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Reddit Posts

r/CryptoCurrencySee Post

First documented case of Monero (XMR) being traced using metadata

r/CryptoCurrencySee Post

【CoinEx】CoinEx Has Required Mandatory ID Verification for Deposits and Withdrawals of Privacy Coins

r/CryptoCurrencySee Post

Why is this taking so long

r/CryptoCurrencySee Post

Samourai: BTC's most renown privacy wallet completes integration of XMR<>BTC atomic swaps

r/CryptoCurrencySee Post

Monero vanished from Binance?

r/CryptoMoonShotsSee Post

OZK project is 1 month old but it is already one of the best #BRC20 coins, huge potential in 2024

r/CryptoCurrencySee Post

Your contribution is needed to fund the advancement of the recently developed BCH<>XMR atomic swap implementation

r/CryptoCurrencySee Post

Even they admit that Bitcoin swayed from Satoshi's vision. Guess who is still on the path?

r/CryptoCurrencySee Post

Thanks to CEX delisting, we have now at least 3 atomic swap implementations for Monero.

r/CryptoCurrencySee Post

Easy buys, what are yours?

r/CryptoCurrencySee Post

Samourai teases the release of non-custodial BTC-XMR swaps coming soon™️ maybe just in the nick of time with the recent privacy coin delisting announcements from OKX and presumably other exchanges also soon™️

r/CryptoCurrencySee Post

Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading

r/CryptoCurrencySee Post

Why don’t my wallets synchronise? Coinomi

r/CryptoCurrencySee Post

Outside of LocalMonero, what exchanges exist to trade XMR?

r/CryptoCurrencySee Post

It sucks that paid FUD is going to turn a lot of people away from ETH before danksharding

r/CryptoCurrencySee Post

How do CBDCS compare to crypto and legacy payment methods?

r/CryptoCurrencySee Post

How do Binance, HTX, Poloniex and OKX plan to cover their naked XMR shorts?

r/CryptoCurrencySee Post

Freewallet - account problems?!?

r/CryptoMarketsSee Post

Why does XMR stays or goes down when others such as BTC and ETH go up?

r/CryptoCurrencySee Post

Ukraine seizes $1.5m in crypto from former official

r/CryptoCurrencySee Post

Why will BTC be valuable or why should be people invest in BTC?

r/CryptoCurrencySee Post

On Kraken. Do I need to provide ID in order to send BTC, trade to XMR and withdraw?

r/CryptoCurrencySee Post

Zelcore wallet?

r/CryptoCurrencySee Post

Having a very difficult time understanding Zelcore and XMR keys

r/CryptoCurrencySee Post

When To Convert Xmr into BTC

r/CryptoCurrencySee Post

Why market caps are not to be trusted

r/CryptoCurrencySee Post

Justin Sun's Poloniex is in trouble. All withdrawals are closed for 5 days - counting.

r/CryptoCurrencySee Post

What are the best "Earning" (finance) options on Binance?

r/CryptoCurrencySee Post

Advice on BOTS and parameters for BTC and ETH.

r/CryptoCurrencySee Post

Monero CSS wallet drained. Only two users had access. 2,675 XMR drained

r/CryptoCurrencySee Post

Questions regarding Ballet Cold Storage Wallet Cards, Next Bullrun, and BTC transaction speeds

r/CryptoCurrencySee Post

I don't know of a title, I'm just looking for advice.

r/CryptoCurrencySee Post

crypto depression

r/CryptoCurrencySee Post

Monero XMR Algo Change

r/CryptoCurrencySee Post

XMR and BCH are the only cryptocurrencies that are actually useful. Change my mind.

r/CryptoCurrencySee Post

[Post Mortem] - The 84K MOON Hack

r/CryptoCurrencySee Post

Justin Sun is selling off ETH on Binance to prop up BNB.

r/CryptoCurrencySee Post

ISIS asks for donations through cryptocurrency Monero(XMR)

r/CryptoCurrencySee Post

How many red flags do we need?

r/CryptoCurrencySee Post

Tokens vs Business Logic

r/CryptoCurrencySee Post

What are some negatives about Monero?

r/CryptoCurrencySee Post

Why do you use DEX ?

r/CryptoCurrencySee Post

The IRS Bounty on Monero

r/CryptoCurrencySee Post

The Most ASIC-Resistant Coin Nobody Has Ever Told You About

r/CryptoCurrencySee Post

Bitfinex now requires SoF on XMR deposits

r/CryptoCurrencySee Post

Adaption is coming. Just not like we imagined

r/CryptoCurrencySee Post

Future use cases of crypto.

r/CryptoCurrencySee Post

Would you still be around if wasn't for 'numbers go up' expectations? Why are you here?

r/CryptoCurrencySee Post

Has your CEX delisted your favorite privacy coin? Fear nothing, anon! A quick guide (4 steps) to get CEX-Delisted Privacy Coins efficiently

r/CryptoCurrencySee Post

25 rules that can save you in crypto, whether you are a beginner or a pro!

r/CryptoCurrencySee Post

10 rules you need to be aware of in crypto that can save the beginners and pros in this space!

r/CryptoCurrencySee Post

After the headlines: how are LunarCrush’s plans to send $1.5 million worth of BTC to the moon via private keys etched on a rover going?

r/CryptoCurrencySee Post

4 lessons to keep in mind in crypto! You follow the rules, you will be safe in this space!

r/CryptoCurrencySee Post

4 things whales will murder you if you know!

r/CryptoCurrencySee Post

Bitmain's Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community – Mining Bitcoin News

r/CryptoCurrencySee Post

Bitmain's Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community – Mining Bitcoin News

r/CryptoCurrencySee Post

The state of centralization of BTC/XMR hashrate

r/CryptoCurrencySee Post

Pool Centralization of BTC/XMR

r/CryptoCurrencySee Post

Badges to show crypto balance in github etc?

r/CryptoCurrencySee Post

Can you guys do a research on this DEX, im curious if it is legit

r/CryptoCurrencySee Post

Monero Might Be One Of The Most Logical Investments In Cryptocurrency

r/CryptoCurrencySee Post

🎉 Celebrating LocalMonero/AgoraDesk's 6th Anniversary! A few things we've done over the past year...🎉

r/CryptoCurrencySee Post

Question on privacy and obfuscating my coins

r/CryptoCurrencySee Post

Question on privacy and obfuscating my coins

r/CryptoCurrencySee Post

Decentralisation is the ONLY point of crypto and should be a priority in any investment

r/CryptoCurrencySee Post

Privacy coins (Zero Knowledge Proofs)

r/CryptoCurrencySee Post

Losing hope with Monero

r/CryptoCurrencySee Post

Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps – Privacy Bitcoin News

r/CryptoCurrencySee Post

Why Monero (XMR)? (Video for n00bs)

r/CryptoCurrencySee Post

Why Monero (XMR) ? (Great Video for n00bs)

r/CryptoCurrencySee Post

Monero (XMR) vs. Zcash (ZEC): Which Crypto Offers the Best Privacy?

