Enter in crypto without KYC is difficult, close to impossible, maybe talk to your friends if they agree to deal with you but CEX exchanges need to comply if they want doing business with the agreement of government. There are options anyway like stealthex or Poloniex where you will need to KYC with the card payment processing only not the exchange, Bisq or Haveno (reto) but it will be more and more difficult in the future to not KYC on CEX. I don't care about KYC because Monero break the link, then you are in shadow 😉
https://stealthex.iohttps://poloniex.comhttps://bisq.networkhttps://haveno-reto.com
Because Bitcoin is reaching ATH again, it's time to remember Bitcoin is not a Bubble, it's just a dream that repeating again, but remember a dream end one day, the dream on DN is already over, how many time to understand Bitcoin can't replace Gold as a store of value ?
Ok I don't want to talk about price but if you insist, in 10 years Monero start at $0 and now it's around $160, I mean stop about the price it's just an indicator, Silver is valuable like Gold but he's far from it's ATH, there is many things to consider about the price. Bitcoin goes up because institutional are buying, states will probably follow but you know, it's just because they want, if they prefer Ethereum or Dogecoin or Monero or anything else Bitcoin will not pump like that. Gold is valuable, Bitcoin is valuable, anything is valuable, I believe Gold & Silver are the only wealth, the rest is debt, stocks are debt, crypto are debt, houses are debt etc. Depends on you, if you think Bitcoin is better than Gold ok, maybe maybe not, the market is telling Bitcoin is more valuable but it can change later, saying Bitcoin will go the moon is stupid, we can't know what will happen next. I'm not against Bitcoin, I just think Monero is far better as the original purpose, and Bitcoin can't be digital Gold, it's stupid by definition. I see a price for Bitcoin but I don't see any value in it, maybe I'm wrong, maybe not, who knows ? Am I retard ? I was in Bitcoin 10 years ago, it was different, no moonboys, no KYC, no regulations. Now Bitcoin is becoming an extension of the traditional banking system, the final stage will be transactions censorship, it's possible and I think it will be later because transactions are public, Monero on the other hand can't be censored because every transactions are anonymous, nodes & miners don't know who send to who nor the amount, I see a real value here, especially with CBDC to come. I don't care about the price, having some funds over the internet that can't be censored or traced by authorities, even if I don't do anything wrong, having financial privacy is good.
https://image.nostr.build/4992be79474803a7dd2c59c87bb58e960a82e84e58a6067d456afcdc968c4edd.png
Sad to say that, but we are opposed to Bitcoin fanatic, they call themselves Bitcoiners but they don't understand what is Bitcoin... They want Lightning but they don't understand the whole purpose of Bitcoin was to be your own bank, you owning your private key, not a third party custodial service. They want adoption for Number Goes Up, they don't care about freedom or privacy. They think have right because price increase, they think Bitcoin is a digital Gold, they don't care if fees go to the moon, mining centralization ? Fungibility ? Nope, they are happy because wall street buy Bitcoin and pump the price... so sad to have these conclusion but Bitcoin didn't failed, the people have failed, they are worshipping what Bitcoin tried to stop. Happy to hear anyway Monero is alive, there is a last hope.
#Bitcoin
#Monero
Pretty all "Bitcoiners" having red eyes will run if Bitcoin price crash, why ? Because they don't care about Bitcoin, they don't want privacy, they just want $$$. The ones who heard about Bitcoin in the early days remember what crypto means, and they are in Monero now, why ? Because we know crypto means freedom, rising against dystopia, not embrace it with a custodial solution where you don't own your private key. Take your lambo dear moonboys and drive it in your golden cage like an hamster, meanwhile we will have an unknown amount of xmr and transacting with no one know except the sender & the receiver. Have fun stay slave
Where do you swap your xmr for btc ? Because major regulated exchanges with clear btc are delisting Monero, options are not regulated CEX and DEX where tainted btc will be present. Good luck...
