Sorry if this isn't the place to ask

>Monero is the only way out of being bent over by governments.
No, they still have a large number of very easy methods to catch you. All crypto is scams. There are no exceptions. You fell for the marketing ruse.

You can't extract any useful metadata out of a Monero transaction, even tx timestamps are useless due to mixins, and everything else is gibberish due to ringct
Thanks for proving again you have no idea what you're talking about

That's not what the metadata is. Metadata is all the other information about the traffic you generate from interacting with the network itself. You're focusing on the specifics of the protocol that are not at all relevant to this. Actually there's even some other data right here the feds can access to identify you, it's your IQfy posts where you publicly announce that you bought drugs with XMR.

You know people trade real things with Monero, right? It's probably the only crypto that has little use outside monetary transactions, it's pretty awful as a speculative asset since there's no new gibberish ahead ever, Monero developers and most of the community are entirely centered on the privacy aspect

The privacy aspect is also garbage and useless. All cryptos are speculative assets and therefore scams. There are literally no exceptions.

They can tell you used Monero and broadcasted a tx, that's all they can make out of that metadata
Anything else is impossible currently, they can't tell if you paid someone, amount of Monero you had, or if you received any Monero, they can't even tell your wallet address
Simply using software isn't enough to prosecute someone yet

They really don't need to know any of that. All they need to know is that you acquired the illegal drugs. Using some privacy meme coin will not stop them from catching you with the drugs physically in your hand. They will use various pieces of metadata (your interactions on this forum and on the darkweb and on the XMR network itself generate tons of it) to triangulate your activities and your location and then catch you in the act. Then they will arrest you and threaten you until you tell them where you got the drugs.
It is quite humorous how I always have to explain the basics of how law enforcement works to you stupid shills.

I literally just told you interactions with the Monero blockchain doesn't generate much if any metadata, keep being moronic though

go back smoothbrain

Monero is a lel moon meme coin. All crypto is lel moon meme coins. There are no exceptions.
And your history is way off. Bitcoin never promised anything about "le privacy" and Monero does not deliver any of those promises anyway.

>Have you looked at the code?
i love it when y'all say this shit, as though it's a gotcha. no, i didn't "look at the code" for every one of your 20,000 scamcoins. if i did, presumably due to not having a life, i would find the same dubiously legal shit that enables just enough to fuel some speculative hype so that the creators can pump pump pump before they dump.
why are you even bothering, i will NOT believe your lies about your "super special magical coin". no, i do not believe it if you say this one is actually unique and special. go find your rubes somewhere else like on

[...]

>what you can't understand
i understand that cryptocurrency markets as a whole cannot survive without a constant influx of new money in the form of gullible losers being baited in by existing users running scams.
can you trade this crypto coin for other crypto coins? can you trade this crypto coin for USD somehow? if the answer is yes to either or both (most likely) then it is a SCAM. even if what you claim is true about its tracking-proof nature, this just means it may be a well-built scam. eventually, the "rug pull" will happen, it is only a matter of time. enjoy.

>Hur dur u glow
Cope. You can't even explain how this shit works. Please explain what you think makes it so the feds cannot be the ones planting the drug listings on your darknet marketplace, where they need to gather your address to find out where to send it. Your scam coin is not it. The "privacy" is a literal meme.

Why should they bother cracking monero when they can already catch you in an 100% foolproof way without doing it. You don't know jack shit about who you're buying from. The "privacy" only helps the feds conceal themselves from you. It's a fricking meme anon, you're bought into this bullshit like all the other gullible rubes.
This is not even getting into the easy by which the feds could conduct a 51% attack on a garbage shitcoin like XMR.

now I know youre talking out of your ass. oh well, here's your ((you))

Nope, see above. Monero is straight garbage, and a scammy shitcoin to boot. All crypto is scams. There are no exceptions. Anyone with basic knowledge about digital ledgers can see that it's total shit. This is why we banned you con artists to IQfy.

>and privacy-first currency prevents the government from tracking what you're doing.
It does nothing of the sort. The government can still track you through any other methods. Technically no crypto can even be called a "currency" because the value is fundamentally unstable as it is based entirely on recruiting new rubes into the scam to make number go up. They are literally all scams. All of them. There are no exceptions.