r/CryptoCurrencySee Post

Monero is inevitable

r/CryptoCurrencySee Post

Monero (XMR) vs Zcash (ZEC): What’s your true take on the better privacy coin?

r/CryptoCurrencySee Post

Be careful with Changelly, a company that holding my 16000USDT as hostage

r/CryptoCurrencySee Post

Changelly's Unresolved KYC and Refund Issue

r/CryptoCurrencySee Post

Do YOU Value Your Privacy? I'd Like to Hear This Sub's Thoughts on the Topic

r/CryptoCurrencySee Post

Changelly's Unresolved KYC and Refund Issue

r/CryptoCurrencySee Post

What's Next for Neutral Rated Monero (XMR)?

r/CryptoCurrencySee Post

Monero Jackpot Rush: Embarking on a Journey into XMR Games

r/CryptoCurrencySee Post

Debunking myths about Monero

r/CryptoCurrencySee Post

Buying prepaid cards using crypto

r/CryptoCurrencySee Post

Looking for a KYC-Free Payment Processor for Visa/MasterCard to Crypto (BTC/XMR) Transactions

r/CryptoCurrencySee Post

My thoughts on Arkham Intel

r/CryptoCurrencySee Post

Tax question for purchases using crypto

r/CryptoCurrencySee Post

BCH strongs move means we will see more upside in the short term

r/CryptoCurrencySee Post

The Monero Chronicles: 18 fiction short stories featuring the cryptocurrency as a free e-book

r/CryptoCurrencySee Post

What are the best crypto or blockchain books you have read? Best writing or resources?

r/CryptoCurrencySee Post

So with Kucoin , the last REAL Crypto Exchange, folding under pressure. Banning No KYC , and also not allowing US Customers. Liquidity is about to vanish on many alt coins.

r/CryptoCurrencySee Post

Privacy coins arent going to make it in terms of adoption

r/CryptoCurrencySee Post

Monero (XMR) Price Jumps 35% and Makes a Strong Comeback to the Top 25

r/CryptoCurrencySee Post

PSA: Get out of Binance/BNB while you still can

r/CryptoCurrencySee Post

Seth for Privacy about Ledger Recover: “It's as bad as we thought”

r/CryptoCurrencySee Post

Surprising list: The top 5 coins by marketcapitalization without VC tokens.

r/CryptoCurrencySee Post

Did I purchase/transfer Monero correctly & efficiently?

r/CryptoCurrencySee Post

You wake up and suddenly have $250,000 in your bank account. Here’s the catch — You have to spend it all on crypto. What does your portfolio look like now?

r/CryptoCurrencySee Post

PSA: BCH pumping means DCG lost control; XMR pumping means Binance lost control

r/CryptoCurrencySee Post

Bye bye Byenance insolvency indicator is way up in the last days.

r/CryptoCurrencySee Post

To keep diversified or not?

r/CryptoCurrencySee Post

European Union Banning Privacy Coins Use? Should an European Sell All Their XMR?

Mentions

Poloniex is a scam. It has closed XMR withdrawals for many months.

Mentions:#XMR

Take a look at DERO, it’s all about privacy, fast and cheap TXs and Smart contracts. - The team is top notch, they rewrote the cryptonote protocol from scratch on Rust while also fixing some bugs which were then abused on all Cryptonote coins (including XMR) - Then they implemented bulletproofs before they were audited, and when the audit came out, all the vulnerabilities were fixed on Dero’s implementation, so they were spoted and fixed by Dero devs even before the audit. All relevant CN coins then followed and implemented this. - Then they implemented smart contracts on Cryptonote, but after releasing the beta test, it was decided that cryptonote was not the correct protocol for SCs, so they developed their own: DeroHE. Dero offers 750 TPS, SCs and absolute privacy, compared to all other privacy coins which are all vulnerable to key analysis, and very soon, quantum resistance when the next update arrives. There is literally no competition. :) And this is just the tip of the iceberg.

Mentions:#DERO#XMR

Because it works. Everything that just works is hated by someone. This also applies to other cryptos such as BCH, LTC, XMR. Boring coins. Hated for whatever reasons.

Mentions:#BCH#LTC#XMR

XMR of course

Mentions:#XMR

Why not just cut out BCH all together and transfer to another XMR wallet? It's cheaper and the ring signature keeps the address obfuscated?

Mentions:#BCH#XMR

Then anyone on the escape journey would also get paid in Monero (XMR) and would all be ordered to vanish in different locations. No one would know the location not even the person going to it as they’d be blindfolded until delivery. Use multiple pilots blind folding the ones not flying and either kill the pilots somehow at the end with them or have separate pilots for each person, maybe use multiple planes. Switch pilots every so often. Could purposely have that rumor spread and really be fleeing in a submarine or sum other mobile venue.

Mentions:#XMR

Can't have tainted coins if you use XMR?

Mentions:#XMR

Send it back to him and ask for XMR then be careful that your boat doesn't sink

Mentions:#XMR

XMR is what Satoshi intended BTC to be. BTC's fixed rate leads to it being hoarded. XMR has a (albeit small) intended inflation rate for it to be sold. XMR's inflation rate won't pass BTC's "inflation" rate from block mining until 2050\~

Mentions:#XMR#BTC

I largely agree, except not sure how you can say XMR in darknet markets "is not adoption for payments". That's literally exactly what it is.

Mentions:#XMR

Binance has about \~300 coins on offer. Proof of Reserves is \~30 coins, that's roughly 10% This is the basic business model of Binance. It holds only the most important coins and buys the others as needed. Sometimes it has to close withdrawals. See XMR. Since she announced the delisting, most of the time XMR withdrawals are closed. Since it is still the largest currency exchange, users apparently like it this way. Most of them don't take their coins away from the exchange anyway.

Mentions:#XMR

XMR is delisted on Binance and soon to be removed from the platform. So why would Binance even care about posting proof of reserve for it.

