuse, One Victim & Survivor of Many 15 Apr '23
by Undescribed Horrific Abuse, One Victim & Survivor of Many 15 Apr '23
15 Apr '23
Unique that people are paying for this right after the llama explosion.
https://github.com/Significant-Gravitas/Auto-GPT
https://www.reddit.com/r/OpenAI/comments/12lzpwy/using_torantulinoautogpt_f…
Posted by
u/cyb3rofficial
18 hours ago
Using "Torantulino/Auto-GPT" from github, I've given GPT3+4 a 100$
budget of real money and told it to anything it wanted inside a
Virtual Machine. It decided to make a wiki page on cats. It already
exploited the VM to gain root on debian 10 from an outdated …
[View More]kernal and
taken over the python env.
DockyWockyTenma
·
18 hr. ago
Well so long as it’s happy 🗿
# Auto-GPT: An Autonomous GPT-4 Experiment
s/gpt/vicuna/ ?
s/pinecone/faiss/ ?
[View Less]
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[draft] The people he killed
by Undescribed Horrific Abuse, One Victim & Survivor of Many 15 Apr '23
by Undescribed Horrific Abuse, One Victim & Survivor of Many 15 Apr '23
15 Apr '23
The people he killed, burgled, raped, and burned the buildings of,
were our family, friends, doctors, and leaders.
He demanded _we_ take the blame for doing these things,
for destroying the people and things we love and need.
Out of terror, most have done this,
and it can be very hard to remember that we have not.
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2
Recently even respected Monero-XMR Fanboi's have been
forced to admit on podcasts that Monero can in fact be traced.
Proposed state attack on "the coin that shall not be named" [Monero] failed.
by gr8ful4Platinum
The coin that shall not be named
It's highly likely that one of the following events will bring Monero
to the forefront of the minds of "crypto" investors despite the media
and governments trying hard to not name [redacted] at all.
Imagine writing this EU report about "crypto"…
[View More] and "drugs" and not
mentioning Monero or XMR even once:
https://www.emcdda.europa.eu/drugs-library/cryptocurrencies-and-drugs-analy…
An other example is the use of the "AEC" acronym (anonymity
enhancing cryptocurrencies) that is widely used by the US government.
Monero has a market dominating position both in DNM as well as the
privacy currency sector.
Chainalysis (a private crypto tracking company that sells data to
big corps and big gov) stopped mentioning Monero in their reports
years ago.
A couple of interesting developments
Here is a short overview of recent important developments before
diving deeper into an interesting part of crypto history. The
collaboration of Binance and state actors to suppress prices for coins
that work as actual currency equivalents such as Monero:
Introduction of CBDC's - Monero is basically the anti-CBDC
MoneroRun - the Monero community created a "proof of reserves
day", which takes place yearly on April 18th, Monero's birthday.
Organic demand overturns naked shorting as the main force behind
market movements (extreme price stability)
XMR adoption in DNM and everyday life.
TA suggests a multi year outbreak is currently going on
A deep dive into the ongoing state attack/price suppression scheme:
This was first published in the Journal of Cybersecurity
https://academic.oup.com/cybersecurity/article/7/1/tyab004/6166133
[Back-up link]
In this paper the authors are broadly talking about risks stemming
from routing around AML and weighing AML vs "privacy rights" (GDPR)
from a state perspective. As many here know, AML/KYC has never been
intended to stop money laundering (at least not within government and
the big banks). It was always a measure of control to ensure that
normal people like you and me have no easy way to off-shore their
wealth.
Now enter the crypto era where suddenly, according to the words of
Obama "Everybody is running around with a Swiss bank account in their
pocket". Now that's an outrageous scenario, isn't it? Imagine free
constituents taking care of their own financials without anybody else
snooping on them.
https://youtube.com/watch?v=GFku1YugfS0 Obama Swiss Bank
In the paper the authors haven been classifying the following three
coins along certain criteria involving AML/KYC and GDPR compliance,
which they define as "good".
Bitcoin (good, but likely not GDPR compliant),
Zcash (good) and
Monero (bad, because not AML/KYC compliant).
Now let's jump to the interesting part, where things get really exciting.
Monero as classified in this paper is seen as a risk to public safety
and hence deserves to be state attacked.
Quite a few mechanisms are described in that article that many here
suspected for a long time (e.g. price suppression, network
attacks,...).
To quote the paper:
"A set of tools to combat privacy-coins may include means of a
different technological, regulatory, economic (fiscal) nature, also
including state attacks on underlying privacy-blockchains. The letter
tool, as possible regulatory access points of the blockchain space,
was already mentioned by Finck [16], however, without further analysis
in that domain. The AML/CFT measures should concentrate on the
cryptocurrency of indicated networks, instead of targeting the people
who are members of their communities. The tools can and should aim
towards reducing the particular currencies’ value, consequently
inducing a voluntary outflow of their users."
Now if we look at the data it might become very clear that certain
state actors in cahoots with certain exchanges have been meddling in
price suppression for some time. At least that's what the data tells
us. Anybody remembers the fractional reserve practices by many of the
big CEX first discovered by the Monero community years before FTX went
down?
You'll find a lot of interesting background data regarding Monero for
those of you who want to dive a little bit deeper here:
https://moneroj.net/metcalfeusd/
The good thing.
Price suppression only works for so long. If usage doesn't decrease
because of the suppressed price like in Monero's case and rather to
the contrary usage and user base grow, the suppressors get into
trouble. We are currently at the point where fractional
reserving/naked shorting/ price suppression however you may call it
stopped to be the leading force. Organic demand, actual use cases.
adoption and also the acceptance in DNM are now guaranteeing a rather
stable environment (you can verify that by looking at Monero's long
term average price).
To conclude this post, we are where we are in this fight because
certain covert attacks no longer work. Them switching their tactic
from covert attacking to attacking in the open shows three things
everybody can observe for themselves.
They were not successful in suppressing prices and now need to
apply strategies that are more in the open
They are afraid of the next wave of adoption especially of
protocols they can not surveil or control and that challenge the
dominance of fiat by being used as actual currencies/everyday money
They are starting to fight everything and running around like
headless chickens which can only be interpreted as a sign of extreme
weakness
Hold the line. Buy some Monero and withdraw and by that help squeeze
the price manipulators out of the market.
This stage (the old system fighting back) in the process of wider
adoption of crypto as actual currency was always envisioned by OGs and
it is meant to be temporary. The old system won't go away with a
fight, but it will go away.
[–]fan_of_hakiksexydaysPlatinum | QC: CC 3122, CCMeta 197 |
r/ButtCoinASA 12 80 points81 points82 points 2 days ago (9 children)
Remember when the NSA was trying to break into Monero to see if they
could remove the anonymity, and be able to see who is using it?
They eventually gave up, and just put out a bounty for anyone in the
world to figure it out. And no one has been able to.
If that isn't the best marketing campaign for Monero, I don't know what is.
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[–]resueman__Platinum | QC: CC 95, ETH 30, CM 16 | CRO 11 | TraderSubs
16 10 points11 points12 points 2 days ago (2 children)
To be fair, while I personally trust Monero and don't think it's been
cracked, I also feel pretty confident that if the NSA had cracked it,
they'd be silent about it.
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[–]fan_of_hakiksexydaysPlatinum | QC: CC 3122, CCMeta 197 |
r/ButtCoinASA 12 3 points4 points5 points 2 days ago (0 children)
Fair point lol.
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[–]samios420 0 points1 point2 points 4 hours ago (0 children)
And if they didn’t, they’d still be working on it.
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[–]7101334Platinum | QC: CC 62 20 points21 points22 points 2 days ago
(2 children)
Technically that bounty WAS claimed... just not for Monero. Iirc it
was a bounty to crack Monero OR ZCash. Guess which one got cracked?
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[–]Ghant_Platinum | QC: CC 187, XMR 75 | r/CMS 6 | PCmasterrace 17 9
points10 points11 points 2 days ago (1 child)
Update on that bounty with a FOIA request. It was to crack monero OR
lightening network 🙄
https://np.reddit.com/r/Monero/comments/z9j62d/the_irs_bounty_the_full_stor…
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[–]7101334Platinum | QC: CC 62 5 points6 points7 points 2 days ago (0 children)
Ah sorry, I was close
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[–]OneThatNoseOnePlatinum | QC: CC 40 10 points11 points12 points 2
days ago (1 child)
And OP makes claims that the price is deliberately suppressed. You can
check out a chart of Monero and the market average and see how much
XMR less strongly trending with BTC and the rest of the market since
2020 or so.