Ok glower! You still seem like the type of guy to call everything you don't understand a scam. Explain to me how you'd send $ without a govt knowing. Look into the tech, I'm not hyping up zcash which is a scam (% of every transaction there goes to the devs), Monero uses multiple different techs to keep it untraceable.

>Government fiat money is not based on recruiting new rubes to make number go up.
It literally is. It's just a piece of paper or number in a computer. The reason it has value is because people either buy into the meme, or are forced to buy into it by the US military. It's the exact same thing, just on a bigger scale.
Next thing you'll be telling me is that social security isn't a ponzi scheme.
>Technically all crypto is also "fiat" anyway, it has no inherent value.
The value for xmr comes from the privacy it provides.

>The reason it has value is because people either buy into the meme, or are forced to buy into it by the US military.
No, that is not why it has value. It has value because the fed sets monetary policy to give it a specific value, backed by the entire economy of the country. It is explicitly NOT based around "number go up". Even if no one was using it it would still have value as it this value comes from the trading of REAL assets and property owned by the government and its citizens. And if the government dollar collapsed, these assets would still be around and you could fix the economy by creating a new currency based on those assets again. In crypto, you can't do anything like that because there is no value, there are no assets, no profits, no nothing. You can't build a house out of your shitcoins.
>Next thing you'll be telling me is that social security isn't a ponzi scheme.
No, social security is not a ponzi scheme. You are repeating another stupid low IQ coiner cope meme. Social security is not an investment scheme promising profits. It is a retirement program paid for with taxes.
>The value for xmr comes from the privacy it provides.
No it does not. The value of XMR plummeted last month along with BTC because it is literally just another shitcoin with no actual value.

>The fed tries to keep it at a certain value, but that eventually fails. The fed serves the federal government and their own interests, not you.
This is yet another stupid smoothbrain coiner meme. Why would the fed purposely destroy the value of their own currency that they need to have a stable value so they can accept tax payments? You really didn't think about this at all, you're just spewing memes.
>It's based around 'number is less unstable than everything else.'
Which is decidedly different from "number go up". Basing around this means you can actually use this as a medium of exchange, kind of like, oh I don't know, a CURRENCY. That thing that crypto is completely useless for because the value is random.
>So you agree that it has no value in itself. You either have to buy into the idea that it's useful (I'm not saying it's not useful, just that it requires people to believe that it has a use, just like crypto)
Yes, fiat money doesn't actually have an inherent value. But crypto also gets its value from "fiat". The difference is nobody believes crypto has a use except the stupid rubes. It has no use. The use of fed money is very clear, it functions as a medium of exchange because the fed guarantees it's going to work that way. Crypto does nothing like this and cannot do anything like this because it is based on nothing except computer programs generating large sequences of random numbers, which people then lied to you and tried to tell you it was "scarce" because these random numbers are somehow supposed to be different from other random numbers for no reason.
>Then why is it set up and run exactly like a ponzi scheme?
It is not. A ponzi scheme suckers new investors in with promises of profits. Social security is not promising a profit, it is promising to put away money later for retirement savings.

You know exactly what I meant you dork, stop nit picking. I'm not going to write out the difference and relationship between the fed and IRS for the purposes of this dumb conversation with you stupid scammers who should have been banned from this board hours ago. Where are the jannies?

I literally just told you interactions with the Monero blockchain doesn't generate much if any metadata, keep being moronic though

It generates plenty enough to locate you and track your activities. Keep buying into the scam, I'm sure you will become rich some day. But not really. Also, you are a drug addict, seek a rehab doctor.

[...]

>monero's not some shitcoin. it's basically the only true to intention "crypto" as it's untraceable.
Monero is literally a shitcoin. No crypto is "untraceable" anyone saying this is lying to your face.
>xmr is gonna survive just fine without needing to "go up in value"
No it won't because no crypto can survive without doing this. The inherent value of all crypto is a big fat ZERO. Some scam artist has to pump and dump the price at least once for it to have any value at all.
>everything else is secondary and derived entirely by it's value to pay tax.
Even if this were true (it isn't), that is one more thing than all crypto derives its value from. The value of crypto comes from nothing.
>Privacy is hard and you have to work hard to have it.
It is almost like "privacy" means a whole range of actions and behaviors that you must practice all the time to avoid losing it, and cannot be provided by using some shitcoin. No wait, that cannot be right. Just buy the shitcoin, give us your money. Yeah, that's more like it.
>there's an amendment that protects you from unnecessary or excessive search and seizures.
It's not unnecessary when the already know you have drugs.