Mentions:#XMR

There is very little interest in using crypto for peer-to-peer payments. If there were, there would be: - wide adoption of the Lightning Network - adoption and value appreciation of Litecoin for payments - a semblance of relevance for Nano - people who valued privacy would go out of their way to buy Monero Nobody wants to pay using it and nobody wants to accept it: - Merchants would rather pay 1.5% to 3.5% credit card processing fees than deal with cryptos - Customers have no interest in using crypto for payments What is hyped as adoption is not adoption: - XMR in darknet markets is not adoption for payments (it's an imporant but niche use case) - you paying for VPN services or some small item once in a while with crypto is not adoption - BCH fans buying Lady Boys drinks in a bar in Thailand that accepts Bitcoin Cash is not adoption

Mentions:#XMR#BCH

ADA XMR and for fun doge and moons

Mentions:#ADA#XMR

#Monero Con-Arguments Below is a Monero con-argument written by mic_droo. > Monero is a privacy coin – the biggest and most well-known privacy coin, at that. Its main appeal is that, other than most other crypto currencies, it really is private and anonymous and it has a huge community that loves that about it. > > There are, in my opinion, two clusters of arguments that can be made against Monero: those that generally disagree with Monero in general and think it’s dangerous, and those that generally think what Monero is doing is good, but that it doesn’t do a great job at it. > > Let’s start with the first one: the argument could be made that Monero is dangerous. As I’ve laid out in my [Privacy Con-post](https://np.reddit.com/r/CointestOfficial/comments/r6syvm/general_concepts_round_privacy_conarguments/hxqgi5x/) in the last round, complete privacy enables illegal activities – one the one hand if you, for example, kidnap someone, asking for Monero is a great choice. But elites can also engage in corruption more easily using a coin like that. It can also be used (and let’s be honest, that is happening) to avoid paying taxes – which in my opinion is a huge problem as 1) this leads to governments receiving less tax money (**yes**, I think taxes are a necessary and good thing) and 2) to them being more anti-crypto. If we want crypto in general to be more accepted, Monero isn’t doing anyone a favour, some [countries are cracking down on exchanges that offer privacy coins](https://www.techtarget.com/searchsecurity/news/252512394/Monero-and-the-complicated-world-of-privacy-coins) specifically, which might also lead to less and less exchanges offering XMR when crypto gets regulated more. > > Okay, so far so good, but even if you think complete privacy is exclusively good, Monero has a few downsides. Firstly, [it might not be as untraceable as it seems](https://www.wired.com/story/monero-privacy/) – in the past there have been a few problems that might have made you identifiable, especially if you weren’t cautious enough. Even though developers have fixed past loopholes, that doesn’t mean Monero will stay untraceable forever. The IRS [famously isn’t a fan and has a bounty on cracking Monero](https://www.forbes.com/sites/kellyphillipserb/2020/09/14/irs-will-pay-up-to-625000-if-you-can-crack-monero-other-privacy-coins/?sh=3749d97585cc), and it’s naïve to assume it is *impossible* to do so. If people feel to secure now, they might be in trouble once the code is cracked. Secondly, it’s slow – with one transaction [taking about half an hour to be completed](https://www.monero.how/how-long-do-monero-transactions-take), which makes it unusable or at least very annoying for many applications. Thirdly, it’s a proof of work coin which, without going into too much detail (but see my [PoW con post](https://np.reddit.com/r/CointestOfficial/comments/r6vtbn/general_concepts_round_pow_conarguments_december/hyr768o/) is an inefficient system that is awful for the environment. Finally, Monero mining [is pretty centralized](https://bitcoinist.com/does-monero-have-a-serious-centralized-mining-problem/) making it a potential target of a 51% attack. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Monero) to find submissions for other topics.

Mentions:#XMR

Yes but whats stopping you from getting btc with kyc, withdrawing it to your wallet, for example electrum and sending btc to no-kyc exchange that will convert it to XMR and send jt your GUI wallet?

Mentions:#XMR#GUI

Just buy 10x 999 euro if you have to at the same ATM and swap your coins to XMR? Whats difficult here? You can buy any coin anywhere KYC or not and swap it to XMR, done.

Mentions:#ATM#XMR

The only valid argument is privacy. Its has less stability and less growth, more risk, and difficult to convert back to fiat. I know what OP asked for, I'm not arguing that. Im arguing against XMR being a good candidate for what OP asks for. And against your advice to OP.

Mentions:#OP#XMR

I'm not here to argue. You clearly dont understand how markets work. "Watch next bear market and see how XMR wont go down as hard as BTC" You also dont understand crypto history. BTC never went much below previous cycle high in the bear-market. BTC is close to ATH. XMR is multiples below its ATH. Heck its multiples below its 2018 high which was around the same as the 2021 high. It hast grown at all since 2017. And also in the previous two cycles it dropped faster and harder than BTC as its a much much smaller market-cap.

Mentions:#XMR#BTC#ATH

Its kinda hard to have something that has a lot of growth and also stability. Because as something grows a lot it will be subject to speculators and traders. A privacy coin that is primarily used for transactions wont have huge short and long squeezes for example. Its not ideal for growth but it is definitely stable. Watch next bear market and see how XMR wont go down as hard as BTC

Mentions:#XMR#BTC

Yup, I predict these restrictions will spread to many other countries. This has always been a possible issue with privacy coins, converting to fiat. You could have hundreds of thousands of dollars in XMR, but converting it into usable fiat currency (€/$) to buy real world goods (real estate, vehicle purchase, tuition etc) is where the real challenge begins. Most people believe they can bypass this by converting into BTC with atomic swaps etc: XMR->BTC->CEX->USD->checking acct ACH. The issue is that the CEX will ask how the BTC was sourced, if it was a gift or a sale. Your balance could be seized, similar to an asset forfeiture with LE when someone is carrying $10,000+ in loose cash. The only true bypass would be literally swapping cash in-person or mail. But this carries so much risk of theft or scamming

Mentions:#XMR#BTC#CEX

Bitcoin doesn't even prioritize the ability for users to verify the network, so why mimic it? ASICs dominate bitcoin mining. I would also argue Proof of Stake inherently takes away an independent user's ability to verify the network. Unlike XMR where 1 CPU = 1 vote, a validator with a low stake basically has no say in the network.

Mentions:#XMR#CPU

What does this mean though? Seems to affect Bitcoin too? Can I now not send more than 3k EUR of XMR to kraken?