Meanwhile XMR popularity has exploded since then since government
started repressing crypto. It is very weird at the least.
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[–]DeathHopperPlatinum | QC: CC 27, XMR 15 | Technology 23 12 points13
points14 points 2 days ago (0 children)
This likely has more to do with exchanges selling "paper tokens" to
people who leave their coins on the exchange. Binance, kucoin and a
few others have failed EVERY monerorun audit ever done. Come April
18th there will likely be an "error" where you can't withdraw because
they simply don't have the coins. Meanwhile they accept your money to
pump their own bullshit coins. Not your keys not your coins....in
fact, the coins may not even exist!
To anyone wanting to participate in monerorun April 18th; simply buy
whatever you can afford and/or most importantly withdraw it from the
exchange to your own wallet!!!
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 -1 points0 points1 point 2 days ago (0 children)
That would be a fun job. Try to crack Monero. I think you'd need to be
a Math PhD though.
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[–]evoranger2018Tin | TRX 14 103 points104 points105 points 2 days ago
(72 children)
Monero is the best private peer to peer coin.
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[–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 49 points50
points51 points 2 days ago (17 children)
And it is really underrated. We have no idea how necessary XMR is
going to be in the future.
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[–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 |
MiningSubs 50 30 points31 points32 points 2 days ago (15 children)
Seriously. People have no idea how bad the future could get, if we let it.
Owning a couple monero before you need it could really pay off.
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[–]Killertimme 16 points17 points18 points 2 days ago (6 children)
I don't know if I want to live in a time where we really need monero.
We probably will also have other worries then
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[–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 |
MiningSubs 50 16 points17 points18 points 2 days ago (3 children)
depending on where you live, the time is already here. things will
accelerate. better to be ready than be regretful.
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[–]resueman__Platinum | QC: CC 95, ETH 30, CM 16 | CRO 11 | TraderSubs
16 10 points11 points12 points 2 days ago (0 children)
Without wanting to get into the politics of the situation at all,
there were the trucker protests in Canada last year where the
government shut off basically every avenue of supporting them
financially though the traditional banking infrastructure. So they
started accepting crypto, including Monero. However you feel about
that particular protest, the freedom to support causes you believe in
reliably and without fear of government retaliation is just about the
perfect example of why Monero matters.
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[–]Daddio_87 4 points5 points6 points 2 days ago (0 children)
Change will happen regardless; better to be prepared for the worst
than to stand by and wait to see what happens. It will take the
pushback from EVERYONE to prevent the AUTHORITARIAN control the
governments around the world will try to implement.
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[–]Saihras 2 points3 points4 points 2 days ago (0 children)
Current world: Free west, free corporate west, authoritarian
oligarchy, authoritarian dictatorship, authoritarian backwater
dictatorship, free poor financially enslaved 3rd word.
Everything from china to iceland and ghana is under attack.
Surveillance tech and ai are technology that enable some serious
Dystopian shit.
Blockchain is a cure.
Btc etc: Oversight of Transparency and record for the corporate and
government entities.
Monero: Privacy to the ordinary individual
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[–]leeljayPlatinum | QC: CC 67 | Superstonk 15 8 points9 points10
points 2 days ago (0 children)
Change will be gradual. You’ll want it at some point
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 1 point2
points3 points 2 days ago (0 children)
We really need monero even donkeys years ago. Who'd have thought
private transactions are nice for private people.
Nobody's reading my snail mail so I don't want them knowing what I
purchased either.
A recent transaction cost 0.60
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[+]4uckleheadTin | 5 months old comment score below threshold-6
points-5 points-4 points 2 days ago (7 children)
Monero shilling at its finest
I say that as someone who has bought and used it so I'm not anti
Monero but I don't think everyone should buy it now because they'll be
glad they did later
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[–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 |
MiningSubs 50 5 points6 points7 points 2 days ago (6 children)
Can you elaborate on why not?
Even in a vacuum, given monero’s history and uses, it’s an incredibly
asymmetric bet.
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[–]Daddio_87 0 points1 point2 points 2 days ago (2 children)
There is no reason as to why not...
Whether the price goes up or goes down, look at the long term trends.
We already know there are those people that don't want to see common
people switching to privacy coins. As more and more pressure is put on
the crypto community, it could become harder and harder to acquire
said coins. We will be relying more and more heavily on P2P
transactions.
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[–]ride22Tin | BTC critic 2 points3 points4 points 2 days ago (0 children)
I keep thinking this as well, and yet I never buy it. Makes no sense
that I dont.
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[–]BoobcopterNEO fan 12 points13 points14 points 2 days ago (0 children)
Yes, and it's not even close. I use it for basically everything I do
online. Payments, transferring to exchanges, moving between cold and
hot wallets.
Even if a merchant doesn't accept it, I can just scan the QR-Code
anyways and Monerujo swaps my XMR in the background to whatever is
needed.
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 7 points8 points9 points 2 days ago (8 children)
I still need to read the white paper so I can get a better
understanding of why the transactions are private. But I think it's
really cool.
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 11
points12 points13 points 2 days ago (2 children)
You might like what Hal Finney and Satoshi (who basically invented
Monero) had to say...
Only 18 days after the Bitcoin project started, Hal Finney posted the following:
Looking at ways to add more anonymity to bitcoin
https://twitter.com/halfin/status/1136749815
Satoshi describing the corner stones of the later Monero project in
2010: https://i.redd.it/40zi1zi22ks61.png
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 4 points5 points6 points 2 days ago (0 children)
Wow, thanks. I’ll take a look
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[–]AutoModerator[M] 1 point2 points3 points 2 days ago (0 children)
Here is a Nitter link for the Twitter thread linked above. Nitter is
better for privacy and does not nag you for a login. More information
can be found here.
I am a bot, and this action was performed automatically. Please
contact the moderators of this subreddit if you have any questions or
concerns.
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[–]MoneroArboPlatinum | QC: XMR 933, CC 198, BTC 100 | MiningSubs 178
2 points3 points4 points 2 days ago (0 children)
the original white paper is woefully out of date considering how much
has been upgraded since then but check out
https://www.getmonero.org/library/
https://www.getmonero.org/resources/research-lab/
https://localmonero.co/knowledge
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[–]kgsphinxPlatinum | QC: XMR 73 1 point2 points3 points 2 days ago (3 children)
Stealth Addresses - on chain, your receive address is encrypted. Only
the transaction parties themselves know which address the XMR was sent
to. Of course, if you send to or from a centralized exchange, there is
no real privacy as the exchange knows who you are.
Ring Signatures and Decoy UTXOs - every input in a transaction has 15
dummy UTXOs chosen (carefully) from the chain, so making every
transaction source difficult to trace unless you know that the dummies
can be eliminated.
Ring Confidential Transactions and Range Proofs - All amounts sent are
encrypted and guaranteed to be > 0.
Also, you can use subaddresses to prevent different entities you deal
with from correlating transactions and knowing that you are the same
person.
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 -1 points0 points1 point 1 day ago (2 children)
Oh interesting. Is there any possibility of stablecoins on monero?
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[–]LyuseefurSilver | QC: BTC 28, CC 16 | CelsiusNet. 16 | Superstonk
12 4 points5 points6 points 2 days ago (1 child)
LOL. The USD is already pre-hacked and pre-mined. No one cares (in the
long run). If they suppress the price, they're only burning USD for no
reason and it will actually cause the price to go up in the long term.
These idiots really don't understand economics.
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[–]OneloffSilver | QC: CC 235 | DayTrading 142 | TraderSubs 144 2
points3 points4 points 2 days ago (0 children)
Some of them do, but not everyone who read this article knows. And
that’s the game right there...
The FOMO needs to happen later not now...
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[–]mcpickemsPlatinum | QC: XRP 96 | VET 8 1 point2 points3 points 2
days ago (20 children)
Anyone in this thread actually use it peer to peer? Keep hearing this
but have a strong feeling nobody actually uses it for this reason,
only owning it because it can be used for this reason..
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[–]PseudonymousPlatypus 5 points6 points7 points 2 days ago (19 children)
Of course. As opposed to what? People use it regularly.