So what metadata Monero generates? Can you point me to it and show how it's easily traceable through metadata?

>the inherent value

>It generates plenty enough to locate you and track your activities.

Untrue, unsubstantiated, and misleading claim.

>They don't want to destroy the currency, they want to use it to help themselves and their friends get rich.
You are dangerously close to turning this into some israeli conspiracy meme. Don't do it, you will reveal yourself as a schizo.
Anyway the same can be said of everyone trying to pump and dump a shitcoin on you. Which is everyone who wants to sell you cryptocurrency.
>Which is exactly what monero is meant to do.
What it's meant to do is different from what it actually does in reality. It is not untrackable nor is it currency. Its value is not stabilized as it just plummeted along with every other crypto. It is by all definitions, a shitcoin.
By the way, it's also quite humorous how I have heard variations of this meme for every single shitcoin. Dumb rubes like you existing this one is different while they all rise and crash in concert together. The entirety of crypto is one giant ponzi scheme all linked together by the same underlying bad assets. Even more hilariously, those assets are all denominated in that dirty fed fiat money you hate so much, right now it's USDT.
>Math guarantees that it's unique
"Uniqueness" does not confer value. My feces are unique, I'm now going to mint a literal shitcoin out of it. Pay me for it.
>which I have a lot more trust in than the federal reserve.
>The cryptography behind cryptocurrency (and cryptography in general), is very interesting, I'd recommend reading about it.
I have read tons about it. The cryptography is the one part that actually works. Everything else about it is bad. The decentralization makes no sense and is useless, the economics is royally fricked, the consensus algorithms are unbelievable garbage, smart contracts are an insecure trash fire, the "privacy" is a lie and a scam, I could go on here. Everything else about it is absolute trash.

And there it is, right on schedule.

>all this seethe and cope
see you in 10 years, bootlicker

>Confirmed glowBlack person or glowBlack person simp.
This is another loq IQ coiner meme. You don't have to simp for the fed to hate scammers. All crypto is a scam. No exceptions.
>Do you honestly believe that the people in power have your own best interests at heart? That they wouldn't sell you out to enrich themselves?
No and no. What you need to ask yourself is this. Do you honestly believe scammers trying to pump and dump some random shitcoin on you have your best interest at heart? That they wouldn't rug pull the token to enrich themselves when it already happened hundreds of times? In before "but I trust these guys they are legit they have my best interest at heart", I will fricking lol if you say that.
>XMR rose significantly against BTC during the crash
This means nothing, BTC is not a real currency. Its value is also random.
>because it is used for trading hard assets
Which hard assets? How does that factor into the valuation? You will try to say some random shit to explain this, but it will be a failure: the token itself is not valued in any hard assets. It never will be unless there is some CENTRALIZED entity holding the hard assets. That is called a "stablecoin" which at least has a stable value but is still a scam for other reasons. XMR is yet another shitcoin with random issuances whose "value" is based on vague promises that can never be fulfilled, that is being pumped up by ponzi scammers, whose actions are separate from the buyers, whose actions are fundamentally disconnected from the actual exchange of the token anyway.
>it's price is not fully determined by hype and 'number go up'
Then what is it determined by? What is the REAL hard value of one XMR?
>when the bubble popped, it fell a lot less than everything else.
Ok and? It still fell a shitload.

>No.
You can stop shilling your shitcoin now.
>So do you think that the people in power are there for your own benefit, or to gain power and wealth for themselves?
Already answered. No.
>But muh purchasing power
Awful meme, see here

That means nothing, the darknet is also heavily monitored by the fed.
[...]
Another stupid coiner meme. The change in purchasing power is irrelevant because you are not supposed to hoard currency. Currency is a MEDIUM OF EXCHANGE. No one is holding dollars in a bank account from 1915 and expecting to get returns from that. You're supposed to take the money out and use it actively invest in productive activities and to trade for things you actually want. You are literally caught up in the meme of HODLing and "number go up" while trying to deny it.
>Stable rate of what?
A stable rate of exchange for whatever the item is. Usually it's is taken from forex rates and then applied from there.
[...]
No it is not. Your "stateless money" requires a functioning government with stable infrastructure to provide reliable internet and electricity across large areas of land and also a functioning military and police force to prevent the mining equipment being stolen, not to mention someone breaking into your home/business to steal your private keys. It is also not a currency it needs to function as a medium exchange to do that, which it never will be because the value is not stable and it is impossible to make it stable.