Mentions:#XMR

#Monero Con-Arguments Below is a Monero con-argument written by FrogsDoBeCool. > cointest copied from Frogs do be cool (me) [https://www.reddit.com/r/CryptoCurrency/comments/og17m0/comment/h6m77hd/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/CryptoCurrency/comments/og17m0/comment/h6m77hd/?utm_source=share&utm_medium=web2x&context=3) > > disclaimer: I own no monero > > # Monero, some cons > > * XMR won't be adopted globally. > * Monero due to its regulation and straight-up banning on most exchanges, won't be adopted. It's pretty obvious why, but to spell it out more, people who can't buy monero, can't use it. Why not buy it on defi? it looks like defi exchanges may be able to be regulated too! meaning monero can't be exchanged for other currencies. > * The price doesn't do much > * That's because of the supply, as of now, there will be a constant amount of xmr made now than ever. That's fine as a currency, but now the price won't be doing 10x's or 5x's like bitcoin. That's great as a privacy feature and removes issues of 51% attacks, but at an expense of the price ever going up and staying up. adding to my point above, monero has no worth if it cannot be exchanged with other currencies, the price could be infinite, or $0, doesn't matter when nothing will be exchanged for it. > * its reputation > * XMR is known by people who don't own crypto as "the shady tax evader coin" or "criminal coin" and other things to do with crime. There's no doubt that in the crypto sphere the simplest fud can kill a project, remember Elon musk removing bitcoin from their payment systems? China, again, for the 45000th time... > * Its most popular wallet has some issues, mymonero > * a reddit user was quoted "I am constantly met with errors, crashes, and a frozen program" "My wallet froze and I couldn't even delete wallets or restore. I tried reinstalling and every time the problem would not resolve itself. I had to finally restore my seed on a different wallet." the response was not exactly the most in-depth or helpful. "We are aware of an issue when the computer goes to sleep or power saving mode and will be addressed in future patch." [src](https://www.reddit.com/r/monerosupport/comments/i22fd9/why_is_my_monero_wallet_so_bad_i_find_there_is/) > * the cons of monero are pretty intense, as regulation comes to push it down, other things like wallets that support monero, its reputation, and the tokenomics suffer. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Monero) to find submissions for other topics.

Mentions:#XMR

#Monero Pro-Arguments Below is a Monero pro-argument written by roberthonker. > **Taken from /u\/awhodothey's submission from last round** > > Assume no consumers ever care about privacy. Assume everyone is totally fine with all of their finances and purchase records being 100% visible on the blockchain to anyone who EVER pays or receives crypto from them once. Or assume crypto never catches on enough for casual consumers to realize they don't want every company to know every detail of their life... Monero will still succeed. Monero's real world market adoption will still continue to grow. > > Assume Monero was banned by every country in the world. Monero is the only coin who's market cap would be projected to increase even if it was completely banned, because Monero is the preferred coin of the black market, and black market activities are, by definition, already banned by law. > > The market cap of the black market is the market cap of every commercial activity that governments physically cannot stop. Monero's usage, market cap and price are increasing as the black market very slowly adopts Monero- despite the fact that most exchanges have already delisted XMR. Monero is the only multi-billion dollar coin that is known to have no chance at being listed on some of the biggest exchanges. So why is it worth so much still? Because unlike every other crypto, Monero is actually used as an exchange currency in the real world. > > The global black market is currently estimated to be over $10 trillion/year- larger than the economy of every country in Europe. If the global black market were a country it would be the second or third largest economy in the world. > > https://www.forbes.com/sites/benzingainsights/2011/11/07/rise-of-the-shadow-economy-second-largest-economy-in-the-world/?sh=4198b6cf4a0e > > The anonymity of Monero is comparable to the anonymity of cash, but Monero is much cheaper and faster than cash transfers. Further, because Monero does not need to be physically transfered or stored, it is much safer and greatly reduces the risk of violence and theft to black market participants. > > But what if every single centralized exchange removed Monero? It's too late. All the necessary pieces are already on the board. Atomic swaps with bitcoin are live, and wallets are rushing to integrate decentralized, trustless BTC to XMR exchange. Secret Network already has a tokenized version of Monero (sXMR) on the testnet of Secret Swap (a private, decentralized exchange that anyone can use without KYC). Every major crypto will be convertible to Monero. And options like "localMonero" already exist for anyone who wants to convert cash or refillable debit cards directly to Monero. > > Monero is the leading privacy coin, and the only trustless privacy coin with a network effect and proven track record of real world use. It is privacy by default, and users have no risk of forgetting to enable privacy. The Monero network is highly decentralized and open source and does not require users to trust its creators. The community is active and passionately unified around the core objectives of creating a real decentralized currency that is private. The IRS's bounty for anyone who can crack Monero is a testament to years of proven success. > > Monero is *the* crypto currency of the black market. Monero has no competition in that market, and it leaves no room for another coin to prove itself. Worst case scenario, Monero is outlawed and rejected by all law abiding citizens of the world. Monero would eventually replace blackmarket currencies and make some black market practices, like money laundering and off shore banking, entirely unnecessary. > > There is no need for slow, extremely expensive off shore banking practices that carry privacy risks (like the Panama papers that leaked account holder's names) and security risks (like the government reforms that have lead to account confiscations). Monero is cheaper, faster, easier, safer, and more private. It makes off shore banking completely obsolete. > > The market cap of gold is about $11 trillion. Low end estimate of the offshore banking market cap is $20 trillion. At $222, the current market cap of Monero is about $4 billion. When Monero's market cap reaches 1% of the low estimate of the illegal global offshore banking market, that will make each Monero worth more than $11,000. > > https://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/?sh=191f47fa6ba6 > > Monero will inevitably become a major currency of the future. Probably nothing can stop that, so you may as well think about your privacy and choose to use it to protect your perfectly legal transactions too. Fortunately, Monero is designed to be a currency, not a store of value with a fixed supply that discourages spending. > > Black market adoption will put buy pressure on XMR, and that demand will slowly drive the price up. Monero may not be the fastest growing investment opportunity, but that's what makes it a better currency. I can't name an investment that would be lower risk, or name a better crypto currency. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Monero) to find submissions for other topics.

Mentions:#EVER#XMR#BTC

XMR is the best stablecoin

Mentions:#XMR

That part is easy, but big KYC exchanges are now even starting to blacklist incoming deposits from unregulated exchanges. For example sending ant crypto originating from Tradeogre to Kraken, Binance, Coinbase etc. There are still ways around it, but closing more and more. There’s a reason why XMR, piratechain etc has been tanking and is underperforming in a bullmarket

Mentions:#XMR

Are you talking about exchanging XMR into USDT or USDT into XMR?