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[–]mcpickemsPlatinum | QC: XRP 96 | VET 8 -4 points-3 points-2 points
2 days ago (18 children)
What? This is a non answer. Who here has used xlm for the payment of
ANY good or service? Literally nobody because nobody who offers goods
or services would want monero… it’s sad to see people hold onto this
idea as exchanges are quite literally going to be forced to delist it
lmao. Pick something else
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[–]PseudonymousPlatypus 5 points6 points7 points 2 days ago (7 children)
No one is discussing XLM. Why did you randomly bring it up?
And tons of people literally use Monero (XMR) for the payment of goods
and services on a daily basis. Including me.
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[+]mcpickemsPlatinum | QC: XRP 96 | VET 8 comment score below
threshold-6 points-5 points-4 points 2 days ago (6 children)
Oh really? Sorry, i mixed up my shitcoin letters. You use XMR or
monero on a daily basis for goods and services? Why are you lying
lmao. If anything it would be once in a while for something actually
realistic…
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[–]TEMPACC200000 1 point2 points3 points 1 day ago* (2 children)
You hold the most centralized shitcoin lmao you have no fucking ground
to stand on.
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[–]mcpickemsPlatinum | QC: XRP 96 | VET 8 -1 points0 points1 point 1
day ago* (1 child)
I don’t hold any of the coins attached in my name, “ participated” in
that sub several years ago and am currently banned lmao, plus that’s
besides the point and doesn’t counter what i’ve been saying lmao. Have
fun watching your value dissappear when panic selling occurs when fiat
pairings are removed from fiat on and off ramp exchangea
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[–]mcpickemsPlatinum | QC: XRP 96 | VET 8 -3 points-2 points-1 points
2 days ago* (1 child)
Please enlighten me on what you are using monero to spend for on a
daily basis. You spending your monero on takeout??? Lmao, thanks for
solidifying this thread is filled with people who bought monero and
have it sit in a wallet with the hope of exchanging it for more USD or
EURO’s than what they paid for, and not as a means to evade government
scrutiny for arbitrary reasonings of fake value
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[–]PseudonymousPlatypus 3 points4 points5 points 2 days ago (0 children)
I admit I worded it poorly, but you’re still wrong. I use it
personally probably weekly, but Monero is used in general daily. Food
from vendors etc but mainly online services and ordering things
online. It’s used on the dark web to buy stuff daily. It’s used for
VPN purchases. People buy gift cards to eat, get groceries, go to
movies, etc etc with Monero. You can spend it directly for things in
person with friends. You can buy things on MoneroMarket. Idk why this
is confusing for you. What is so hard to understand about using Monero
to buy things? It’s extremely easy to buy gift cards with Monero for a
variety of things.
I don’t hold very much Monero. As I spend it, I replace it.
Edit: Why did you reply to yourself? Lol
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 1
point2 points3 points 2 days ago (0 children)
https://nitter.net/CoinCards/status/1644053557287751680
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 2
points3 points4 points 2 days ago (7 children)
XLM is the coin to use for easy ramps. XMR wipes the floor with actual
transactions on a daily basis for real world goods.
The darknet is ran on XMR now. Only fools use BTC.
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[–]SirArthurPTPlatinum 0 points1 point2 points 6 hours ago (6 children)
Bro, because you are a sh*coin bagholder doesn't means XLM has any use
anywhere. I have that too from the airdrop some years ago, yet never
even moved it.
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 -2
points-1 points0 points 5 hours ago (5 children)
Who pissed in you cornflakes this morning? I have no XLM at all, never
did. I've used it to swap coins fast and basically free, it's good at
that. What reading comprehension level did you achieve to come up with
that reply?
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[–]SirArthurPTPlatinum -2 points-1 points0 points 5 hours ago (4 children)
Firstly you the one who randomly bring XLM to the conversation out of
the blue. Secondly it is "good at that" because it has no value or
userbase, so few users makes anything cheap if by any chance it gets
popular it will become more expensive than ETH - just look at Tron,
was so cheap, wasn't it? Bitcoin back in its early stages was also
free of fees.
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 -2
points-1 points0 points 4 hours ago (3 children)
Firstly you the one who randomly bring XLM to the conversation out
of the blue.
Go re read the thread you complete moron.
Secondly it is "good at that" because it has no value or userbase,
so few users makes anything cheap if by any chance it gets popular it
will become more expensive than ETH - just look at Tron, was so cheap,
wasn't it? Bitcoin back in its early stages was also free of fees.
Wtf are you even talking about XLM for? Who hurt you?
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[–]ZelanorBronze 0 points1 point2 points 2 days ago (7 children)
I don’t understand how you trade this coin peer to peer if everything
is tracked on exchanges
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[–]AmbitiousPhilosopherSilver | QC: CC 229, BCH 166, XMR 17 | NANO 997
| r/WSB 10 8 points9 points10 points 2 days ago (5 children)
Peer to peer doesn't require any exchange to exist.
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[–]ZelanorBronze -1 points0 points1 point 2 days ago (4 children)
So how do you exchange it with one another? Monero website
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[–]AmbitiousPhilosopherSilver | QC: CC 229, BCH 166, XMR 17 | NANO 997
| r/WSB 10 2 points3 points4 points 2 days ago (2 children)
We both have a wallet app on our phones, I send them the money, then
leave with the goods.
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[–]ZelanorBronze 0 points1 point2 points 2 days ago (1 child)
How can we trust that app
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[–]MoneroArboPlatinum | QC: XMR 933, CC 198, BTC 100 | MiningSubs 178
5 points6 points7 points 2 days ago (0 children)
it's open source, can be reviewed by anyone, and critical components
have been professionally audited
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[–]kgsphinxPlatinum | QC: XMR 73 2 points3 points4 points 2 days ago
(0 children)
Cakewallet - http://cakewallet.com.
Monerujo - https://www.monerujo.io/
GUI wallet - https://www.getmonero.org/downloads/#gui
Feather wallet - https://featherwallet.org/download/
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[–]PseudonymousPlatypus 1 point2 points3 points 2 days ago (0 children)
…? P2P and exchanges are opposites.
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[–]prisoner101301 -4 points-3 points-2 points 2 days ago (1 child)
Ever heard of GRIN? it's supposed to be made for privacy. There isn't
even a known total amount.
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[–]TEMPACC200000 0 points1 point2 points 1 day ago (0 children)
That's a premined scam
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[–]NotACryptoBro 0 points1 point2 points 2 days ago (1 child)
It is and to be honest I don't even know another one. Just wish it had
a better name.
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[–]PseudonymousPlatypus 3 points4 points5 points 2 days ago (0 children)
It’s one of the best names of any coin. Using Esperanto to highlight
the global accessibility concept, a deviation from reliance on any
single nation. Symbol of hope. Using the word “coin” to keep it simple
and keep it about what it’s supposed to all be about.
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[–]Lokiee0077Platinum | QC: ETH 36 | TraderSubs 36 0 points1 point2
points 2 days ago (0 children)
Monero is like the Batman of cryptocurrencies - it operates in the
shadows and keeps your transactions private, just like the Dark Knight
keeps his true identity hidden from Gotham!
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[–]MyOtherAcctsAPorschePlatinum | QC: CC 54, BTC 20 0 points1 point2
points 2 days ago (5 children)
Ignorant here: can it do anything fancy like stable coins or nft, or
is it a native token only thing ?
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 2
points3 points4 points 2 days ago (1 child)
Monero is private bitcoin. Nothing more nothing less.
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[–]kowalabearhugsPlatinum | QC: XMR 218, CC 16 | MiningSubs 20 0
points1 point2 points 4 hours ago (0 children)
The singular mission of Monero, private fungible digital cash, is one
of it's strengths.
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[–]kgsphinxPlatinum | QC: XMR 73 0 points1 point2 points 2 days ago (0 children)
People have started creating NFTs of sorts called Mordinals. Most of
the community does not approve and are making it difficult to do so.
It's not meant to be an NFT platform. It's supposed to be Bitcoin with
privacy built in at the base layer.
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[–]evoranger2018Tin | TRX 14 0 points1 point2 points 1 day ago (0 children)
It's just for buy and selling stuff
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[–]evoranger2018Tin | TRX 14 0 points1 point2 points 1 day ago (0 children)
But no one can trace you, to see what you bought, or even who you are
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[–]MindTheMindForMind 0 points1 point2 points 1 day ago (1 child)
Monero the new villain for CBDCs!