>All of the dark web.
This is not a hard asset. You don't understand how this works. No one is holding those assets and guaranteeing they will redeem them later for the same price.
>>this value comes from the trading of REAL assets and property
No you misunderstand what that statement means. The difference is that the fed GUARANTEES that those assets and property can be redeemed at a specific price with USD. Not so with any cryptocurrency. The prices and exchange rates are totally and completely random.
>The need for a private currency for dark web markets
This is not explaining anything, you're just repeating a marketing line. You need to show the actual math with supply and demand curves explaining WHERE the numbers are coming. You won't do it because there isn't any. The math around the cryptography may work but the "math" (if you could even call it that) around the economics is based on absolutely nothing.
>and for any other private transactions or storing value.
Crypto is an incredibly bad store of value that dramatically crashes at random, so this one is just wrong.
>It's value was far more stable than basically everything else.
And it was still incredibly unstable.
>but I do say that it has a significant, real value due to its extensive use as a private currency.
This is circular backwards reasoning again. That is NOT what gives it value. If you actually believe this, show the numbers. You will not do it because they don't exist. There is NO way to value any crypto as a private currency because these tokens are fundamentally unstable and worthless. They're not currencies. They are a scam.

>I'm talking about buying goods and services, which are both hard assets that monero is used as a currency to conduct transactions for.
That does NOT mean the hard assets have any relation to the price of XMR. The actual "value" that people pay for those items in XMR is actually denominated in, you guessed it, the exchange rate of USD to XMR. This exchange rate is random and unquantifiable because it is based on ponzi schemes, the same ponzi schemes that gives all crypto their value, because all crypto has no inherent value and is a series of ponzi schemes linked together.
>Are you talking about treasury bonds? A mortgage isn't backed by the FED.
It is not specifically that the mortgage itself is backed by the fed. The fed doing what they do is the reason you can have a mortgage at all. No one would take out a mortgage if the value of the currency (and therefore the loan) would suddenly change randomly in a day. This is why there will never be crypto mortgages or real crypto loans. (The current "defi lending" companies you see shilled on IQfy are all blatant ponzi schemes taking their yield from other ponzi schemes)
>but here is a chart of the daily number of XMR transactions
This is not meaningful information. You don't even know how many of those are real transactions, they could be wash trades or exchanges moving money around.
>It obviously has a real value because of its use as a private currency.
No, this is circular reasoning again.
>I can't tell you exactly how much value is from speculation and how much is from its use as a currency
Then you cannot determine what the actual value is to any meaningful approximation. It could be 99.99999% due to speculation, actually it is more like 100%, because all crypto is inherently worth zero.

>Then you cannot determine what the actual value is to any meaningful approximation.
You can infer it from the fact that it's used as a currency for the sum of all dark web transactions and that it is far more stable (relatively so) than the rest of cryptocurrencies.

>No you cannot because that cannot be quantified in any way.
>he can't make inferences

That will never happen. The technology of crypto is beyond garbage and governments know it. CBDC is a literal meme and blockchains are literally useless. They solve no problems that were not already solved better by something else. Their main technical achievement is proof-of-work, a system to intentionally make things more expensive and force people to waste energy on entirely useless computations.
[...]
Stop with these dumb coiner memes. If you were really cool and went full doomer you'd say nothing is worth anything because you can just steal everything.

>CBDC is a literal meme
China has been making progress on it.
https://www.csis.org/blogs/new-perspectives-asia/chinas-progress-towards-central-bank-digital-currency
I believe it will be similar to how democracies won over kingdoms. The large kingdoms collapsed under their own weight, and were replaced with something slightly less shitty.

That will never happen. The technology of crypto is beyond garbage and governments know it. CBDC is a literal meme and blockchains are literally useless. They solve no problems that were not already solved better by something else. Their main technical achievement is proof-of-work, a system to intentionally make things more expensive and force people to waste energy on entirely useless computations.
[...]
Stop with these dumb coiner memes. If you were really cool and went full doomer you'd say nothing is worth anything because you can just steal everything.