It's crazy how people are fooled, Bitcoin L2, L3, L4... is NOT Bitcoin. It's something different, another network where an other coin is moving, more explicitly, it's a wrapped Bitcoin (wBTC). The Lightning network is not the Bitcoin network, you need to keep that in mind. It's adding more complexity and risks, I'm ok to pay $0.01 for a Monero transaction where anonymity is by default, you don't need to do anything special, no tainted coin, all are equal, we call that fungibility, no need of L2 (something different) to reduce fees or adding anonymity to fill the gap on the original protocol. In Bitcoin you have choice of casino with tainted BTC or an other coin in a different network. If you want to use Bitcoin anyway, you have no privacy because it's pseudonymous not anonymous, if you pay someone, these one will be able to see your wallet, that means your balance and the history of transactions, no privacy here. If you don't want the risk of tainted BTC you are stuck on exchanges, at this point Bitcoin is useless, the original purpose is dead, making Bitcoin worthless... I'm a Bitcoiner, because Bitcoin is an idea first of all, the will of cypherpunks to create an anonymous electronic money, but these will is fulfilled on Monero not Bitcoin anymore, Bitcoin is becoming a shitcoin catch by authorities and big corporations where compliance is the rule and custodial the way to go where they own your key, not you. We need to understand it's not about the price, it's about freedom.
"Bitcoin is naturally deflationary, meaning every coin increases in value, while Monero is naturally inflationary, every coin decreases in value. Monero’s rate of inflation is similar to gold, but that means it is not as good of a store of value as bitcoin."
- Bitcoin is not deflationary and will never be except if you burn coins
- Gold just did x10 in 20 years, he didn't decrease in value
- The value of something is not defined by inflation or deflation, it just have a little impact except if this inflation (or deflation) is crazy like FIAT.
- Ethereum is now deflationary, but the value can crash 100% if no one want it.
- Bitcoin is not a good store of value, what will happen to Bitcoin if a massive world war or solar eruption happen ? Bye bye Internet, all crypto will be wiped out. There is only 2 good store of value: Gold & Silver. Bitcoin is not and will never be a digital Gold, it's a nonsense, Bitcoin is a program, a tool, a network, but it's not physical and will never be.
fees are not paid in % of the amount sent, you can send $1 of btc and paying $1 of fees, will you pay $1 fees for a coffee ? I was thinking LN was less expensive than that but it's ok but again LN is not Bitcoin, it's centralized to hell
Assuming people will only use L2 because it's cheaper, they will never settle the transaction on Bitcoin network, do you think it's impossible to cheat ?
Monero is laughing 😎
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The halving is probably one of the worst part of Bitcoin, it's leading to even more mining centralization that which will result in even more OFAC compliance. Bitcoin is actually doomed, ready for a fork ?
Monero tail emission fix it
An healthy one is accumulating wealth, not debt. Debt is artificial wealth that will vanish soon or later, what will remain then ?
#Microstrategy
#Bitcoin
When Microstrategy accumulate billions of debts equaling it's capitalization, which is now based on speculation to buy a speculative asset subject to electric shutdown and hacks, seeing the share is skyrocketing... maybe something is going to happen, something wrong. Microstrategy is probably doing a ponzi scheme that will eventually end in FUD chaos. Accumulating debts is never a good idea on the long run. If something unexpected happen, you are instant KO and we should ever expect the worse to happen unexpectedly
Seems that "people" want Bitcoin as a store of value, but there is Gold you know ? Gold don't care about electric or internet shutdown, no problem about mining centralization and censorship at all here. No risk about 51% or any hack too... maybe people should be careful, Bitcoin has only 15 years and have already the marketcap of Silver which was used by humanity for around 5000 years. I don't know if it's a bubble, but these capitalization is pretty strange, is Bitcoin overvalued ? What can justify the Bitcoin marketcap around Silver marketcap ?
The adoption of Monero will be far different than Bitcoin, I think when CBDC will be active and Bitcoin transactions censored, people will finally understand the utility of Monero. We are early
Nothing to do with wealth building. The idea was to create an anonymous electronic money, privacy in mind, not fiat. It's a tool to free us against corrupted government which are trying to enslave us, if you HODL and don't use it, crypto is useless.
Not exactly, when we see how USDT are frozen by Tether, how Ethereum is censored and how Bitcoin is becoming censored too, step by step I understood XMR is best suited to keep wealth that can not be frozen, independently of the price. That's the real interest of it, having money over the internet that can not be censored, Bitcoin is becoming censored and will be even more, it's inevitable because of the mining centralization by big corporations.
owning USDT is a big deal, especially when it can be freeze by a third party at any moment without consideration about your location or jurisdiction because Tether own "your" USDT (erc20...)
