Replies (123)
Go find by yourself why it's the best breaking the state.
https://www.getmonero.org/resources/about/I am learning about it right now, people are sharing some food resources.
What are food resources
Monomnomero
For p2p xmr<->fiat - retoswap
For running a node and mining - gupaxx
For hot wallet - I would normally say cake (monero only version) but they have some weird stuff going on, so maybe try monerujo or monfluo
For circular economy - xmrbazaar
I know it won't hold value, what interests me is the privacy aspects.
That should be fine but doesn't hurt to explore other options 👍👍
You don't even know how the privacy works, I've heard of cases of it being traced but even if it is private, another more private network can come around but if they are not holding value then they are useless because you will either have money that keeps trending to zero or you will need to swap it to better money which compromises privacy, Bitcoin layer 2s have a better chance at privacy, especially as the network grows and utxos are not used that much because a Satoshi is worth so much
Let it sync and then you can send/receive.
Monero.Com is singular in focus and only creates monero wallets with quick set up.
Once you have a balance you can play around with sending/receiving, swaps, and buying gift cards; my favourite is being able to make incredibly small payments without a whole other set up. Super convenient.
Have fun, dude.
It is synced now, Maybe will try sometime
That's kinda weird, yes I do a bit but could do better with privacy, I use VPN, use signal, protonmail, ect
Wow, yeah. I do use Linux as well, but do have a Google Pixel phone .
No, I haven't. I have tried Graphene before and it was extremely buggy and practically unusable.
I don't know what nicehash is but if it gets you sats then yes, I would even go as far to say you may get more Satoshis by getting rid of laptops that you don't use and can't mine BTC with and swapping for something that can
hi there, i hope you wouldn't mind going into details about xmr privacy and explain why it's not up to par compared to what others say? thanks
I said the same thing in the past. But there's a lot of resources to learn about Moneros privacy and how it works. There's not another currency like monero that's private like it. There's similar but not the same.
Bad opesec led to users being exposed, not the actual use of the currency itself.
Bitcoin L2s aren't all private and don't have those guarantees. The only one with the best is Lightning which is difficult to set up and centralizes over time and with the possibility of still being doxxed, Liquid network is just you trust them signers not to rug you, Cashu is just a currency backed by Bitcoin and you're hoping that the mint doesn't rug you, Spark can expose you and are very centralized.
You can get to the point of anonymous on Bitcoin. But it requires a lot of work to get it done. I've been doing it for a while and its a lot of work to maintain, which isn't bad. But if we want to claim that Bitcoin is better than Monero we have to realistic and honest.
#Monero #Bitcoin #BitcoinL2 #Cashu #Liquid
My main point is it's essential for coins to hold their value otherwise it doesn't matter how private they are and no privacy focused chain will ever hold value because of the dilution effect of competition
Let me ask you this. Do you use Bitcoin as 1BTC=1BTC or do you price things as BTC/USD?
If you value more the Fiat exchange rate than the actual currency then store value is moot, just go to fiat if it ultimately is value of the Bitcoin. If not then fiat prices shouldn't matter for the currency. Its based on the energy expended to create and maintain it that is the value of the currency. NGU is such a stupid metric to determine the value of a currency. It keeps us stuck relying on Fiat as the currency.
#Monero #Bitcoin
I'm pricing everything in sats and everything gets cheaper over time and is worth less sats
the difference it has with bitcoin is that monero is considered a crypto focused on privacy by default since it allows counting from the recipient of the payment together with the issuer and how it arrived, apart from the fact that an advance they made a month ago, makes at least 10,000 signatures are generated to count the actual payment.
apart from the fact that two nostr clients, 'nosmero' and 'monstr' are already beginning to implement it as another option towards zap.
i get that you're into trying to hold/grow your value relative to other commodities/assets/whatever. that's basically your decision/calculations.
what i don't get is why you're so quick to disregard the actual utility and function of something like xmr? like another said, doxxing usually happens because of sloppy opsec and while there can be different attacks like black marbles, etc, i don't see any of that as being any good reason to dismiss.
Tell me the use case of a private token that consistently loses value over time?
You aren't pricing in sats you're still pricing everything in BTC/USD that's why fiat costs look cheaper. Truly pricing in BTC keeps prices the stable and aren't dependent on Fiat for its value.
1 XMR = 1 XMR
Privacy is important because without privacy there's no freedom. Its also good as a currency because no one can track what you're spending on and won't reject your coins if they've had a dirty past.