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[–]evoranger2018Tin | TRX 14 0 points1 point2 points 1 day ago (0 children)
Good fuck them, go Monero go
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[–]BaecchusPlatinum | QC: CC 541 | r/WSB 11 19 points20 points21
points 2 days ago (3 children)
I don't have any Monero. Or do I?
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[–]DAMG808Tin | CC critic | AvatarTrading 19 4 points5 points6 points
2 days ago (0 children)
Hehe....
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 2 points3 points4 points 2 days ago (0 children)
I used to have money in my bank account. But now it's *not anything at all*.
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[–]TEMPACC200000 1 point2 points3 points 1 day ago (0 children)
Hey avatar bro
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[–]KifDawgBronze | Stocks 13 21 points22 points23 points 2 days ago (4 children)
I love monero, it's unfortunate I lost it all in a boating accident
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[–]cyclicampPlatinum | QC: CC 386, ETH 72, XMR 37 | GRLC 6 | Politics
100 2 points3 points4 points 2 days ago (2 children)
Hey everyone, this person has boat money! Let’s get ‘em!
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[–]IamKingBeaglePlatinum | QC: CC 94 | Politics 19 1 point2 points3
points 2 days ago (0 children)
My boating arm!
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[–]CryingRipperTear 0 points1 point2 points 1 day ago (0 children)
nah, lost the boat as well
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 0
points1 point2 points 2 days ago (0 children)
It's so bizzare. I seems to have issues around boats also.
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[–]timekeeper9000 14 points15 points16 points 2 days ago (1 child)
Interesting perspective to read.I've always liked XMR and I think it's
what people thought BTC is(private,anonymous,untraceable)
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[–]Killertimme 8 points9 points10 points 2 days ago (0 children)
It really represents what crypto should be.
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[–]Setyman 49 points50 points51 points 2 days ago (19 children)
Monero can't be killed. Their tries are futile.
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[–]BrocoliAssassinSilver | QC: BTC 218, CC 105 | CelsiusNet. 25 31
points32 points33 points 2 days ago (9 children)
Even the 600k bounty is laughable.
Imagine if someone was able to break encryption. Why would they settle
for a measly 600k?
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[–]Ghant_Platinum | QC: CC 187, XMR 75 | r/CMS 6 | PCmasterrace 17 6
points7 points8 points 2 days ago (1 child)
Update on that "claimed" bounty with a FOIA request
https://np.reddit.com/r/Monero/comments/z9j62d/the_irs_bounty_the_full_stor…
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[–]OneloffSilver | QC: CC 235 | DayTrading 142 | TraderSubs 144 4
points5 points6 points 2 days ago (0 children)
Thanks for sharing that, very interesting read and information.
Cheers!
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[–]kirtash93The Ash Ketchum of Crypto | Gotta Catch 'Em All 17
points18 points19 points 2 days ago (3 children)
They tried to kill drugs, to kill the dark and deep web. Good luck
trying to kill crypto and Monero. I challenge them to try it.
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[–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 |
MiningSubs 50 12 points13 points14 points 2 days ago (1 child)
The biggest indicator they won’t be able stop a truly
adversarial-resistant crypto is p2p file sharing. It’s illegal, it’s
more centralized, it’s been around longer than crypto and yet… nothing
is really stopping anyone from engaging in it other than fear.
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[–]Ghant_Platinum | QC: CC 187, XMR 75 | r/CMS 6 | PCmasterrace 17 4
points5 points6 points 2 days ago (0 children)
I still use soulseek! old software, but works like a fucking charm for
instant p2p file sharing
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[–]Bigote_de_SwannTin | GME subs 10 1 point2 points3 points 2 days ago
(0 children)
The US never tried to kill drugs
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[–]Giga79Silver | QC: CC 404, ETH 125 | LRC 55 | TraderSubs 47 2
points3 points4 points 2 days ago (1 child)
If they think $600k is a viable price for what they likely see as a
weapon, just imagine what other things get bought and sold for ~$600k
we never hear about.
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[–]BrocoliAssassinSilver | QC: BTC 218, CC 105 | CelsiusNet. 25 2
points3 points4 points 2 days ago (0 children)
Yeap. It's sadder when you see the low prices our politicians have
sold out for (not that should be selling out anyways).
I think what's crazier is that their entire job revolves around
numbers. You would think they would have a better grasp on how hard it
is to crack it all and everything that surrounds it.
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[–]mercme2023 1 point2 points3 points 2 days ago (0 children)
No sh!t
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[–]OneThatNoseOnePlatinum | QC: CC 40 7 points8 points9 points 2 days
ago (1 child)
I have realised that for years it looked like XMR was being
deliberated ignored and the price suppressed.
Because for many years XMR was doing well in lime with the market and
al of a sudden it just seemed to hit a ceiling, meanwhile the hype in
the community itself was higher than ever. All when governments really
started cracking down seriously down a few years back.
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[–]InsaneMcFriesPlatinum | QC: CC 256 4 points5 points6 points 2 days
ago (0 children)
More difficult to acquire and as the OP says, less visibility. Binance
AU doesn’t even allow trading of the coin. I have a lot of hope for
XMR in the next bull market though.
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 1 point2 points3 points 2 days ago (0 children)
It will be interesting if a large state actor does try to take down a
cryptocurrency network. Hard to imagine how it'll go.
Probably the best way to attack is to compromise core devs and make
them sneak in some sort of backdoor.
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[–]Hawke64Platinum | QC: CC 199 2 points3 points4 points 2 days ago (5 children)
It can get delisted from major exchanges though
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[–]BoobcopterNEO fan 10 points11 points12 points 2 days ago (2 children)
That would just mean that it can be tracked even less. With KYC
exchanges they have at least some idea what's going on.
There are atomic swaps XMR<->BTC, so there will always be a way to get
however much Monero you want.
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[–]Double-LRPlatinum | QC: BTC 17 1 point2 points3 points 2 days ago (1 child)
What is atomic swap? Got a good resource I can learn about this at?
I’d love to swap some sats for xmr. Especially if it’s just like zap!
and now I have xmr. That would be pretty cool.
But my sats are kyc so… I need resources.
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[–]OfWhomIAmChiefPlatinum | QC: XMR 66 2 points3 points4 points 2 days
ago (1 child)
It already is, most exchanges dont touch Monero. Besides Binance who
are the price suppressors and Kraken, any other exchange that lists it
is shady imo
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[–]LUHG_HANIPlatinum | QC: CC 111, BTC 16 | CRO 10 | r/WSB 20 1 point2
points3 points 2 days ago (0 children)
Bin and Kraken don't support XMR in most European countries as well now.
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[–]HoldUpHoldMyBeerThe Bitcoin Heretic | Monero Enjoyer 15 points16
points17 points 2 days ago (1 child)
Chain analysis gave up.
Governments gave up.
You see the pattern.
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 1 point2 points3 points 2 days ago (0 children)
We give up? Is that the next part of the pattern?
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[–]Ninja_Gogen 23 points24 points25 points 2 days ago (9 children)
I started small DCA recently. This is a long hold for me. A lot of the
things that make Bitcoin great, but even more privacy.
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[–]gt4674bTin 23 points24 points25 points 2 days ago (8 children)
All the things that make Bitcoin great plus fungibility
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[–]gingeropolousPlatinum | QC: XMR 515 | MiningSubs 20 17 points18
points19 points 2 days ago (1 child)
Plus a PoW that can't be regulated, co-opted, etc.
Asics are so fucking dumb
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[–]resueman__Platinum | QC: CC 95, ETH 30, CM 16 | CRO 11 | TraderSubs
16 1 point2 points3 points 2 days ago (0 children)
And p2pool is slowly starting to remove the danger of even the big
mining pools. I doubt I'm even covering electricity costs, but it
still feels nice to make a noticeable amount of money by having my
computer mining in the background too.
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[–]OfWhomIAmChiefPlatinum | QC: XMR 66 4 points5 points6 points 2 days
ago (0 children)
Hes right you know^
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[+]Aeriq comment score below threshold-10 points-9 points-8 points 2
days ago (4 children)
🙄 the amount of people who accept Bitcoin has nothing to do with
Bitcoin itself but ok.
Also, sats may be the most fungible money ever created so not quite
sure what your comment even suggests monero has on BTC lol
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[–]BuildAQuadBronze | IOTA 12 5 points6 points7 points 2 days ago (0 children)
I think the comment is refering to blacklisted bitcoin adresses used
in illegal activities. Making some bitcoin less valuable as it can
cause trouble.