>If you were really cool and went full doomer you'd say nothing is worth anything because you can just steal everything.
That's the truth though. Absolutely everything is subject to decay.
Whenever you gain something, you're concerned about losing it and not having enough of it. Whenever you lose something, you wish you could have it back.
You can't actually hold onto anything, you can just have slightly more control over it than the rest of the world.
That constant uneasiness about life, of never being at rest, will never go away as long as you are concerned with gain and loss. You are subject to death, pain, illness, stress, etc, and there's absolutely no way to avoid it.
The only way to truly stop suffering on account of the constant daily fight against decay is to abandon that which decays on a spiritual level, which is literally everything, including your own sense of self. However, passion for pleasure and liability to pain keep people (including myself) from doing just that and becoming a monk.
https://www.dhammatalks.org/suttas/KN/Dhp/Ch05.html
>‘I have sons, I have wealth’–
>the fool torments himself.
>When even he himself
>doesn’t belong to himself,
>how then sons?
>How wealth?

>Ok, I still am not giving you my money, or my nice new car.
I'm not asking for it.

>The life of a monk is spent doing long hours of manual labor. You still need to feed yourself. Your spirit can't abandon your stomach.
I never said that. The point would be to abandon your own concern for life so that even if you were to die, or have something else horrible happen to you, you wouldn't suffer on account of it. I never said you would stop eating.
https://www.dhammatalks.org/suttas/MN/MN21.html
>"Monks, even if bandits were to carve you up savagely, limb by limb, with a two-handled saw, he among you who let his heart get angered even at that would not be doing my bidding. Even then you should train yourselves: ‘Our minds will be unaffected and we will say no evil words. We will remain sympathetic, with a mind of goodwill, and with no inner hate. We will keep pervading these people with an awareness imbued with goodwill and, beginning with them, we will keep pervading the all-encompassing world with an awareness imbued with goodwill—abundant, enlarged, immeasurable, free from hostility, free from ill will.’ That’s how you should train yourselves.
>“Monks, if you attend constantly to this admonition on the simile of the saw, do you see any aspects of speech, slight or gross, that you could not endure?”
>“No, lord.”
>“Then attend constantly to this admonition on the simile of the saw. That will be for your long-term welfare & happiness.”

heres another paper (I didn't bother reading) that might interest you
>several new cryptocurrencies were designed to guarantee transaction privacy and anonymity for their users (examples include ZCash, Monero, etc.). However, the anonymity provided by such systems appears to be fundamentally problematic in current business and legislation settings: banks and other financial institutions must follow rules such as “Know Your Customer” (KYC), “Anti Money Laundering” (AML), etc.
>In this paper, we propose a novel design principle for identity management in Blockchains
>the ID layer can work on top of the consensus mechanism of a permissionless blockchain
https://eprint.iacr.org/2020/1511.pdf
(the central bankers are raping nephews onahole)
https://www.bis.org/publ/arpdf/ar2022e3.pdf

while we're at it, look into ID2020 -- natural asset corporations -- carbon markets -- and "impact investing"
https://unlimitedhangout.com/2021/10/investigative-reports/wall-streets-takeover-of-nature-advances-with-launch-of-new-asset-class/
https://unlimitedhangout.com/2021/11/investigative-reports/un-backed-banker-alliance-announces-green-plan-to-transform-the-global-financial-system/
https://impactmanagementproject.com/
listen to this talk given the other day (IOSCO, IAIS, NGFS, Basel Banking Committee, FSB, ISSB) : https://www.youtube.com/watch?v=_wIzjlYZP7w
you may skip to Sue (ISSB), Sabine (NGFS), and Martin (IOSCO). this talk focuses on carbon markets.

This youtube channel is good.
https://www.youtube.com/c/HillsideHermitage

I like Thanissaro's too.
In regards to mediation, I don't do much focusing mediation, what I do is think over the ideas that I've read and heard and apply them to myself in the present.
For example, I quoted the simile of the saw in a previous post. After doing that, I imagined myself being cut up like that and not having any ill will against whoever is doing it. Immediately afterward, whenever a concern for my life arose, I thought back to that simile, and kept sustaining a lack of aversion toward those concerns, and I ceased to suffer on account of them.
Keeping ideas about death, decay, Buddhism, not-self, etc, in the back of your mind will help put you towards the right path.

