- cypherpunks - lists.cpunks.org

Hitman dotcom for POTUS
by professor rat 16 Apr '23

16 Apr '23

Any prediction market on a person is also an assassination market on that person ( My 2k sats. Lets go Brandon ) https://stiffs.com/celebrity/joebiden TIMOTHY " An anonymous computerized market will even make possible abhorrent markets for assassinations and extortion " C. MAY 1992 TIM " I guess now that the Pentagon is setting up a murder pool it can't be illegal for us to do it " MAY. 2003 Apr 14 National Guard member arrested after applying to work as hitman on fake website, Rent-A-Hitman https://wreg.com/news/mid-south/national-guard-member-arrested-after-applyi…

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Adam Back slams Julian Assange for lying
by professor rat 16 Apr '23

16 Apr '23

I hope this isn't a ' Flowers for Algernon ' story where Back backslides into Maxi/Mange-mendacity. https://twitter.com/LibertyCappy/status/1647208155800109057?cxt=HHwWgoC82eT… Reposts not fake cryptoanarchists and phoney cypherpunks

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Picking gnosis means choosing reality winners
by professor rat 15 Apr '23

15 Apr '23

Picking gnosis is choosing realities winners https://econospeak.blogspot.com/2007/09/do-we-do-what-deweyd-do.html Reposts not valuable economic data from Spain 1935-39

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Adam Back rejects Btc Maxi Monotheism!
by professor rat 15 Apr '23

15 Apr '23

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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A Next-Generation Over-The-Horizon Radar
by Gunnar Larson 15 Apr '23

15 Apr '23

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, 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.

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The International Space Station Is a Model for a Better World
by Gunnar Larson 15 Apr '23

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

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 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/ ?

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[draft] The people he killed
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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Cryptocurrency: Monero XMR Exposed Again, State Attacks
by grarpamp 15 Apr '23