Wrong, monero is worth less and less sats over time and so is every alt, I don't care about the fiat price
You are comparing Monero with BTC/USD. You are still following a fiat currency with Bitcoin.
So if Bitcoins exchange rate for USD goes to 0. Will be it be worthless then?
Right now one xmr is about 300k sats and going lower
1 XMR = 1 XMR
1 BTC = 1 BTC
You are comparing XMR with BTC/USD.
I'm comparing it to sats, didn't mention usd, BTC is the unit of account and everything is priced in sats, 1 BTC = 1 BTC only works with BTC
👍
Did you just send me some?
yeah
Wrong, it's that everything else goes down priced in sats, I didn't mention fiat prices, even if fiat didn't exist, everything else would still be priced in sats
Appreciate you fren! 🫂 🐕
Nicehash will use your spare CPU and GPU to mine a multitude of truly "shit" coins.
Then gives you sfa sats in return. Most likely KYC too.
Why prop up 20 shitcoins when you can just mine one and swap it ez for bitcoin
❤️
Gotcha
Mine it or earn it :) same with the corn. F buying it unless it's P2P!
Will look into mining.
Even if fiat didn't exist we would still be pricing things in sats as the unit of account, you think BTC is priced in fiat but fiat is priced in BTC and so is everything else, just like how fiat used to be priced in gold and now gold is priced in fiat
🫂
Ok Mr fiat maxi
One thing about monero is that you generally can't buy it on crypto exchanges, so it's way more stable/not subject to wallstreet gamblers and speculation
The value actually comes directly from its adoption and use.
That's pretty neat
If you understood Bitcoin then you should understand why monero is not just a shitcoin scam.
Actually, monero does hold value.
What it won't do is dramatically increase in value like bitcoin.
Because unlike Bitcoin there's no wallstreet gamblers "investing" in it.
Ahh, that makes sense. Cool!
KYC Bitcoin is not going to provide privacy.
It's not even the privacy that interests me with monero it's the fact that it's actually used as money and not used as a speculative investment by wallstreet gamblers like Bitcoin or shitcoins
You should not be "investing" in an crypto.
Saving in Bitcoin = savings
Yes 👍
You can do a swap in Cake wallet to buy it with BTC.
Don't let the asskissing, pro-statist NGU hypemen dissuade you from using better, private money.
Welcome aboard, fren.
Don't reveal your XMR stack, lol.
Using cake wallet you can easily swap between BTC and XMR cakepay is pretty cool too.
Thanks!
Bitcoin has limited room to grow. One more 10× increase would bring its market capitalisation roughly in line with Gold. But if that also means a 10× increase in transaction fees, it would end up functioning much like physical gold: expensive to move, concentrated in custodial institutions, and subject to intermediary fees. Unlike gold, it also carries a significant social attack surface and provides far less privacy in its current form. I don’t see a strong case for a valuation much higher than that under present conditions.
For Bitcoin to scale further, another 10× beyond gold and become the backbone of global value, it must do a better job at being money. That means achieving both scalability and privacy without recreating the same banking power structures it was designed to disrupt. If routing fees and economies of scale end up favouring large intermediaries, the system risks centralisation similar to today’s financial system.
By contrast, Monero stands out as one of the few projects with genuine use, adoption, and built in privacy. As the world moves deeper into surveillance, privacy will become increasingly valuable.
If Bitcoin can integrate effective privacy and scaling solutions that prevent banks or large intermediaries from extracting rents, then it can unlock the remaining 100× of real growth potential. But the probability of this happening without strong competitive pressure is low.
So there’s a strategic choice:
Stay Bitcoin only and accept a capped upside, similar to gold’s role.
Or support Monero and benefit as it grows into a serious competitor, pushing Bitcoin to evolve into something more decentralised, private, and genuinely useful as global money.
Competition between these two could ultimately deliver a fairer and freer financial system that captures more value overall.
In most cases, The reasons Monero was deanonymized was due to swaps out of Monero.
The main vulnerabilities for Monero are connecting to Malicious Nodes, and dust (sending small amounts of monero to combine with spend outputs, and using that known output to track movement but those both can be counteracted, there was just a monero update to mitigate malicious nodes but that doesn't matter if you run your own node, and dust can be counteracted with churning, & sending between 2 seperate wallets.)
There is an old series called Breaking Monero by Justin Ehrenhofer who was a former, and notable Monero contributor before leaving to join a CoinTracking Company.