All this business about confirmations, reorgs, front-running, orphaned blocks, MEV, gas fees, etc is fricking stupid. You know for a fact that it's fricking stupid and you shouldn't need to even know about this bullshit to make a goddamn payment. These are stupid technical details that users should never have to ever fricking hear about. This is another reason why no crypto will ever be useful as a currency or payment system.
[...]
>The point would be to abandon your own concern for life so that even if you were to die, or have something else horrible happen to you, you wouldn't suffer on account of it
Of course you wouldn't suffer, you would be dead. Am I getting memed right now or something? The frick is going on in this thread?
[...]
It is literally all dogecoin bullshit. All of it. There are no exceptions. None. I understand the cryptography, it is YOU who doesn't understand the crippling economic and technical flaws in all other aspects of the system.
[...]
Did you know you can also print any number of new crypto tokens any time you want by pressing two buttons on a computer?

>Of course you wouldn't suffer, you would be dead.
No, you'd still be alive. You'd still interact with others, eat, sleep, etc. It's just that the craving associated with your life would be gone. You'd be utterly incapable of suffering, because you won't be concerned about gaining or losing anything. It would be boundless freedom, the opposite of death. We spend our entire lives fighting against decay, fending off death for another day, but it comes to everyone eventually. Everything you 'own' will be lost, all your money, your family, your intellect, etc. What if you were to be free from the need to fend off death and decay? Freedom from obsession with pleasure. Freedom from liability to suffering.
You wouldn't stop eating or living, you'd still be alive, until your body dies, but you'd no longer identify with that body, with your own senses (including thoughts), its death would not be your death.

>Isn't that a form of focused meditation,
No, it's just keeping it in the back of your mind. You can go really into it and develop jhana on the basis of it, but you have to purify your actions first.
>But I find that they often clash with the worldly life I lead.
That's the whole point. If they're clashing with your greed, aversion, and delusion, then you're doing something right.
>Literally what?
I didn't say you'd still be alive, just that the body/senses that you are subjected to are no longer yours. You'd see it the same as you might see a rock on the ground. So when it dies, it cannot be 'your death'. The whole sense of 'I am' will have ceased before the death of the body. I doubt I'm doing a good job of explaining it, but Buddhism has significantly improved my quality of life and helped me stop avoiding the true nature of this body/senses.

>If you were to die, like literally actually get hit by a fricking bus, you'd still be alive
Literally what?

Also "more stable than the rest of crypto" is meaningless because that still means it's REALLY FRICKING UNSTABLE. No crypto has any stable value. The "increased stability" you're speaking of is a rounding error. The price will never stabilize because it is yet another worthless ponzi shitcoin pegged to nothing with a random issuance. You're getting too high on this hopium gas, stop buying so much on the dark web.

>I expect all of crypto to crash to zero eventually anyway because it is all worthless shit.
99.9999% of the shit out there will die, but crypto is unironically the future. In the next decade, you'll start to see governments rolling out their own cryptocurrencies that will compete with whatever crypto that isn't a complete scam.

>>then lied to you and tried to tell you it was "scarce" because these random pieces of paper are somehow supposed to be different from other random pieces of paper for no reason.
Please stop falling back on this terrible coiner meme. That is NOT why the paper money has value. It has money because the fed guarantees it will be redeemed it at a stable rate. There is no such thing happening in crypto and there never will be because it has no value nor any method to guarantee that it would have value, the only way it can ever acquire value is by tricking rubes into gambling on the price.
>The value from monero comes from its ability to be used as a currency.
This is backwards reasoning. Monero CANNOT BE USED AS A CURRENCY BECAUSE ITS VALUE IS NOT STABLE. Fed dollars are used BECAUSE their value is stable.
>Monero is backed by math that is (so far) untrackable
Monero is not "backed by math". The "math" you're referring to guarantees some security properties of the system, it makes it so thieves can't steal money directly out of your account, and in some sense it does obfuscate some aspects of the transaction, but it DOES NOT guarantee anything about what price the token will trade at, nor will it ever do that.
>If you have a way to reliably track monero using any method, the IRS still has a large reward out for it.
This is a marketing line. The reward is still very small by IRS standards. You're being hooked into the con.

>There is no actual "market price" for any crypto in any meaningful sense because the supply is infinite.
The only reason crypto is worth anything is because the supply is, in fact, NOT infinite.

The supply is in fact infinite and that is exactly why crypto has any value at all. The current value is literally pumped up by USDT printing massive numbers of their shitcoins out of thin air and then exchanging it for the other cryptos.

>Fed dollars are used BECAUSE their value is stable.
It's not, you colossal fricking moron.