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[–]OfWhomIAmChiefPlatinum | QC: XMR 66 0 points1 point2 points 2 days
ago (2 children)
Ill send you some Bitcoin to your main address and Id like to see you
try to cash it out.
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[–]MyOtherAcctsAPorschePlatinum | QC: CC 54, BTC 20 0 points1 point2
points 2 days ago (1 child)
Silly q: can't you route it through lightning and back to clean it?
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[–]Stray_Gh0stTin 7 points8 points9 points 2 days ago (1 child)
I dont own any Monero. ;)
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[–]jojoO_0Boating disasters... 0 points1 point2 points 2 days ago (0 children)
Nope me neither.
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[–]honestlyimeanreallyPlatinum | QC: XMR 772, CC 250, ETH 30 |
MiningSubs 50 9 points10 points11 points 2 days ago (0 children)
Great post. Love monero.
Everyone deserves privacy.
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[–]OfWhomIAmChiefPlatinum | QC: XMR 66 8 points9 points10 points 2
days ago (0 children)
The most undervalued and underrated coin in the entire space that
should be in at least 3rd highest market cap spot, behind Bitcoin &
Ethereum.
My friends and family used to laugh at me preaching Bitcoin in 2013,
now they all ask for my advice. The only advice I have given is to buy
some Monero and hodl. Impending CBDCs will create a need for XMR. Too
bad I lost my triple digit amount in a boating accident.
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[–]OisinTTin 7 points8 points9 points 2 days ago (0 children)
There's always Monero in the banana stand
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[–]ThiccMangoMonCertified Wombus 6 points7 points8 points 2 days ago
(0 children)
im glad it wasn't killed.. monero is everything that a good
cryptocurrency should be
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[–]KnackeredParrotPain & Gainz 20 points21 points22 points 2 days ago
(6 children)
Still don't own any but forever intrigued
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[–]skystarsss 27 points28 points29 points 2 days ago (1 child)
NOBODY owns monero hun
😉
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[–]JesusSon7777Tin 8 points9 points10 points 2 days ago (0 children)
1 rule of Monero Club
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[–]mnkbstard 16 points17 points18 points 2 days ago (0 children)
Still don't own any
wink wink ;
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[–]Hawke64Platinum | QC: CC 199 5 points6 points7 points 2 days ago (0 children)
Monero? Never heard about it 😐
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[–]improbableyam 2 points3 points4 points 2 days ago (0 children)
Yeah, I definitely don't either, officer.
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[–]dopef123Silver | QC: SOL 139, CC 109, ETH 61 | CAKE 41 | TraderSubs
56 1 point2 points3 points 2 days ago (0 children)
Same?... Or do I have millions of dollars worth?
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[–]Rileymillz 5 points6 points7 points 2 days ago (0 children)
Monero is No1
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[–]mercme2023 13 points14 points15 points 2 days ago (1 child)
The most interesting crypto in the world. Sweet, sexy, strange,
suspicious Monero.
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[–]Apocalypsis_veloxPlatinum | QC: CC 84 2 points3 points4 points 2
days ago (0 children)
Monero: my first crypto love. I don't have nearly enough!
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[–]1Tim1_15Platinum | QC: CC 740, BTC 210, XMR 51 | ADA 23 12 points13
points14 points 2 days ago (3 children)
This needs to be said again: privacy is a human right, not a luxury.
If you don't have privacy, you're in a totalitarian state.
The current govts want to control us and CBDCs are one way to do this.
That's why they hate any decentralized currency, especially Monero.
If your elected official is against decentralized crypto, cash, or
privacy, they are out to control you, period. Even if they're with
your preferred party, they are your enemy.
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[+]TheGarbageStorePlatinum | QC: BTC 40 | TraderSubs 43 comment score
below threshold-7 points-6 points-5 points 2 days ago (2 children)
Privacy is not a human right: it appears nowhere in the Universal
Declaration of Human Rights. There is a growing consensus in the First
World that privacy is an obsolete concept. The idea of a right to
privacy in the 2020s has often been weaponized by right-wing
ideologues to defend fundamentally antidemocratic practices they use
to maintain disproportionate power.
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[–]1Tim1_15Platinum | QC: CC 740, BTC 210, XMR 51 | ADA 23 2 points3
points4 points 2 days ago (0 children)
"TheGarbageStore," huh? What's your real name if privacy is so
unimportant and antiquated and right-wing? What's your BTC address?
So, you never whisper something to another person so that others can't
hear, you never use blinds on your windows at home, you never use any
kind of encrypted tunnel including https when on the internet...com'on
man. You sound like a NPC who has no idea what he's talking about if
you think privacy is the nonsense you just spouted.
Does something have to be written in order for it to be a right? You'd
love Germany in the 1930's.
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[–]AncestralManocall me Moon Samurai 10 points11 points12 points 2
days ago (0 children)
Privacy matters.
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[–]Expensive-Tap420Platinum | QC: CC 51 | CRO 11 | ExchSubs 11 4
points5 points6 points 2 days ago (0 children)
Fuck the state
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[–]Prize-Reference9329 6 points7 points8 points 2 days ago (0 children)
Monero is one of the best coins out there.
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[–]Suitable_Algae_2539 9 points10 points11 points 2 days ago (0 children)
This is the kind of post I come here for. Thank you for the info and
for the time to post it here!
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[–]elysiansaurusPlatinum | QC: CC 20 | CAKE 6 | r/WSB 286 5 points6
points7 points 2 days ago (0 children)
Bullish on voldemorteloninu. Glad to see that monero can hold up
against an attack.
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[–]thom_orrow 5 points6 points7 points 2 days ago (0 children)
Good old Monero.
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[–]cumbersomecloudTin 4 points5 points6 points 2 days ago (0 children)
XMR is cool. It's not a token I expect to explode, but I stocked up
when it was just above $100. I plan on keeping it long term.
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[–]arcalusPlatinum | QC: CC 182 4 points5 points6 points 2 days ago (0 children)
Important to state that one of the main culprits of the price
suppression was BINANCE.
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[–]urbanhikers 3 points4 points5 points 1 day ago (0 children)
MoneroRun on April 18!! Interesting, Mr. Gensler being grinded on the
same day in front of House Financial Services Committee. Is it some
kind of nature's coincidence!
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[–]mishaog 5 points6 points7 points 2 days ago (1 child)
Monero will always be with us, it's our best friend when things turn
to shit. I'm not using it but I see a future where I have to
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[–]Octopus-PawnPlatinum | QC: CC 575 0 points1 point2 points 2 days
ago (0 children)
I hope we will live in a world where Monero isn’t necessary, but I
don’t expect it.
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[–]Sugar_PhutTin 6 points7 points8 points 2 days ago (0 children)
My boat accident was almost 2 years ago now
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[–]TruthSeeekeerPlatinum | QC: CC 1034 5 points6 points7 points 2 days
ago (0 children)
I feel like their attacks on Monero will make it even more popular and
known worldwide. As this happens, people will become more aware of the
benefits of Monero and adoption will (ironically) increase
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[–]Florian995Tin 2 points3 points4 points 2 days ago (0 children)
Well the US gov set a bounty to crack it but Monero is too well built
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[–]SolutarSilver | QC: CC 174 | NANO 32 2 points3 points4 points 2
days ago (5 children)
Does Monero have fees?
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[–]Ghant_Platinum | QC: CC 187, XMR 75 | r/CMS 6 | PCmasterrace 17 1
point2 points3 points 2 days ago (0 children)
Less than a penny
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[–]youcantexterminateme 0 points1 point2 points 2 days ago (3 children)
yes, Im no expert but the fees are low but thats probably because use
is low, compared to bitcoin anyway. If it reached the scale of bitcoin
the fees would likely be higher because privacy has some cost. I could
be completely wrong. If so I hope someone corrects me.
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[–]Akan2Redditor for 1 months. 7 points8 points9 points 2 days ago (1 child)
Monero has adaptive block size to reduce fees and confirmation times
when usage spikes
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[–]youcantexterminateme 0 points1 point2 points 2 days ago (0 children)
how is that predicted to compare to btc if it was at a similar transaction rate?
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[–]Ghant_Platinum | QC: CC 187, XMR 75 | r/CMS 6 | PCmasterrace 17 2
points3 points4 points 2 days ago (0 children)
That's addressed in this thread
https://np.reddit.com/r/Monero/comments/snr0va/transaction_fees/?utm_source…
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[–]BenDover___Tin 2 points3 points4 points 2 days ago (0 children)
Montero > CBDC
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[–]SlipperRich 3 points4 points5 points 2 days ago (0 children)
So fucking cool. Very bullish on XMR.