Mentions:#XMR#USDT

Unless you are going into XMR to go underground and tax evasion its not really smart. Its getting harder and harder to move XMR to fiat. Still possible, but will keep getting harder and harder. Only way will end up being DEX swaps with horrendous spreads/fees.

Mentions:#XMR#DEX

DAI stablecoin in polygon is a good option you can swap usdt to dai very cheap and fast, for privacy you can get XMR but it is not a stablecoin.

Mentions:#DAI#XMR

USDT then when market bottoms out get XMR

Mentions:#USDT#XMR

Yes XMR. The establishment hates privacy coins. Plus it's delisting from Binance plus it's associated with the dark web. Yeah. It's actually my favorite coin. I will have to invest in Zcash or Beam I guess.

Mentions:#XMR

Do the rewards outweigh the electricity costs? I have very limited knowledge on XMR mining, but it uses CPUs instead of GPUs correct?

Mentions:#XMR

Also XMR. Shame it's my favourite crypto, it'll explode in the future if it stays untraceable.

Mentions:#XMR

Sold off monero and xrp at a 19k USD loss in August for ROSE and ETH Within a week or two I'd made all my losses back and now have 200-300% returns on both while XRP and XMR have done literally nothing. Sad I believed the "buy it for the tech" meme.

Funny yours is XMR, I sold mine upon the news of Binance delisting it, late, so at a decent loss - however the support bounce at 100 bucks was clear as day, while being a nice psychological barrier too. The technical fundamentals obviously didnt change, making it one of the most predictable plays of the last 365 days.

Mentions:#XMR

XMR has blown me away with its performance. I got it for around $50 and hodld through the ath.. but I’m still happy

Mentions:#XMR

ADA has a higher chance to rebound unlike XMR in my opinion. Privacy coins will trigger the regulators and authorities so its quite hard for them to grow.

Mentions:#ADA#XMR

>*For mine, I hate to say it but it's Monero.* Most exchanges sell non-existent XMR coins (Monero is perfect for this) ... few people choose to withdraw coins. Moreover, at least some symbolic public control is impossible. If by chance someone wants to withdraw, then withdrawals will be closed for a very long time (see Polo or Huobi). Binance joined the ranks of services that delisted Monero ... and it turned out the same as with all the others ... if customers want to withdraw their coins elsewhere ... it is mostly impossible. (Promises that the withdrawals would be open by May 20 vanished in the wind.) So maybe that's why.

Mentions:#XMR

XMR is a great tool for making private transactions (aka buying drugs on the dark web), but I wouldn't recommend holding it as a speculative investment. The regulatory environment is just too difficult.

Mentions:#XMR

XMR is for use not investment

Mentions:#XMR

#Monero Pro-Arguments Below is a Monero pro-argument written by roberthonker. > **Taken from /u\/awhodothey's submission from last round** > > Assume no consumers ever care about privacy. Assume everyone is totally fine with all of their finances and purchase records being 100% visible on the blockchain to anyone who EVER pays or receives crypto from them once. Or assume crypto never catches on enough for casual consumers to realize they don't want every company to know every detail of their life... Monero will still succeed. Monero's real world market adoption will still continue to grow. > > Assume Monero was banned by every country in the world. Monero is the only coin who's market cap would be projected to increase even if it was completely banned, because Monero is the preferred coin of the black market, and black market activities are, by definition, already banned by law. > > The market cap of the black market is the market cap of every commercial activity that governments physically cannot stop. Monero's usage, market cap and price are increasing as the black market very slowly adopts Monero- despite the fact that most exchanges have already delisted XMR. Monero is the only multi-billion dollar coin that is known to have no chance at being listed on some of the biggest exchanges. So why is it worth so much still? Because unlike every other crypto, Monero is actually used as an exchange currency in the real world. > > The global black market is currently estimated to be over $10 trillion/year- larger than the economy of every country in Europe. If the global black market were a country it would be the second or third largest economy in the world. > > https://www.forbes.com/sites/benzingainsights/2011/11/07/rise-of-the-shadow-economy-second-largest-economy-in-the-world/?sh=4198b6cf4a0e > > The anonymity of Monero is comparable to the anonymity of cash, but Monero is much cheaper and faster than cash transfers. Further, because Monero does not need to be physically transfered or stored, it is much safer and greatly reduces the risk of violence and theft to black market participants. > > But what if every single centralized exchange removed Monero? It's too late. All the necessary pieces are already on the board. Atomic swaps with bitcoin are live, and wallets are rushing to integrate decentralized, trustless BTC to XMR exchange. Secret Network already has a tokenized version of Monero (sXMR) on the testnet of Secret Swap (a private, decentralized exchange that anyone can use without KYC). Every major crypto will be convertible to Monero. And options like "localMonero" already exist for anyone who wants to convert cash or refillable debit cards directly to Monero. > > Monero is the leading privacy coin, and the only trustless privacy coin with a network effect and proven track record of real world use. It is privacy by default, and users have no risk of forgetting to enable privacy. The Monero network is highly decentralized and open source and does not require users to trust its creators. The community is active and passionately unified around the core objectives of creating a real decentralized currency that is private. The IRS's bounty for anyone who can crack Monero is a testament to years of proven success. > > Monero is *the* crypto currency of the black market. Monero has no competition in that market, and it leaves no room for another coin to prove itself. Worst case scenario, Monero is outlawed and rejected by all law abiding citizens of the world. Monero would eventually replace blackmarket currencies and make some black market practices, like money laundering and off shore banking, entirely unnecessary. > > There is no need for slow, extremely expensive off shore banking practices that carry privacy risks (like the Panama papers that leaked account holder's names) and security risks (like the government reforms that have lead to account confiscations). Monero is cheaper, faster, easier, safer, and more private. It makes off shore banking completely obsolete. > > The market cap of gold is about $11 trillion. Low end estimate of the offshore banking market cap is $20 trillion. At $222, the current market cap of Monero is about $4 billion. When Monero's market cap reaches 1% of the low estimate of the illegal global offshore banking market, that will make each Monero worth more than $11,000. > > https://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/?sh=191f47fa6ba6 > > Monero will inevitably become a major currency of the future. Probably nothing can stop that, so you may as well think about your privacy and choose to use it to protect your perfectly legal transactions too. Fortunately, Monero is designed to be a currency, not a store of value with a fixed supply that discourages spending. > > Black market adoption will put buy pressure on XMR, and that demand will slowly drive the price up. Monero may not be the fastest growing investment opportunity, but that's what makes it a better currency. I can't name an investment that would be lower risk, or name a better crypto currency. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Monero) to find submissions for other topics.