>which I have a lot more trust in than the federal reserve.
Using crypto is not "trusting the math", you are trusting a large group of people including the miners, the exchanges, and many other participants in the network to redeem your payments. Do you actually believe normal banks do not also use all the same bog standard cryptography algorithms?
>However, this post proves that you have no idea what you're talking about in terms of the security, privacy, and reliability of cryptocurrency.
There is none. Crypto is not secure, private, reliable, it is also not currency.
>How do you think any of your online data is safe from MITM attacks if all random numbers are the same?
The difference is I am using those random numbers to protect from MITM attacks. I am not trying to sell off each one of them individually as a token that someone else will pay you for later.
>That's just semantics. Its structure is that of a ponzi scheme.
No it's not. There is no profit here. You can't call this a ponzi scheme without calling the very idea of "savings accounts" a ponzi scheme. It's fricking stupid, your making shit up to cope about your dumb scam coins.
>They don't have to promise profits out of it because if you don't pay into it, they send you to prison or shoot you
This is also not a ponzi scheme, ponzi scheme is not based around sending you to prison or shooting you if you don't pay up.
>so they need other people to pay into the scam to keep it going.
It is not a scam. You are actually getting a real product out of it which is a retirement plan. That has actual, real value which you will benefit off of some day when you get old.

>The inherent value of all crypto is a big fat ZERO.
Last I checked, the market cap for BTC is in the billions.
>inb4 the market is wrong
Then put your money where your mouth is, pussy.
You won't because you're a cheap-talking LITTLE PUSSY b***h.

The "market cap" for any crypto is a fake made up number. I can make a crypto token tomorrow with a market cap of $1 trillion. First I mint 1 trillion tokens, then I sell one of them to myself for $1.

I just raised it to $2, now the market cap is $2 trillion.

You're trying to meme on me but that's the whole fricking point. There is no actual "market price" for any crypto in any meaningful sense because the supply is infinite. The price is just random, based on nothing.

Bitso bought and sold over 1B dollars of cryptos in the last 6 months as part of its US-Mexico remittance business, keep seething tho nocoiner

>you are trusting a large group of people including the miners, the exchanges, and many other participants in the network to redeem your payments.
And it all works because of the math behind it. The only shady part is exchanges, never leave your crypto on an exchange to store it.
>Crypto is not secure, private, reliable
Then why don't you tell the IRS how to break XMR, they will pay you handsomely for it.
>it is also not currency.
XMR is used as a currency to transact billions of dollars worth of real good and services.
>You can't call this a ponzi scheme without calling the very idea of "savings accounts" a ponzi scheme.
I never called savings accounts a ponzi scheme.
The money that people put into social security is gone, the government used those funds to pay for everything else they bribed people with in order to get votes.
>This is also not a ponzi scheme, ponzi scheme is not based around sending you to prison or shooting you if you don't pay up.
A traditional one wouldn't shoot you, but a government run one would. The government has to force you to pay it, because they need your money to pay off the people they promised money to who are higher up in the pyramid.
Social security has the exact structure as a ponzi scheme. The only difference is that it's marketed as a retirement plan instead of an investment.
>That has actual, real value which you will benefit off of some day when you get old.
The value of the money I'm putting into social security will be inflated away when I start to see it in a few decades, if the government even pays me at all for it. The Supreme Court already ruled that the government is not required to pay social security.
https://www.wikipedia.org/wiki/Flemming_v._Nestor
>The Court ruled that there is no contractual right to receive Social Security payments.

>Social security is not promising a profit, it is promising to put away money later for retirement savings.
And why can't people do that themselves, then?

Plenty of third worlders "invest" in the US dollar (Argentina being the perpetual example), hedge funds do too (mostly as a way to keep cash on hand or as a way to short treasuries)
You're some liberal merican who doesn't know anything outside his little shithole bubble, aren't you?

Did you know there are 200% more claims on assets than there are assets in the US? Your real economy is only 33% of GDP. It's a ponzi propped up by the military which has an expiry date due to rampant, never ending money printing and a lack of assets to provide value for the dollars. If you think anything different go read some econ books. We are in end times for the dollar just as we were for the pound back in the 60's and then the guilder before that and you don't want to be in dollars when the rats start to bail off the sinking ship.