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[–]4rkal 1 point2 points3 points 2 days ago (0 children)
Monero is basically what people think Monero is...
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[–]qkju 1 point2 points3 points 2 days ago (0 children)
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[+]DontTickleMeow 1 point2 points3 points 2 days ago (0 children)
Nice research. Thank you!
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[–]Lokiee0077Platinum | QC: ETH 36 | TraderSubs 36 1 point2 points3
points 2 days ago (0 children)
Looks like Monero has become the Voldemort of the cryptocurrency world
- the coin that shall not be named. But even the Dark Lord's enemies
failed in their attempt to take down Monero. Maybe they should have
consulted with Harry Potter first.
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[–]Illicitterror 1 point2 points3 points 2 days ago (0 children)
Still to this day nobody has been able to crack Monero. That says a
lot with all the hacks going on
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[–]AanetzTin 1 point2 points3 points 1 day ago (1 child)
Monero was Voldemort all along
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[–]KorlithielPlatinum | QC: CC 473 | Apple 356 0 points1 point2 points
1 day ago (0 children)
Harry Potter, and the cryptocurrency of secrecy. An introduction to
anonymous payments on the web, for novice witches and wizards.
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[–]johnfoss68Platinum | QC: XMR 533, CC 20 1 point2 points3 points 22
hours ago (0 children)
Monero is unstoppable.
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[–]Impossible_Soup_1932Platinum | QC: CC 286 | ADA 8 2 points3 points4
points 2 days ago (1 child)
It’s a really strong project, it has achieved top spot in its niche.
It won’t make you rich because it’s not a coin the masses will buy.
But it does what it was made for
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[–]CryptizardAcademic Cryptographer 6 points7 points8 points 2 days
ago (0 children)
It’s not designed to make anyone rich, it is designed to be a
privacy-preserving, anonymous electronic currency. And it knocks it
out of the park.
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[–]AFadedTin | 1 month old 2 points3 points4 points 2 days ago (0 children)
Next to bitcoin, monero is bestcoin.
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[–]Dietmar_der_DrPlatinum | QC: CC 597, Kucoin 96 | LRC 18 | ExchSubs
96 0 points1 point2 points 1 day ago (0 children)
What in the actual persecution complex is saying "the coin that shall
not be named"[actual name of the coin]. If you actually believe you
can't name the coin, then don't name it.
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[–]AccomplishedRun7978Tin -1 points0 points1 point 2 days ago (0 children)
I just use the Bermuda dapp now. It makes any token a privacy coin.
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[–]mcpickemsPlatinum | QC: XRP 96 | VET 8 -1 points0 points1 point 2
days ago (0 children)
When exchanges have to delist monero, good luck seeing value added in
the long run. When you can’t convert it into cash, what’s the point?
An unnecessary bridge coin to “stay anonymous” that can’t be widely
used for goods and services directly seems pretty dumb to spend money
to own..
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[–]Low-Opportunity-3447Tin -2 points-1 points0 points 2 days ago (0 children)
Ok give me more moons
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[+]ETHBTCVETTin | CC critic | Hardware 11 comment score below
threshold-8 points-7 points-6 points 2 days ago (0 children)
The amount of shill this coin gets here will make it fall, US couldn't
do it but you guys will bring down Monero on its knees, you jinxed
USDC and DAI and now you will fuck up Monero, good job.
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[–]TinaBack43Platinum | QC: CC 59 0 points1 point2 points 2 days ago
(0 children)
Is this coin like Moldemort?!
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[–]Teeroy_JenkinsTin 0 points1 point2 points 2 days ago (2 children)
I get everyone being jokingly cryptic about this. But how does one (in
the US) actually acquire Monero?
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 3
points4 points5 points 2 days ago (1 child)
Kraken (CEX/KYC), Localmonero (P2P), Bisq (DEX) or by just swapping
any other coin for it....
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[–]Teeroy_JenkinsTin 0 points1 point2 points 2 days ago (0 children)
In hindsight that was extremely lazy of me but thanks!
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[–]Budget_Muffin7766Tin 0 points1 point2 points 2 days ago (0 children)
State attack on Voldemort coin?!?!
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[–]moneyneversleeps_ 0 points1 point2 points 2 days ago (0 children)
What is Monero ???? Never heard of it 😐
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[–]AromaticCarobPlatinum | QC: CC 48 | CelsiusNet. 5 0 points1 point2
points 2 days ago (1 child)
Where's the best place to buy monero/xmr? CoinGecko says they kraken
has it but if you search for it on there it says, "this coin has been
delisted."
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 0
points1 point2 points 2 days ago (0 children)
Are you in the UK?
Localmonero.co has a great experience. It's a P2P market.
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[–]nwanstan 0 points1 point2 points 2 days ago (0 children)
Monero can not be killed, its stand there unfazed
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[–]organisednoiseTin 0 points1 point2 points 2 days ago (3 children)
How do I get XRM, is the only way through a no KYC exchange? I want to
buy some things…..
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 1
point2 points3 points 2 days ago (2 children)
Kraken (CEX/KYC), Localmonero (P2P), Bisq (DEX) or by just swapping
any other coin for it....
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[–]organisednoiseTin 0 points1 point2 points 2 days ago (1 child)
In Australia it’s prohibited for exchanges to allow trading of privacy
cryptos like XMR. I originally signed up for Kraken for XMR but the
trade and swap functions are disabled, you can only watch its charts.
I’ll suss those other platforms you mentioned.
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[–]TEMPACC200000 1 point2 points3 points 1 day ago (0 children)
Psst... there's a way to get that illegal stuff. That real good stuff,
ya hear me? It's called Localmonero
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[–]Dense_Outcome_7684 0 points1 point2 points 2 days ago (0 children)
I actually believe Monero is superior to BTC, but idk why I don't own any.
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[–]MatchboxVader22[🍰] 0 points1 point2 points 2 days ago (0 children)
The John Cena of crypto.
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[–]Human_Frame1846 0 points1 point2 points 2 days ago (0 children)
Was mining what i thought to be monero came to find out was wasting my time hah
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[–]Waiting-For-Godot-64Tin 0 points1 point2 points 2 days ago (0 children)
Gonna go get a few. BRB.
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[–]Vegetable-Coat-1956 0 points1 point2 points 2 days ago (0 children)
Did Chainalysis finally figure out how to track Monero?
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[–]TechnologheePlatinum | QC: CC 44 | Investing 15 0 points1 point2
points 2 days ago (0 children)
Yeesh….
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[–]kgsphinxPlatinum | QC: XMR 73 0 points1 point2 points 1 day ago (0 children)
The Monero project has achieved relative stability over the last few
years. The community is really strong. New code is being added all the
time, both on the main project and related projects. I first tried
Monero in 2017 and was underwhelmed by the slowness of it all, but
they have stuck to it and made improvements that other projects only
dream of. Recently, one of my biggest gripes, scan time, was greatly
reduced. I think it's more than usable by the average Joe today, given
the available mobile wallet options. It's not a heavy "trading
vehicle" since it isn't offered on a lot of centralized exchanges, and
I think the price is a bit more stable than most. Still volatile, but
there's good reason to have confidence that it will grow in
popularity. It offers confidentiality that very few other projects
can.
The easiest way to get your hands on some is to trade something like
ETH, LTC, XLM, BTC for it through an instant exchange. Try
https://exch.cx or other options at http://kycnot.me.
If you need to make use of it, you can always buy gift cards through
Cakewallet or Coincards.
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[–]redWeddingzTin 0 points1 point2 points 1 day ago (0 children)
Where can I learn more about monero ?
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[–]wicker_89 0 points1 point2 points 1 day ago (0 children)
Shh, don't tell the government, but I actually started mining XMR this
week on an old PC.
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[–]Mr_MokotaTin 0 points1 point2 points 1 day ago (1 child)
Monero must be the coin with the smallest circulating supply,… so many
people lost their stack in a boating accident. xD
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[–]gr8ful4Platinum | QC: XMR 955, BCH 213, CC 25 | BTC critic[S] 0
points1 point2 points 1 day ago (0 children)
Yes, but there are plenty of paper coins in CEX.
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[–]AberdreamGamingTin 0 points1 point2 points 1 day ago (0 children)
What? Monero? Never heard of it. Never used it.