Mentions:#EVER#XMR#BTC

#Monero Pro-Arguments Below is a Monero pro-argument written by roberthonker. > **Taken from /u\/awhodothey's submission from last round** > > Assume no consumers ever care about privacy. Assume everyone is totally fine with all of their finances and purchase records being 100% visible on the blockchain to anyone who EVER pays or receives crypto from them once. Or assume crypto never catches on enough for casual consumers to realize they don't want every company to know every detail of their life... Monero will still succeed. Monero's real world market adoption will still continue to grow. > > Assume Monero was banned by every country in the world. Monero is the only coin who's market cap would be projected to increase even if it was completely banned, because Monero is the preferred coin of the black market, and black market activities are, by definition, already banned by law. > > The market cap of the black market is the market cap of every commercial activity that governments physically cannot stop. Monero's usage, market cap and price are increasing as the black market very slowly adopts Monero- despite the fact that most exchanges have already delisted XMR. Monero is the only multi-billion dollar coin that is known to have no chance at being listed on some of the biggest exchanges. So why is it worth so much still? Because unlike every other crypto, Monero is actually used as an exchange currency in the real world. > > The global black market is currently estimated to be over $10 trillion/year- larger than the economy of every country in Europe. If the global black market were a country it would be the second or third largest economy in the world. > > https://www.forbes.com/sites/benzingainsights/2011/11/07/rise-of-the-shadow-economy-second-largest-economy-in-the-world/?sh=4198b6cf4a0e > > The anonymity of Monero is comparable to the anonymity of cash, but Monero is much cheaper and faster than cash transfers. Further, because Monero does not need to be physically transfered or stored, it is much safer and greatly reduces the risk of violence and theft to black market participants. > > But what if every single centralized exchange removed Monero? It's too late. All the necessary pieces are already on the board. Atomic swaps with bitcoin are live, and wallets are rushing to integrate decentralized, trustless BTC to XMR exchange. Secret Network already has a tokenized version of Monero (sXMR) on the testnet of Secret Swap (a private, decentralized exchange that anyone can use without KYC). Every major crypto will be convertible to Monero. And options like "localMonero" already exist for anyone who wants to convert cash or refillable debit cards directly to Monero. > > Monero is the leading privacy coin, and the only trustless privacy coin with a network effect and proven track record of real world use. It is privacy by default, and users have no risk of forgetting to enable privacy. The Monero network is highly decentralized and open source and does not require users to trust its creators. The community is active and passionately unified around the core objectives of creating a real decentralized currency that is private. The IRS's bounty for anyone who can crack Monero is a testament to years of proven success. > > Monero is *the* crypto currency of the black market. Monero has no competition in that market, and it leaves no room for another coin to prove itself. Worst case scenario, Monero is outlawed and rejected by all law abiding citizens of the world. Monero would eventually replace blackmarket currencies and make some black market practices, like money laundering and off shore banking, entirely unnecessary. > > There is no need for slow, extremely expensive off shore banking practices that carry privacy risks (like the Panama papers that leaked account holder's names) and security risks (like the government reforms that have lead to account confiscations). Monero is cheaper, faster, easier, safer, and more private. It makes off shore banking completely obsolete. > > The market cap of gold is about $11 trillion. Low end estimate of the offshore banking market cap is $20 trillion. At $222, the current market cap of Monero is about $4 billion. When Monero's market cap reaches 1% of the low estimate of the illegal global offshore banking market, that will make each Monero worth more than $11,000. > > https://www.forbes.com/sites/frederickallen/2012/07/23/super-rich-hide-21-trillion-offshore-study-says/?sh=191f47fa6ba6 > > Monero will inevitably become a major currency of the future. Probably nothing can stop that, so you may as well think about your privacy and choose to use it to protect your perfectly legal transactions too. Fortunately, Monero is designed to be a currency, not a store of value with a fixed supply that discourages spending. > > Black market adoption will put buy pressure on XMR, and that demand will slowly drive the price up. Monero may not be the fastest growing investment opportunity, but that's what makes it a better currency. I can't name an investment that would be lower risk, or name a better crypto currency. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Monero) to find submissions for other topics.

Mentions:#EVER#XMR#BTC

You mean like a modern money laundering and tax evasion dream? 😂 Governments and banking systems go out of their way to make sure such things don't exist. Even if you have an untraceable crypto like XMR you still have to have records to show where the money came from if you're doing any type of business.

Mentions:#XMR

Projects that have been around for a while that have shown their lasting power and 'relative' stability such as ETH, XMR, LTC, BCH, XLM, ADA

Monero XMR is the king of Crypto Currency: secure, private, untraceable currency that is open-source and freely available to all. And its been doing it like no other for the last decade now. All the rest is pump & dump useless "coins".

Mentions:#XMR

I am using Monero Ocean Pool currently, which a pooled cooperative of sorts. They have the ability to change what is being mined based on current crypto mining prices. When something becomes more profitable, they switch the pool members mining efforts. I get paid directly to my Monero wallet every day or two. I promise you won'ts get rich quick, but it is fun and you do end up with profit and you get paid directly in Monero. So, in a nutshell you download Mornero Wallet, which then downloads the entire blockchain to your hard drive (Large amount of data). Over 120GB. So, you are esentially synching, validating and running hashes againsta a local host of the block chain. Once you create a new wallet (DO NOT LOSE the Wallet name, passwords, etc. Write it all down. From there you download he correct version of XMRig software. You will insert your Monero wallet public Key into the XMRig .CFG file. That's how you get paid. When you initially run XMRig, it will stress test your machine and optimize it for best efficiency based on your hardware speed. If everything is configured correctly, you will start to automatically receive jobs from the pool, which your CPU will process and complete each job. You can choose to get paid for lower minimums than default if you like, which I opted in to. Depending on your hash rate, you will get paid every couple of days or more whenever you hit the payout minimum. The pool will send XMR to your wallet. I am running a raw hash rate of about 2k/sec, which isn't bad, but it's not 27k h/s, which the AMD EPYC 7742 64-Core Processor can achieve. To put it in prospective, the 7742 tricked out can generates up to $27/month. However, the average hash rate for the general public is about 500h/s. I am running actually a Intel (AMD is better) 8550 at 2000h/s. I'm using 6 of 12 threads and 8GB out of 40 GB in DDR4 ram. This computer is still quite usable, but I do stop mining if I am trading JIC. Go here to get started: https://moneroocean.stream/ Click on Help for the instructions. I'm no expert, but I will try to answer any questions that I can for you. It seems complicated, but in hindsite, it's not that bad. Get wallet, download XMRig, put your Wallet Public key in the config files, where it tells you to, and Run XMRig as adminitrator and everyting else including getting paid happens automatically.