15 Apr '23

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" 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. permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]fan_of_hakiksexydaysPlatinum | QC: CC 3122, CCMeta 197 | r/ButtCoinASA 12 3 points4 points5 points 2 days ago (0 children) Fair point lol. permalink embed save parent report give award reply [–]samios420 0 points1 point2 points 4 hours ago (0 children) And if they didn’t, they’d still be working on it. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply [–]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… permalink embed save parent report give award reply [–]7101334Platinum | QC: CC 62 5 points6 points7 points 2 days ago (0 children) Ah sorry, I was close permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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!!! permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]evoranger2018Tin | TRX 14 103 points104 points105 points 2 days ago (72 children) Monero is the best private peer to peer coin. permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [+]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply load more comments (2 replies) load more comments (3 replies) [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply load more comments (2 replies) [–]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. permalink embed save parent report give award reply [–]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... permalink embed save parent report give award reply [–]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.. permalink embed save parent report give award reply [–]PseudonymousPlatypus 5 points6 points7 points 2 days ago (19 children) Of course. As opposed to what? People use it regularly. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [+]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… permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply load more comments (1 reply) [–]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 permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply load more comments (1 reply) [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply load more comments (3 replies) load more comments (1 reply) [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]ZelanorBronze -1 points0 points1 point 2 days ago (4 children) So how do you exchange it with one another? Monero website permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]ZelanorBronze 0 points1 point2 points 2 days ago (1 child) How can we trust that app permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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/ permalink embed save parent report give award reply [–]PseudonymousPlatypus 1 point2 points3 points 2 days ago (0 children) …? P2P and exchanges are opposites. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]TEMPACC200000 0 points1 point2 points 1 day ago (0 children) That's a premined scam permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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! permalink embed save parent report give award reply [–]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 ? permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]evoranger2018Tin | TRX 14 0 points1 point2 points 1 day ago (0 children) It's just for buy and selling stuff permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]MindTheMindForMind 0 points1 point2 points 1 day ago (1 child) Monero the new villain for CBDCs! permalink embed save parent report give award reply [–]evoranger2018Tin | TRX 14 0 points1 point2 points 1 day ago (0 children) Good fuck them, go Monero go permalink embed save parent report give award reply [–]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? permalink embed save report give award reply [–]DAMG808Tin | CC critic | AvatarTrading 19 4 points5 points6 points 2 days ago (0 children) Hehe.... permalink embed save parent report give award reply [–]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*. permalink embed save parent report give award reply [–]TEMPACC200000 1 point2 points3 points 1 day ago (0 children) Hey avatar bro permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]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! permalink embed save parent report give award reply [–]IamKingBeaglePlatinum | QC: CC 94 | Politics 19 1 point2 points3 points 2 days ago (0 children) My boating arm! permalink embed save parent report give award reply [–]CryingRipperTear 0 points1 point2 points 1 day ago (0 children) nah, lost the boat as well permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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) permalink embed save report give award reply [–]Killertimme 8 points9 points10 points 2 days ago (0 children) It really represents what crypto should be. permalink embed save parent report give award reply [–]Setyman 49 points50 points51 points 2 days ago (19 children) Monero can't be killed. Their tries are futile. permalink embed save report give award reply [–]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? permalink embed save parent report give award reply [–]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… permalink embed save parent report give award reply [–]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! permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]Bigote_de_SwannTin | GME subs 10 1 point2 points3 points 2 days ago (0 children) The US never tried to kill drugs permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]mercme2023 1 point2 points3 points 2 days ago (0 children) No sh!t permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]Hawke64Platinum | QC: CC 199 2 points3 points4 points 2 days ago (5 children) It can get delisted from major exchanges though permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply load more comments (1 reply) [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]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? permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]gt4674bTin 23 points24 points25 points 2 days ago (8 children) All the things that make Bitcoin great plus fungibility permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]OfWhomIAmChiefPlatinum | QC: XMR 66 4 points5 points6 points 2 days ago (0 children) Hes right you know^ permalink embed save parent report give award reply [+]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply load more comments (1 reply) [–]Stray_Gh0stTin 7 points8 points9 points 2 days ago (1 child) I dont own any Monero. ;) permalink embed save report give award reply [–]jojoO_0Boating disasters... 0 points1 point2 points 2 days ago (0 children) Nope me neither. permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]OisinTTin 7 points8 points9 points 2 days ago (0 children) There's always Monero in the banana stand permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]KnackeredParrotPain & Gainz 20 points21 points22 points 2 days ago (6 children) Still don't own any but forever intrigued permalink embed save report give award reply [–]skystarsss 27 points28 points29 points 2 days ago (1 child) NOBODY owns monero hun 😉 permalink embed save parent report give award reply [–]JesusSon7777Tin 8 points9 points10 points 2 days ago (0 children) 1 rule of Monero Club permalink embed save parent report give award reply [–]mnkbstard 16 points17 points18 points 2 days ago (0 children) Still don't own any wink wink ; permalink embed save parent report give award reply [–]Hawke64Platinum | QC: CC 199 5 points6 points7 points 2 days ago (0 children) Monero? Never heard about it 😐 permalink embed save parent report give award reply [–]improbableyam 2 points3 points4 points 2 days ago (0 children) Yeah, I definitely don't either, officer. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply [–]Rileymillz 5 points6 points7 points 2 days ago (0 children) Monero is No1 permalink embed save report give award reply [–]mercme2023 13 points14 points15 points 2 days ago (1 child) The most interesting crypto in the world. Sweet, sexy, strange, suspicious Monero. permalink embed save report give award reply [–]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! permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [+]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]AncestralManocall me Moon Samurai 10 points11 points12 points 2 days ago (0 children) Privacy matters. permalink embed save report give award reply [–]Expensive-Tap420Platinum | QC: CC 51 | CRO 11 | ExchSubs 11 4 points5 points6 points 2 days ago (0 children) Fuck the state permalink embed save report give award reply [–]Prize-Reference9329 6 points7 points8 points 2 days ago (0 children) Monero is one of the best coins out there. permalink embed save report give award reply [–]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! permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]thom_orrow 5 points6 points7 points 2 days ago (0 children) Good old Monero. permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]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! permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]Sugar_PhutTin 6 points7 points8 points 2 days ago (0 children) My boat accident was almost 2 years ago now permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]SolutarSilver | QC: CC 174 | NANO 32 2 points3 points4 points 2 days ago (5 children) Does Monero have fees? permalink embed save report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply [–]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… permalink embed save parent report give award reply [–]BenDover___Tin 2 points3 points4 points 2 days ago (0 children) Montero > CBDC permalink embed save report give award reply [–]SlipperRich 3 points4 points5 points 2 days ago (0 children) So fucking cool. Very bullish on XMR. permalink embed save report give award reply [–]4rkal 1 point2 points3 points 2 days ago (0 children) Monero is basically what people think Monero is... permalink embed save report give award reply [–]qkju 1 point2 points3 points 2 days ago (0 children) permalink embed save report give award reply [+]DontTickleMeow 1 point2 points3 points 2 days ago (0 children) Nice research. Thank you! permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]AanetzTin 1 point2 points3 points 1 day ago (1 child) Monero was Voldemort all along permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]johnfoss68Platinum | QC: XMR 533, CC 20 1 point2 points3 points 22 hours ago (0 children) Monero is unstoppable. permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]AFadedTin | 1 month old 2 points3 points4 points 2 days ago (0 children) Next to bitcoin, monero is bestcoin. permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]AccomplishedRun7978Tin -1 points0 points1 point 2 days ago (0 children) I just use the Bermuda dapp now. It makes any token a privacy coin. permalink embed save report give award reply [–]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.. permalink embed save report give award reply [–]Low-Opportunity-3447Tin -2 points-1 points0 points 2 days ago (0 children) Ok give me more moons permalink embed save report give award reply [+]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. permalink embed save report give award reply [–]TinaBack43Platinum | QC: CC 59 0 points1 point2 points 2 days ago (0 children) Is this coin like Moldemort?! permalink embed save report give award reply [–]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? permalink embed save report give award reply [–]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.... permalink embed save parent report give award reply [–]Teeroy_JenkinsTin 0 points1 point2 points 2 days ago (0 children) In hindsight that was extremely lazy of me but thanks! permalink embed save parent report give award reply [–]Budget_Muffin7766Tin 0 points1 point2 points 2 days ago (0 children) State attack on Voldemort coin?!?! permalink embed save report give award reply [–]moneyneversleeps_ 0 points1 point2 points 2 days ago (0 children) What is Monero ???? Never heard of it 😐 permalink embed save report give award reply [–]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." permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]nwanstan 0 points1 point2 points 2 days ago (0 children) Monero can not be killed, its stand there unfazed permalink embed save report give award reply [–]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….. permalink embed save report give award reply [–]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.... permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]MatchboxVader22[🍰] 0 points1 point2 points 2 days ago (0 children) The John Cena of crypto. permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]Waiting-For-Godot-64Tin 0 points1 point2 points 2 days ago (0 children) Gonna go get a few. BRB. permalink embed save report give award reply [–]Vegetable-Coat-1956 0 points1 point2 points 2 days ago (0 children) Did Chainalysis finally figure out how to track Monero? permalink embed save report give award reply [–]TechnologheePlatinum | QC: CC 44 | Investing 15 0 points1 point2 points 2 days ago (0 children) Yeesh…. permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]redWeddingzTin 0 points1 point2 points 1 day ago (0 children) Where can I learn more about monero ? permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]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 permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]AberdreamGamingTin 0 points1 point2 points 1 day ago (0 children) What? Monero? Never heard of it. Never used it. permalink embed save report give award reply [–]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! permalink embed save report give award reply [–]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 permalink embed save report give award reply