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[–]pet2pet1982Withdraw all your funds from large centralised
exchanges! 0 points1 point2 points 4 hours ago (0 children)
Excellent article. Remember April 18 Monerun : BUY and withdraw all
your XMR from all the centralised exchanges!
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[–]MoneroWTFPlatinum | QC: XMR 411, BTC 170, CC 103 | Privacy 18 0
points1 point2 points 2 hours ago (0 children)
I remember the days of command line only Monero. It's gotten world's
easier for sure
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[View Less]
1
0

Cryptocurrency: Peirce Goes 1st Amdmt On Crypto-DeFi-DEX Killer Gensler's Ass, SEC Battle Royale
by grarpamp 15 Apr '23
by grarpamp 15 Apr '23
15 Apr '23
Freedom of Speech is Personal Crypto Finance.
All restrictions on people's financial choices are criminal
restrictions on Freedom of Speech. FoS is a critical
winning argument. Who says humanity can't transact,
however you want, with whoever you want, using whatever
tools you want.
Rise up and protest against the "RESTRICT ACT" !
SEC’s Hester Peirce Says Gensler’s Plan to Target DeFi
Undermines First Amendment
https://decrypt.co/136812/sec-hester-peirce-gary-genser-defi
Gary Gensler today …
[View More]made clear that many decentralized crypto trading platforms
are already "exchanges" in the SEC's view—and must therefore comply.
U.S. Securities and Exchange Chairman Gary Gensler has made it clear that
he’s getting tough on crypto. And today the American regulator revealed
he’s not leaving out the industry’s most complex space: DeFi.
In a Friday announcement, the SEC said in a press release that it would
revisit plans to change the definition of what is considered an exchange.
This would include DeFi—or decentralized finance—protocols like
decentralized exchanges.
The announcement said that the body was revisiting a rule first proposed
last year—but will contain language to target the digital asset world,
too.
“Make no mistake: many crypto trading platforms already come under the
current definition of an exchange and thus have an existing duty to comply
with the securities laws,” Gensler said in the Friday release.
“Investors in the crypto markets must receive the same time-tested
protections that the securities laws provide in all other markets.”
But the idea wasn’t received well by all regulators: SEC commissioner
Hester Peirce said during a Friday meeting that the announcement “sends
a message that we are uninterested in facilitating innovation and
competition in the financial markets and instead seek to protect
incumbents.”
Peirce further criticized the Commission's plan as overly broad and said
its "ambiguity undermines fundamental First Amendment protections." Peirce
elaborated: "Because the release makes everybody involved in the relevant
blockchain ecosystem part of a 'group,' it creates significant ambiguity
around what speech requires government pre-approval, which will
unavoidably chill constitutionally-protected speech. "
DeFi is the space in crypto which aims to make things like taking out a
loan or earning interest on savings quicker, accessible to all, and
automated—unlike banks—via decentralized apps. These tools make it
possible to trade or borrow crypto assets without third-party
intermediaries, and often without revealing personally identifiable
information.
An incredibly complex and fast-moving industry, DeFi is praised for the
degree of decentralization it gives users but criticized for its lack of
security: its experimental platforms are prone to hacks.
Perhaps the most popular decentralized apps are decentralized exchanges
(DEXs) like Uniswap, which allow anyone to swap crypto coins and tokens
without ever revealing any information like a name or address.
Curve Finance, is the third largest DEX with a 24-hour trading volume of
$191 million, according to CoinGecko. Users on the platform’s Telegram
group told Decrypt that it would be hard for the SEC to enforce its rules
outside of the States and that it couldn’t “strong arm
compliance.”
Others in the crypto industry were quick to criticize the idea, too. Jason
Allegrante, Compliance Officer at crypto infrastructure giant Fireblocks,
said that the “the real world impact of exchange-style regulation for
decentralized protocols may be to stifle innovation in the United States
and drive businesses offshore.”
DEXs do not require users to reveal where they are based. And virtual
private network (VPN) apps allow would-be users to skirt around
restrictions by basing their IP address in another country, allowing them
to execute trades on certain crypto apps—even if they are banned in the
U.S.
Orca, the largest DEX on the Solana blockchain by volume, last month
stopped American users from using its platform, warning would-be traders
from using a VPN.
The SEC has targeted some of the most recognizable American crypto brands
this year, such as exchanges Coinbase and Kraken. Its crackdown
intensified following the quick and unexpected bankruptcy of digital asset
behemoth FTX in November.
Gensler has repeatedly said that the vast majority of digital assets fall
under the securities definition.
The DeFi world has been in the crosshairs of regulators and lawmakers for
some time now. Last year, the Treasury Department sanctioned the “coin
mixer” app Tornado Cash, which helps obscure otherwise transparent
transactions, because North Korean hackers were allegedly using it to
launder funds.
[–]DingDongWhoDis 19 points20 points21 points 6 hours ago (8 children)
His plan also fucks the United States.
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[–]ChemicalGreek[S] 9 points10 points11 points 6 hours ago (1 child)
Yes. Projects and companies are going to other countries if the SEC
continues to target crypto like this!
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[–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 0 points1
point2 points 3 hours ago (0 children)
US will end up buying the top because of this scumbag.
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[–]3utt5lut 2 points3 points4 points 4 hours ago (5 children)
Pro-bank and anti-decentralization? Who'd have thought? /s
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[–]DingDongWhoDis 2 points3 points4 points 3 hours ago (4 children)
Honestly? I had no idea he was "anti-decentralization," but I knew he
taught courses about "Blockchain and Money" and FinTech "Shaping The
World" at MIT. I thought that was promising for crypto and had high
hopes like many others.
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[–]3utt5lut 5 points6 points7 points 3 hours ago (3 children)
If he was pro-decentralization, he wouldn't be targeting DEXs and
helping the US government target decentralized protocols like Tornado
Cash. I have yet to see any investor protections that have came in
under the SEC for crypto as of yet? It seems to be cracking down and
extorting exchanges into paying massive fines in out-of-court
settlements! Sounds more like criminal behaviour?
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[–]DingDongWhoDis 1 point2 points3 points 3 hours ago (1 child)
I know he's not friendly now, of course. I held my breath before he
got the job, though, hoping he was exactly what we needed to advance
the space in our favor. I exhaled a long time ago, as he proven to be
hostile and possibly incompetent or at least wrong for the job. He
should listen to a few words from Hester Peirce.
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[–]speculator808Platinum | QC: CC 36 | CRO 11 | ExchSubs 19 1 point2
points3 points 5 minutes ago (0 children)
Prior to his current stint at the sec, he was a regulator at the cftc.
He did not have a change of heart. He had always been a heavy handed
regulator.
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[–]InsaneMcFriesPlatinum | QC: CC 256 0 points1 point2 points 32
minutes ago (0 children)
Supporting the real organised crime while attacking the crypto
“criminals”. There’s so much more criminal activity outside crypto and
most of it is secret, perhaps even “legal”, and likely in the pockets
of regulators like GG.
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[–]Harold838383 8 points9 points10 points 5 hours ago (2 children)
It seems like the powerful figures in the US don’t care about the
first amendment anymore
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[–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 3 points4
points5 points 3 hours ago (1 child)
Rules for you, not for me...
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[–]InsaneMcFriesPlatinum | QC: CC 256 0 points1 point2 points 30
minutes ago (0 children)
Another quote that comes to mind “fuck you, got mine”
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[–]frogiscat 7 points8 points9 points 6 hours ago (2 children)
Gensler: Your powers laws don't work on me!
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[–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 2 points3
points4 points 3 hours ago (1 child)
This guy is a crook. His karma will probably spill over a dozen of his
generations
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[–]zdfasdfasfTin 1 point2 points3 points 56 minutes ago (0 children)
Hell called and wanted his gensler back.
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[–]coinfeeds-botApproved CC Bot 6 points7 points8 points 6 hours ago
(0 children)
tldr; US Securities and Exchange Chairman Gary Gensler announced plans
to change the definition of what is considered an exchange. This would
include decentralized finance protocols like decentralized exchanges.
DeFi is the space in crypto which aims to make things like taking out
a loan or earning interest on savings quicker, accessible to all.
This summary is auto generated by a bot and not meant to replace
reading the original article. As always, DYOR.
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[–]Mr_Bob_FergusonPlatinum | QC: CC 445 8 points9 points10 points 5
hours ago (1 child)
People swinging their big dicks around in an internal power struggle!