Mentions:#CFG#CPU#XMR

XMR is the way to go

Mentions:#XMR

What are you talking about? Monero (XMR) is as currency as currency gets.

Mentions:#XMR

"functioning society" I live in country run by corrupt socialists, all they care is tax me like there is no tomorrow, I don't mind being taxed but I would like to see the money being well spent. I use cash whenever I can, and I intend to keep storing part of my earnings in untraceable crypto (XMR), still not enough to call it a savings account, but already is my piggy bank.

Mentions:#XMR

You can mine it. Or buy it with cash from our #1 banner sponsor localmonero.co or use samourai wallet atomic BTC/XMR atomic swaps, p2p no middleman. Plus you can still buy it on kraken cause u/jespow is based and their organization still seems to value giving consumers an option to access the most widely used and private by default cryptocurrency, very much in the spirit of one of the founding documents of this movement: activism.net/cypherpunk/manifesto.html But ya, scammers at Binance delisted it so I guess it's garbage... 🙄

Mentions:#BTC#XMR

XMR has a real use case

Mentions:#XMR

LTC, BCH, XMR and XNO are about spending. They are what Bitcoin was always about before the investor mindset set in. But what will happen once BTC is fully capitalized? People will look for coins that actually work, have privacy guarantees or are cheap. Everything that BTC is not. The only question is when will speculation start regarding real use cases.

Yes because you are hoping XMR and ADA numbers go down forever right?

Mentions:#XMR#ADA

There are no real use cases for super expensive BTC or ETH. They will adopt low fee USDT (on Tron) even if it is a scam. And maybe LTC, BCH and the smart ones XMR.

Well, Monero XMR and ADA still exists so the fight is not over yet. Too bad 99% of crypto ppl only want number go up.

Mentions:#XMR#ADA

LOL. Super high fee coins or FDT (fiat derivative tokens). I am sure that will fly. /s It's super easy to accept coins that are designed for payments like XMR, LTC, BCH or even NANO. I don't want grab to know my wallet balance so privacy is a must here.

trade it for XMR and use localmonero as offramp

Mentions:#XMR

I’m a law abiding citizen and pay my taxes. I don’t do illicit activities so XMR is not for me. Great for criminal activity and money laundering, but a taint on the crypto space

Mentions:#XMR

People don’t even know about XMR yet. How could they? They don’t even understand why paper money is shit.

Mentions:#XMR

Look at XMR performance vs real coins like btc

Mentions:#XMR

That's exactly why I hold BCH/ADA mainly. Few cool projects as a maybe (ICP, AR, ATOM). XMR... Nah, I have none, it's all lost in that tragic accident. And BTC as a speculative asset.

Imagine pushing ETH instead of XMR for payments.

Mentions:#ETH#XMR

It's one reason why there is a premium for DEX. Those who can manage the risk can profit tremendously. Those who can't should rely on reputation. As BTC is traceable you might have a problem as well my friend. Or you need to exchange your dirty BTC for clean XMR first. This kind of scam can be done in many different ways. The problem are really people that fall for this kind of scam.

Mentions:#DEX#BTC#XMR

Atomic swaps? Heard you can swap BTC for XMR.

Mentions:#BTC#XMR

Haven't used Binance since they delisted Monero XMR. They can go bankrupt for all I care.

Mentions:#XMR

All money that ive put in would only buy me an low end to average GPU for my desktop, but if I sold all the crypto I have, it would be enough to get a pretty good gaming rig (GPU included). Witch is nice because apart from DCAing in the last year I also invested in 2 mining rigs to mine Monero XMR, the mining part is defiantly not profitable, but all things considered, the HW is paid and the rest is profit.

Mentions:#GPU#XMR

I hate that nobody’s comparing XMR to BTC

Mentions:#XMR#BTC

I also like XMR long term it will imho explode.

Mentions:#XMR

I have to disagree with you on #5 a VAST majority of illegal activities use and prefer fiat currency specifically USD especially in in the illegal drug and weapons trades. Remember you really can't trace a cash transaction. With the expectation of XMR and a few other privacy tokens every other token or coin can be traced back to its genesis.

Mentions:#XMR

OP isn't even holding or trading XMR yet this guy posts this spam copy paste post about which exchanges to trade XMR. Like how does XMR status on exchange impact what OP is trying to do?

Mentions:#OP#XMR

Only crypto of value I see there is XMR. All those others look like your typical trash token.

Mentions:#XMR

It’s not spontaneous, this has been going on for years, and of all the coins to be keeping on an exchange XMR is not one of them 😂

Mentions:#XMR

Had to sign up for a waiting list. A day later and I was able to send all XMR to another wallet. Yes it sucks, but it works :)

Mentions:#XMR

Thanks for the advice, If you were to use that 8k how exactly would you split it up? I was thinking of doing XMR/BTC/ETH + Doge coin once it inevitably crashes back down.

Mentions:#XMR#BTC#ETH

XMR biggest plus is also its biggest downfall. True Anonymity sounds awesome, but means no government or legit business would ever utilize or allow it. So no adoption ever except for mainly criminals. That’s not a positive outlook for price appreciation. It’s nice to have available if you want to send money anonymously but I would never invest in it if you looking to make money.

Mentions:#XMR

Yup, this is all true. I'd be happy if XMR succeeds long term, but I don't hold any.

Mentions:#XMR

Split your funds into four assets. XMR, sure, could be one of them. It's the only fully functional privacy coin which is private by default. You should have some funds in BTC/ETH. Everyone should. That leaves a risky one, for the gamble but *possibly* the biggest gains. Your call there, I don't like to recommend anything other than the three above.

Mentions:#XMR#BTC#ETH

[Just had a zoomed out look at the XMR/BTC chart](https://imgur.com/LCAV1Jp.png) lol that's brutal Nothing against XMR, I like it technically, it actually solves a problem but that chart really drives home the fact the Bitcoin is king.