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Cryptocurrency: Peirce Goes 1st Amdmt On Crypto-DeFi-DEX Killer Gensler's Ass, SEC Battle Royale
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 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. permalink embed save report give award reply [–]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! permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]3utt5lut 2 points3 points4 points 4 hours ago (5 children) Pro-bank and anti-decentralization? Who'd have thought? /s permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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? permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]Lillica_Golden_SHIBBronze | BANANO 5 | TraderSubs 13 3 points4 points5 points 3 hours ago (1 child) Rules for you, not for me... permalink embed save parent report give award reply [–]InsaneMcFriesPlatinum | QC: CC 256 0 points1 point2 points 30 minutes ago (0 children) Another quote that comes to mind “fuck you, got mine” permalink embed save parent report give award reply [–]frogiscat 7 points8 points9 points 6 hours ago (2 children) Gensler: Your powers laws don't work on me! permalink embed save report give award reply [–]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 permalink embed save parent report give award reply [–]zdfasdfasfTin 1 point2 points3 points 56 minutes ago (0 children) Hell called and wanted his gensler back. permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]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.” permalink embed save report give award reply [–]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 permalink embed save parent report give award reply [–]ovettaTin 3 points4 points5 points 6 hours ago (1 child) Except she’s feckless so nothing will come from it. permalink embed save report give award reply [–]Mean_Bandicoot_7481Tin 0 points1 point2 points 4 hours ago (0 children) Weasel lookin mfer permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]IcyLingonberry5007Bronze | QC: ALGO 20 2 points3 points4 points 5 hours ago (1 child) Also the 4th amendment permalink embed save report give award reply [–]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 permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]BirdSetFreePlatinum | QC: CC 1000 1 point2 points3 points 5 hours ago (0 children) Hester vs Gensler - make it a PPV Boxing event permalink embed save report give award reply [–]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. permalink embed save report give award reply [–]Damgalnuna000Platinum | QC: CC 311 0 points1 point2 points 5 hours ago (0 children) She looks like Gensler with a wig tbf permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]20njbytesPlatinum | QC: CC 128 3 points4 points5 points 6 hours ago (6 children) She's the only voice of reason there. permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]tablebones 1 point2 points3 points 6 hours ago (2 children) Code is speach, she has said so herself. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]ChemicalGreek[S] -1 points0 points1 point 6 hours ago (0 children) It’s the law… permalink embed save parent report give award reply [–]Treckhide 2 points3 points4 points 6 hours ago (2 children) Getting tired of reading about these two. permalink embed save report give award reply [–]ChemicalGreek[S] -2 points-1 points0 points 6 hours ago (1 child) I mean somebody had to defend crypto? permalink embed save parent report give award reply [–]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 permalink embed save parent report give award reply [–]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 permalink embed save report give award reply [–]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. permalink embed save parent report give award reply [–]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. permalink embed save parent report give award reply [–]8512764EA -2 points-1 points0 points 6 hours ago (1 child) She’s right you know permalink embed save report give award reply [–]ChemicalGreek[S] -3 points-2 points-1 points 6 hours ago (0 children) Everyone knows 😉 permalink embed save parent report give award reply [–]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. permalink embed save report give award reply [–]Gr8WallofChinatownTin | Economics 11 0 points1 point2 points 2 hours ago (0 children) First amendment 😂 what?! permalink embed save report give award reply [–]KiiaruUneducated Opinion 0 points1 point2 points 1 hour ago (0 children) Never thought I'd die fighting side by side with an SEC employee permalink embed save report give award reply

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