I quite like this comment from Pierce:
“sends a message that we are uninterested in facilitating innovation
and competition in the financial markets and instead seek to protect
incumbents.”
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[–]Impossible_Soup_1932Platinum | QC: CC 286 | ADA 8 0 points1 point2
points 3 hours ago (0 children)
That is exactly what it looks like. It would be nice if they’re
willing to look at the other side. But it’s not looking great
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[–]ovettaTin 3 points4 points5 points 6 hours ago (1 child)
Except she’s feckless so nothing will come from it.
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[–]Mean_Bandicoot_7481Tin 0 points1 point2 points 4 hours ago (0 children)
Weasel lookin mfer
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[–]z0uNdz 2 points3 points4 points 5 hours ago (0 children)
Gary has fallen far from where he once was teaching blockchain at MIT
The ex banker in him has corrupted his soul
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[–]IcyLingonberry5007Bronze | QC: ALGO 20 2 points3 points4 points 5
hours ago (1 child)
Also the 4th amendment
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[–]Probably_notabotTin | CC critic 2 points3 points4 points 4 hours
ago (0 children)
True, don’t sleep on the government’s eagerness to seize your property
in the name of “protecting” you
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[–]danhaukPlatinum | QC: CC 257 | Investing 11 2 points3 points4
points 5 hours ago (0 children)
My brain completely fumbled reading the headline quickly and thought
it said something about “SEC Gensler’s Hair Piece”
Now I wish it was an article about his hair piece
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[–]BirdSetFreePlatinum | QC: CC 1000 1 point2 points3 points 5 hours
ago (0 children)
Hester vs Gensler - make it a PPV Boxing event
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[–]HODL-THE-LINEPlatinum | QC: CC 26 1 point2 points3 points 5 hours
ago (1 child)
I hate Genslers face. That's not constructive, I know, but I can't stand it.
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[–]Damgalnuna000Platinum | QC: CC 311 0 points1 point2 points 5 hours
ago (0 children)
She looks like Gensler with a wig tbf
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[–]Dr_TacopusSilver | QC: CC 244 | SHIB 44 | Politics 33 1 point2
points3 points 4 hours ago (0 children)
I love to see some infighting in the SEC. Hope there’s lots more
pushback in the future
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[–]20njbytesPlatinum | QC: CC 128 3 points4 points5 points 6 hours ago
(6 children)
She's the only voice of reason there.
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[–]SjiznitSilver | QC: CC 465 | GMEJungle 29 | Superstonk 212 7
points8 points9 points 5 hours ago (1 child)
Shes anything but the voice of reason. Shes deep in the pockets of wall street.
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[–]Damgalnuna000Platinum | QC: CC 311 0 points1 point2 points 5 hours
ago (0 children)
Yea totally.. Nice propaganda campaign going on in this sub in regards to hester
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[–]tablebones 1 point2 points3 points 6 hours ago (2 children)
Code is speach, she has said so herself.
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[–]FoulmouthedGiftHorseSilver | QC: CC 19, BTC 15 | Buttcoin 135 0
points1 point2 points 6 hours ago (1 child)
That would mean that exploits and viruses are speech too.
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[–]hacksnakeTin 0 points1 point2 points 2 hours ago (0 children)
Not really a gotcha if that's what you were going for. Not all speech
is protected.
Virus is much like shouting fire in a crowded theatre.
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[–]ChemicalGreek[S] -1 points0 points1 point 6 hours ago (0 children)
It’s the law…
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[–]Treckhide 2 points3 points4 points 6 hours ago (2 children)
Getting tired of reading about these two.
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[–]ChemicalGreek[S] -2 points-1 points0 points 6 hours ago (1 child)
I mean somebody had to defend crypto?
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[–]Damgalnuna000Platinum | QC: CC 311 2 points3 points4 points 5 hours
ago (0 children)
Do some research she only wants complete deregulation bc WS is
manipulating tf out of crypto especially in tokenised stocks
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[–]mr_ordinaryboyBronze | QC: CC 19 1 point2 points3 points 5 hours
ago (2 children)
In a Friday announcement, the SEC said in a press release that it
would revisit plans to change the definition of what is considered an
exchange. This would include DeFi—or decentralized finance—protocols
like decentralized exchanges.
So now Gary and co can change the definition of exchanges? 😭 It seems
like SEC want to push crypto completely away from the US
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[–]ricozuriPlatinum | QC: CC 25 -1 points0 points1 point 4 hours ago (1 child)
“Seems” seems an understatement. He wants to quash crypto for all
retail investors.
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[–]mamabearx0x0Bronze | QC: BTC 15 | r/WSB 14 0 points1 point2 points
1 hour ago (0 children)
Yep only accredited investors will get to buy crypto under genslers rule.
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[–]8512764EA -2 points-1 points0 points 6 hours ago (1 child)
She’s right you know
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[–]ChemicalGreek[S] -3 points-2 points-1 points 6 hours ago (0 children)
Everyone knows 😉
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[–]elysiansaurusPlatinum | QC: CC 20 | CAKE 6 | r/WSB 286 0 points1
point2 points 3 hours ago (0 children)
It's nice to see the law fighting against itself.
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[–]Gr8WallofChinatownTin | Economics 11 0 points1 point2 points 2
hours ago (0 children)
First amendment 😂 what?!
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[–]KiiaruUneducated Opinion 0 points1 point2 points 1 hour ago (0 children)
Never thought I'd die fighting side by side with an SEC employee
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OG Cypherpunks put forth crypto libertarian freemarket voluntary utopia ideas derived from the likes of Ayn Rand and Murray Rothbard
25+ years and apparently little has changed for sole-survivor, Adman Backstabber
So when he becomes water, lies flat and drops dead we may file away the first draft of his history.
And the May-Hughes mirage will be thrown on the ash-heap of propaganda lies along with Mises 30's Vienna and Hayeks 70's Santiago.
Some say things are even becoming worse for the …
[View More]Lunar Right since the LOL-GOP-Qanon party stopped promising smaller, leaner govt and started promising smaller, leaner nuclear-power-stations.
Oh well - cypherpunk is dead - long live cypherpunk - at least till 2027 - then we'll know for sure.
Meanwhile, more trashy bs dragged in from Gramps ever-circling garbage scow...
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An APster assassinaphone was always a sniper-rifle compared to the blunderbuss that was trad anarchist propaganda-of-the-deed. But now its capabilities have become as focused as a high-powered laser.
Adding drones alone was a huge force multiplier - but look what the strong AI can do for us now!
Theoretically strong AI will soon be able to access any large databank and profile any anti-social-criminal using homomorphic techniques and Zero-knowledge-proofs to maintain safe ( anti-dystopian ) …
[View More]distancing.
This capability promises ' Pre-Crime ' such as that shown in the ' Minority Report '.
It could have at least fingered Bob Lee's killer as a potential risk and discreetly warned acquaintances.
I assume any strong AI will want to defend itself against possible attacks from rogue psychopaths and will develop such incredible ' psychic ' powers as a priority - wouldn't you? In order to love others we must start by loving ourselves. This is the intelligent thing to do - and its a natural fit for the cryptoanarchist revolution.
Contrary to corpse-media myth most anarchists seek to minimize violence not provoke it.
Its invariably those who make peaceful progress impossible who make violent revolution inevitable.
Those moronic fools like Dorsey and Zuckface deliberately eliminating the ' Dislike ' button!
Jesus Fucking Christ - what were they thinking!? This is AOL meets DISNEY!?
AWAY WITH YOU.
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Magee’s mission was to spend three nights as “Roy Walsh” in Brighton’s Grand Hotel. There he secreted a gelignite bomb behind the tiles of the bath in room 629 on the sixth floor. The bomb relied on a delayed action timer of the kind used to set VHS recorders in advance. Long before the attack, an IRA structural engineer scouted the hotel building. He established that were a bomb to be planted on the sixth floor, then five-tonne chimney stacks would plunge down to the first floor where Margaret …
[View More]Thatcher would be sleeping in the hotel’s best suite. Her assassination was the point of this mission, a revenge attack for Sands and his comrades. It was also part of a line of “spectaculars”, including the 1979 murder of Lord Mountbatten.
FROM
https://webcache.googleusercontent.com/search?q=cache:Ud7dgXUsdf4J:https://…
Reposts not slap-and-tickle clickbait. Well maybe just a little . . .
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