Mentions:#XMR#BTC

The narrative isn't as strong with XMR as it is with other coins. It's old, often ignored. The bull run likes new, shiny things. BTC is hot because it's the OG and institutions want it, and SOL is hot because it's ETH closest competitor, is fast, cheap and has memecoins. They're safe bets. Beyond that, DePIN, AI, and gaming are looking like this bull run's hot narratives. If I were you, I would throw most into safer bets like BTC and SOL, and then a little into the narratives I mentioned above. It's worth doing your own research for that part. Find projects you really like. But to get you started, check out RNDR (AI/DePIN) and IMX (Gaming).

Hey guys, I am 17 years and looking to get into crypto trading. I won $8000 gambling on csgo and I was wondering what coins would be good for a long term investment (1-3 years). I noticed that XMR has had very good runs in the past and seems to be approaching another bull run based on its past cycles. I am very inexperienced and have only spent about 2 days looking into this so be gentle.

Mentions:#XMR

How is XMR that high, it's barely mentioned on here

Mentions:#XMR

Swap XNO for XMR and back to XNO in another (new) address before sending to someone (to a new address as well). Clean, no traces.

Mentions:#XNO#XMR

XMR has a tail emission of 0.6 Monero per block in perpetuity. However, over time and as the total supply grows, the inflation RATE is asymptotically zero.

Mentions:#XMR

Got bored during Covid (end 2020) so took some time to read about crypto. I seriously tried to understand all about blockchain's and so on. Okay, I might be 60+ yrs but I'm not stupid (I thought.. ghe ghe). Ended up buying NPXS (PundiX now) because I figured that this was (at least by then, one of the) the only crypto with a irl-use-case ánd it's main purpose was (and still is, I think) making transactions of all kinds of crypto easy between retailers and consumers. Whether it's gonna be PundiX or one of the direct competitors by now (like LTC, Nano, XLM, DASH, XRP, XMR) who's gonna win that proposition: I still believe that if crypto becomes broadly accepted (and it probably will), that the winner of the irl-exchange between consumers and retailers 'is on gold'. Anyway, short after I ended up buying NPXS, the denomination/transition to PundiX gave me a fantastic loss ;). After a few stupid mistakes, I started to DCA and bought some BTC and ETH as well. By now I start to see some 'light'-green figures. Not sure what to do .. take out my invested dimes having no loss or hodl.

I use Kraken only for XMR

Mentions:#XMR

I don't know if Zcash has enough improvements vs XMR to overcome XMR's network effects or switching costs

Mentions:#XMR

They were gonna do XMR then quit on it. They spent a lot of time in the Monero subreddit crowing about it just for it to come to nothing. But ultimately they were relying on multisig to hold funds. One issue/reason is XMR has even less scripting abilities built in than bitcoin. Like basically none.

Mentions:#XMR

Well there is [Thorchain that does native swaps directly wallet to wallet](https://app.thorswap.finance/dashboard) as well and I honestly thought XMR would be on thier list by now. but I think all these places/projects avoid XMR for the exact reason people love it. Accountability and privacy. or as governments see it "money laundering/tax evasion". Same reason that they[ slam devs involved in mixers](https://techcrunch.com/2022/08/12/suspected-tornado-cash-developer-arrested-in-amsterdam/) when they want to. I am not saying it is right I saying that's how it is. The reality is most people dont want to meet at a coffee shop to pay their bills.

Mentions:#XMR

I mean, how are banks in compliance with AML/KYC when customers deposit cash? It seems like if you treat it similar to that they'd be hard pressed to say it's not satisfactory. But yes, when exchanges are already under attack with lawsuits and such, it can be easily seen as not worth the risk. That's why Coinbase and Gemini list absolute trash why avoiding Monero. And it's one reason I have massive respect for Kraken, which offers XMR everywhere they legally can, which currently I think is everywhere they operate except UK and Australia.

Mentions:#XMR

I mean I can sell on Kraken and go straight to my bank account. And if I'm on record buying XMR, there's no reason to ask where it came from. Or I can swap it into LTC or USDC at like dozens of places. But yeah I agree once you buy XMR don't plan to cash it out. Just spend it on goods and services like God intended. I bought my coffee with it last week. I spend it kinda regularly. It's the only one I spend except the rare occasion when a shop is BTC only, then i swap XMR>BTC for the payment. The XMR economy is bigger than people think.

When I sell to people for cash I just meet them at the coffee shop. People also play 8-10% over market price to buy with cash Dex's are limited. It's basically just Bisq and Unstoppable Swaps. LocalMonero and RoboSats aren't DEXes per we, but are peer to peer. Serai and Haveno have been in development for awhile, but we will see. For various reasons, XMR is not really compatible with something like Sushiswap. A bridge could be built, but not really any a way where cashing out your wrapped XMR is be guaranteed. Of course other bridges get stolen as well and get built anyway, but the XMR community generally is not supportive of such efforts.

Mentions:#XMR

You don't need to do any sort of EAE analysis when the amounts match. That's just classic detective work. Anyway, you can avoid this if you just use your XMR directly on goods and services instead of trying to "anonymize" BTC with it

Mentions:#XMR#BTC

This is incorrect. XMR used correctly is totally anonymous. However if you frequently transfer an exact amount between a KYC CEX and your monero wallet, they can identify you. This has happened to someone who made a great many transfers and tried to "wash" the trades via XMR. The ploy failed because there was enough detailed information (namely, each transaction from the XMR wallet was *exactly* equal to each transaction into the XMR wallet) to unwind the ring. If he had made two or three hops instead of just the one into his waltet, *then* it would have been impossible to trace. Alternatively, could have less dumb and not send and receive the exact amount with each transaction instead of breaking it into random pieces...

Mentions:#XMR#CEX

Sorry english is not my mother tongue, I don't see what you mean by "blocker". Also BCH and XMR have the same scalability problem (and as far as I Know, xmr is not the same tech), it's just that they are less used.

Mentions:#BCH#XMR

Bitcoin is gonna be fighting XNO and XMR for a while. The little guys are gonna win the war by attrition long term. Soon I think the other proponents of other currencies will admit defeat and choose to come to those two. If all the wasted energy on garbage had gone into nano and Monero from the beginning they would have already surplanted bitcoin

Mentions:#XNO#XMR

Convert to XMR and sell it on Local Monero for cash by mail. Never put any of it into your bank account. Buy prepaid debit cards with cash at the store and use those for situations where you need a debit card. There are also services like Cake Pay and CoinsBee where you can buy visa and other gift cards with cryptocurrency.

Mentions:#XMR

BTC was meant to be like XMR...unfortunately people care very little about financial privacy, they just won't admit it.

Mentions:#BTC#XMR

XMR is always a buy just good luck finding it

Mentions:#XMR