Some of the information may be outdated especially regarding ring signatures, as the new update (coming soon) FCMP++ will basically make deanonymizing Monero impossible unless they had hardware level access to your devices which is also a vulnerability for bitcoin, and anything else.
https://youtube.com/playlist?list=PLsSYUeVwrHBnAUre2G_LYDsdo-tD0ov-yWe don't want your Fiat Units.
We want our privacy respected.
Uno, I would say download Cake Wallet, which is Multi-coin, it has BIP-39 which let's you use one seed for both, you can explore
https://monero.eco/ by
@Schmidt that shows wallets, miners, stores, & places to acquire monero.
You can also use
Find KYC-free Services | KYCnot.me
Find services that don
to acquire Bitcoin, and Monero KYC-Free.
These are things I've personally bought with Monero myself:
X (formerly Twitter)
Jordan Sanchez (@JordanSanchezCA) on X
Just chilling on a Thursday afternoon wearing my @D3VUR TempleOS swag reading How To Draw a Gorilla written by @basedspinach, having an @EatAupa ba...
I personally use monero as a store of value since it's not super volatile, and appreciates overtime.
Here's also just another quick little guide for monero.
Don't be afraid to reach out if you have more questions.
Robosats is an easy place to buy monero for sats
You can't reason with crack heads
You can't reason with crack heads
Yeah, which is why you're being unreasonable.
Very original, I know you are what am I
No one else even mentioned drug addiction so clearly you're projecting
Dude resorting to insults means you are losing the battle. Be better and use actual points, I know you can. Otherwise take the time to learn and understand the other side.
Once I did that things made a little more sense and gave me a few ideas to work on to help improve Bitcoin and Bitcoin Opsec education.
Just like how these monero guys were projecting fiat onto me, I don't care what you guys want to use, all the best, to me it seems you are new to the space, monero has the same delema as sol, eth, xrp and millions of others, it doesn't have a moral high ground because it's private
I got exhausted arguing with to many of you at once and you won't agree with me no matter what, I resorted to insults after getting insulted by a small army, so I think it means I already one
More Bitcoin value, stop projecting fiat onto me
And I think it's you that doesn't understand how prices work, where would you like to go from here?
it's going to 400k
You measure it's value because you get more purchasing power over time, if your spending BTC you will naturally spend less sats over the years as more people adopt it, like I mentioned before, BTC in not priced in fiat, it's the other way around, we will naturally be pricing fiat in BTC until it is gone and irrelevant and every alt coin will be priced in sats, you can say one xmr is one xmr but the reality is you will only be able to trade one xmr for a certain amount of sats, you won't be able to swap one xmr for one BTC because no one values them equally
The value is relative to what you are trading it for, fiat is priced in BTC, not BTC priced in fiat and fiat needs to stop being used before that goes away, while people are using dollars they will naturally be worth a certain amount of sats just like how one xmr is worth a certain amount of sats
Howdy welcome to the party! 😂
That doesn't answer the question lol. Fiat has been around longer than BTC. Its worth is "Trust me bro" from a gov.
Now using your logic, one BTC is worth 0.00001 XMR then. BTC is priced in XMR using the logic provided by you. See how that doesn't make sense claiming fiat is priced in Bitcoin. I live off of purely Bitcoin and even I know that's not how Bitcoins value works. 😂
Fiat used to be priced in gold before fiat became bigger then gold, it does make sense, it does make sense, I'm literally having to respond to multiple threads, it's getting ridiculous, you guys need to keep it manageable
And you can’t party with bankers. Everything is a trade off.
Either way monero will always lose purchasing power compared to harder money, so you will need to cope with that reality
Gold was still priced in the paper currency it backed lmao, that's how gold redemptions worked.
It only makes sense for your delusion. Learn how money works and understand monetary systems. Bitcoin is still priced in fiat which is why Fiatcoiners claim purchasing power goes up over time. If you actually priced stuff in sats then things stay the same, there is no ups or downs just a fixed stable currency.
And you are free to price BTC in xmr but you will need to cope with one BTC becoming worth more xmr over time as xmr gets diluted
I know, that's why I fully support not using BTC/USD to determine prices when I spend on Bitcoin.
Things wouldn't be fixed, they would still get cheaper in sats as sats get distributed to more people, if the money is fixed then everything else needs to get cheaper
Well that's if BTC was the only currency. I should have worded it more clearly. You can have demand for the currency but 1 BTC would be 1 BTC in the end.
But I do see your point.
Do you know how XMRs tail emissions work?
I thought the same. But once I understood it, its something not to worry about.