No sorry, it was an allusion when he was already POTUS in 2017. My intention was to said he don't care about Ross or Bitcoin, he just did that for political move
Bitcoin goes in the wrong direction as the price increases, people are believing Bitcoin is going better & stronger but it's just becoming further more centralized & controlled, soon it will be OFAC compliant, transactions will be filtered. Monero fix it
People don't realize crypto currency is not about price, it's about freedom. A decentralized anonymous electronic money have no value because it make you sovereign against CBDC.
Warren Buffet said "Price is what you pay; value is what you get"
#Monero
Be careful with USDT, it's controlled and censored by an Organization working with the Fed, it's called Tether. It's probably not a good idea to add this to Haveno... I will never use it.
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owning USDT is a big deal, especially when it can be freeze by a third party at any moment without consideration about your location or jurisdiction because Tether own "your" USDT (erc20...)
Moving out Ross Ulbricht should not be a political move, it should be a freedom move. Voting for Trump because of that is an error, everyone should want free an innocent from prison. Why Trump didn't free Ross when he was President before ? I don't believe Trump is for Ross, or freedom or Bitcoin (in the original freedom way). I think we should never forget the manifesto :
"We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence. It is to their advantage to speak of us, and we should expect that they will speak. To try to prevent their speech is to fight against the realities of information"
Don't be fooled by honey words. Our freedom is not the interest of the government, why any of the president will free Ross in reality ? Be careful
#Monero
They want you buy Bitcoin and don't sell it.
We want you running a Monero node to add privacy and decentralization then use it for payment.
They want 💲 💲 💲 💸 💸 💸 🤑 🤑 🤑
We want 🛡️ 🛡️ 🛡️ 🔐 🔐 🔐 ⛔ ⛔ ⛔
Bitcoin is pumping because of nothing, people are believing Trump is pro Bitcoin? The Government will never accept Bitcoin if it's a threat to them... what a huge mistake are you doing people ?
It's not the price of Monero, it is the volume on Haveno, a decentralized exchange built on Monero. If you say it's a shitcoin, that means you don't understand what is Bitcoin
Do you remember 2022 for example where Canada government force banks to freeze account of protesters ? Do you remember Mt Gox and FTX ? Do you remember The Greek Financial Crisis with impossible withdraw, do you remember Tether freezing usdt (because you don't own the erc20), exchanges freezing crypto because of AML... is it emotional or factual ? There is no merits of custodial solutions, it's something that Satoshi didn't want, it's something very dangerous yes, Bitcoin is useless if someone else own your key because you can be fucked at any moment like your money in the bank, there is absolutely no sovereignty at all here. Why did you say "without justifying why that outcome is likely" ?
Monero just try to be what Bitcoin should have been. A decentralized anonymous electronic money. It's right, nothing is 100% untraceable, but at some point of privacy, it's pretty impossible to track you. Monero is for now close to untraceable, but it will never be 100% because nothing can be. The point of needing Monero instead of Bitcoin is : Bitcoin is far more traceable, Bitcoin is not ASIC resistant, the mining is heavily centralized, same for Lightning Network, which is by the way not Bitcoin, it's something else where an other currency (BTCLN) is exchanged. Bitcoin can be censored like Ethereum is today. Every transactions on Bitcoin network is public, that mean nodes can reject some address... this is impossible on Monero because nodes don't see who send to who, nor the amount. Everyone who want privacy should support Monero instead of Bitcoin because Monero is a better version of Bitcoin, more private, more decentralized, more ASIC resistant... I'm not against Bitcoin, but I will never use it to make a deal, I will rather use Monero, the first decentralized anonymous electronic money 😃
Any ASIC is useless in Monero and will ever be, thanks to RandomX. Monero is not 100% untraceable and will never be, nothing will ever be bulletproof, but Monero is actually too good for ChainAnalysis and co. If you don't do shit with opsec, it's close to impossible to link transactions with you. The actual threat is @IP. Simply running it's own node fix that. If you want to use an other network than Bitcoin network, ok do it, I will never do that, I think you understand what is the risk... the hard fork is just a cleaner way to upgrade, nothing to do with the supply. It's like removing windows10 and installing a fresh windows 11. It's more healthy.
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