MONERO - OPEN PROTCOL FOR DIGITAL CASH
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Those 80% do not own Bitcoin or Monero yet.
I can see where they are coming from. But we are very much on track to liberate ourselves from this mess no matter who runs for office.
Politics is theater for the masses who don't go to the theater.
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Bitcoin long term chart vs USD is predictable. It follows a log trend line until it breaks upwards because $ inflation becomes a bigger factor than the capitalization trend as a global reserve asset.
At some point Bitcoin IS a global reserve asset. That's when it will get less interesting as an investment.
And I tell you today that that is the time the attention will focus to Monero, which will seen as a beautiful off-shore bank account for all the Bitcoin UHNW individuals.
That's probably also why Monero's long term chart is much more interesting in the long term and frustrating for its holder in the short term. I am especially looking at the 3M chart here. It's a gigantic bull flag waiting for completion in the next 3 years.
Bitcoin for safe gains vs $.
Monero for the unpredictable wild ride.
#Bitcoin # Monero #Markets #Charts
"Banks currently limit cash withdrawals under the pretense of money laundering and security. They will ask all sorts of questions if you even TRY to withdraw your money. They realize we are on the verge of a crisis in banking on a global scale."
Martin Armstrong
"Safe trades" can only happen with money that the trading parties directly control themselves - hence without third parties. Meaning USD cash for Monero or Bitcoin on Haveno or Bisq is the only viable thing.
Prepare for all kind of bullshit excuses why banks and crypto banks need to limit access to their customers accounts.
#introductions
Old time redditor leaving the old continent behind and exploring the new frontier that is Nostr.
Tell me about the npubs I need to follow.
Interested in maximizing privacy and freedom.
XMRBTC with a 6 month high and potential longer term outbreak.
XMRETH with a significant outbreak.
XMRUSD close to breaking out with extremely bullish set up on the monthly chart.
We are entering a time where privacy formerly seen as a luxury good turns into an essential good.
Nostr, Monero, GrapheneOS, SimpleX will be the tools of self-defense.
Bitcoin will take market share from USD and gold, but the growth potential will be far exceeded by privacy tech.
#Monero #Bitcoin
I am not overestimating those whom I talk about.
Most people as harsh as it may sound don't matter in an economic sense. They are trend followers. And they will buy into privacy by marketing. Funny enough that most of today's Bitcoiners fall into the same category. They would never have discovered Bitcoin early on.
There are people who know what's going on in this world developing and using freedom tech. It's them who shape the world.
The CEO MODEL IS DEAD.
If it's centralized (corporations)
If it is identified (ID/KYC)
If it has reach (mass influence)
Agent Smith will come for you. Don't feed into the old model of doing things. Do it like @jack
In a deeper sense this is a spiritual phenomenon. Entrepreneurship, leadership and glorification of ingenious CEO's is nothing more than worship of the "ego" contributing to false identities on top of false beliefs.
Instead thanls to @ODELL we are now humbling ourselves building protocols that serve our self-discovery and self-expression as sentient beings.
I am so done with Reddit!
New to Nostr. Tell me about best practices. Which accounts to follow?
I am an early Bitcoiner and Monero enthusiast seeking to build strong community bonds and free information flows.
Get to know "Haveno" the long awaited decentralized exchange and full LocalMonero replacement that enables direct Fiat-to-Crypto trades.
Background: Earlier this year Binance, OKX, and Kraken (partially) delisted Monero. While expected for a long time and even encouraged by the community for fractional reserve malpractice the sudden lack of liquidity still put huge pressure on the Monero price. In a time where every other coin pumped, with BTC reaching a new all time high (ATH), Monero instead took a heavy dump testing multi year price support.
Then the next bummer in May. LocalMonero, the biggest P2P market decided to close its doors with little time to react to the news. Though they did it in an orderly fashion they still left a huge gap for privacy conscious people who want to trade in and out of Monero.
Haveno after years of waiting enters the game
Haveno, a more private version of well renown "Bisq", which without doubt can be described as the OG DEX took over the market of LocalMonero - this time in a decentralized way. Which makes it currently the most reliable and private Fiat-to-Crypto exchange within the wider crypto ecosystem.
How to trade on Haveno?
1. To access Haveno you need to download the software from https://haveno-reto.com or https://github.com/retoaccess1/haveno-reto/releases to your computer. No account needed.
2. The software for privacy reasons connects automatically to the Tor network.
3. You fill in some account information e.g. your bank account number or PayPal account (everything encrypted and only shared with your trade partner)
4. You send a security deposit to your wallet so both buyers and sellers are protected during the trade
The downside:
* Currently there is no mobile app available and
* DDos attacks rendered the P2P network unusable for quite some time. The problem has since been fixed. But
* liquidity is still in its early stage.
Crypto is all about collaboration. We made and still make things happen that didn't exist a decade or two ago.
If you are interested in private and permissionless trade of a private and permissionless cryptocurrency or are willing to provide liquidity at a premium, Haveno is for you. Help bootstrap it so it can fulfill its mission of uninterrupted trade - for the benefit of all of us.
Also this may seem as an endorsement of Haveno over other projects, it's much more an acknowledgement of developers who create software to enable free trade between free people.
*) For legal purposes the Haveno developer team decided not to run seed nodes themselves. Instead https://haveno-reto.com is seeding and arbitrating the network.
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Notes by gr8ful4 | export