That's not how it works lmao. 1 BTC = 1 BTC things aren't going to get cheaper. The opposite would occur, things would get more expensive if the supply gets lost. So if there's only 1 million BTC then prices would get cooked for goods and services.
Agreed.
Don't worry, I will find a way to cope with moneros success as I refuse to pay attention to it, it won't be easy but I will survive
The units can get divided smaller, we can already divide one Satoshi by a thousand on lightning, so the purchasing power of sats will increase
Which model? Graphene runs extremely stable on 8 and 9 versions.
It was on 9
You can create a profile on your mobile (ideally) Graphene that you let run exclusively over tor and only have open source apps installed on it e.g. for communication.
Open source apps like SimpleX, Amethyst or Molly (Signal) work flawlessly over tor.
5G deactivated?
Gupaxx can set you up from zero to mining within 5 minutes.
Study the "Breaking Monero" series. With FCMP++ normies are covered quite well even more so if they use tor to connect to their Monero wallets.
No one should assume that Monero is nearly enough if you are in a highly adversarial environment. You need to practice very well thought out OpSec then. Cameras in meat space or friends stock phones might still compromise you.
USD in offshore bank accounts which is a worse store of value than both Monero and gold beg to disagree with you.
Gold $25T
Offshore bank accounts $60T+
All good 😆
You should only stack Monero if you find "utility" for it. Just like with Bitcoin. if not, you're just speculating. Me, I spend Monero just like I spend Bitcoin, so it's literally my 2nd best.
Bitcoin
Altcoin
Shitcoin
Three different things
I would have said use the my-monero wallet but they've decided to sunset after over a decade and now everyone is migrating to the cake wallet (apparently).
@poolrooms which one of the two do you prefer personally?
You think there is a difference between alt coins and shitcoins?
👍
Though it doesn't hurt to own some Monero too. "Just in case it catches on" plus, it feels good to buy whole coins!
No, I know that for a fact.
Monero has half of golds inflation only ever to go down from here, trending against 0 without ever reaching it. It's a trade off Bitcoin OGs that created Monero were willing to make to have a security budget guarantee at the absence of an established fee market. As they knew Bitcoin already covered the finite supply niche they could choose different trade-offs and sacrificed the number one selling point.
Not because they are (dis)inflation lovers. No, because they argumented that it would create a more stable long term outcome.
Monero is one of the few other decentralized cryptocurrencies that you can mine on any device with a cpu.
It is completely crowdfunded by monero users unlike other cryptocurrencies which use big organizations, or dev fees to fund like Ethereum, or Zcash that have centralized entities programming it.
In almost every market where both Bitcoin, and Monero are allowed as payments monero tends to be the most commonly used payments system across various vendors with Bitcoin being a close second.
It uses obfuscation to become more difficult to trace, which is on by default, and is user friendly unlike tools like mixers, or other privacy preservation tools.
Monero supply is about ~18.4, and can be verified (more information below 👇)
Monero is one if not the few cryptocurrencies that can be compared to Bitcoin, as Monero has been delisted from many exchanges, and targeted like Bitcoin was in the early days.
Monero has less fiat speculators in it which leads to a more stable, and predictable appreciation overtime instead of volatile swings are experienced in other cryptos.
But anyways
View quoted note →And what is the difference
not a chain. not a coin. have a nice day.
Ok I will pretend that means something, you have a nice day as well
I've only used cake (monero.com) and monerujo and prefer cake, but I think I'm going to try monfluo, it seems clean and doesn't have all the swap and "services" built-in like cake which I will never use.
That's what I'm looking for. A plain wallet with a plain UI just like my-monero or BTC Qt or Electrum etc. And for desktop. I don't carry my money around on a phone
There is no point in debating this any further. You obviously have your opinion on this topic. I have mine.
Nah, I only keep some spending money on a hot wallet on my phone, the majority is kept on a hardware wallet that I only plug in to a trusted desktop computer
That's Monfluo.
for mobile, definitely ❤️
they seem decent by reading their tech papers. Mind you that was last yr so probably a lot has changed. how straight forward is their wallet set-up?
I use Monero to buy Bitcoin non-KYC.
i recommend feather for desktop. you can buy it from #bisq software if you have bitcoin. then go to #retoswap software to buy more.
You're definitely not a Bitcoiner
Welcome to the club!
Thank you!
np
It the best Monero wallet there is
Pedophiles like you deserve to scream in pain. They’ll find you eventually.
You’re a pedophile