>You can't extract any useful metadata out of a Monero transaction
That's not what he was talking about. Your ISP can see that you sent an xmr transaction. The feds can use that metadata to track you. It takes more than a few connection logs to prosecute someone, but it can help them find more information about what you're doing.

>There is no meaningful difference between DOGE and XMR

This is absolute insane levels of moronation. Look into how both of them work, and then come back.

>Crypto is not stateless nor is it currency.
Yes it is.

>No one with any financial knowledge is going to keep money in a savings account for 20 years.
I never said it was a good idea, but plenty of people bought into the savings account meme.

>No one with any financial knowledge is going to keep money in a savings account
sounds like a problem with the financial system then
money that is out of the market should not be a deprecating asset and it only becomes true when the financial system is engaging in theft
investments are a terrible foundation for a market because they always have a major risk of failing
you need something more stable or you end up with deep recessions every decade

>Try getting into your wallet from another device?
The number of confirmations is still increasing so I don't know what good that could do, it's not like it's frozen
I'll try to access it from cake wallet anyway

The address was only valid 30 minutes, after which it couldn't be used anymore. Either way, I lost it after clearing the monero GUI cache, I only have the transaction ID now.

I didn't design the fricking website, they make a specific XMR address to send funds to available for 30 minutes after which it's replaced by another one. I don't know why they do it like this but that's how it is.

I sent funds from my monero wallet to that address which would then transfer the funds to the account I have on that website.

I did contact them but I'm not sure they'll be able to recover the funds since according to the block explorer the transaction isn't even finished.

>20
I'm at more than 10 times that

>Just be clear, you sent XMR to an address that you do not have the private key to?
lmaooo this is exactly what happened.
in-thread proof that the crypto ecosystem exists only to prey upon idiots to extract money from to keep the ponzi action moving forward.
it does not matter if the coin is well designed or is a privacy coin or any other trash. value must come in for other value to go out, and the lowest hanging fruit will always be people like OP who actually fell for the scam

>have complicated thing
>anon says he can take your complicated thing and do a complicated action with it and give it back
>you give anon your complicated thing
>he runs away with it laughing
fixed

it's the fault of the complicated thing when its entire design and purpose for being is to convince gullible people to engage with it and get exploited by it, which is all crypto.
booby traps are illegal for a reason.

>If OP was buying ordinary things from an ordinary web shop,
I wouldn't be using monero if I was doing that. And trust me I wish it could be simpler, I don't like jumping through all those hoops but that's how it works

If you don't have the private key you have no idea if there's an issue or not. You cannot verify anything went wrong. You're merely trusting a third party to be handling the transaction properly. That's why this is not a Monero issue, as far as you're concerned the transaction completed successfully and you cannot argue otherwise. This is a customer support issue with whatever website you're using.

>Once a transaction is completed successfully shouldn't it stop racking up confirmations and be marked as completed on the monero GUI?
No, confirmations will just keep going up forever. I have no idea what you mean by "marked as completed". If it has confirmations on the blockchain, it's complete. Most vendors will require a specific number of confirmations, but 1 confirmation technically means it's "complete". The extra confirmations is just the vendor hedging against a blockchain re-org.

All this business about confirmations, reorgs, front-running, orphaned blocks, MEV, gas fees, etc is fricking stupid. You know for a fact that it's fricking stupid and you shouldn't need to even know about this bullshit to make a goddamn payment. These are stupid technical details that users should never have to ever fricking hear about. This is another reason why no crypto will ever be useful as a currency or payment system.

>Ok, I still am not giving you my money, or my nice new car.
I'm not asking for it.

>The life of a monk is spent doing long hours of manual labor. You still need to feed yourself. Your spirit can't abandon your stomach.
I never said that. The point would be to abandon your own concern for life so that even if you were to die, or have something else horrible happen to you, you wouldn't suffer on account of it. I never said you would stop eating.
https://www.dhammatalks.org/suttas/MN/MN21.html
>"Monks, even if bandits were to carve you up savagely, limb by limb, with a two-handled saw, he among you who let his heart get angered even at that would not be doing my bidding. Even then you should train yourselves: ‘Our minds will be unaffected and we will say no evil words. We will remain sympathetic, with a mind of goodwill, and with no inner hate. We will keep pervading these people with an awareness imbued with goodwill and, beginning with them, we will keep pervading the all-encompassing world with an awareness imbued with goodwill—abundant, enlarged, immeasurable, free from hostility, free from ill will.’ That’s how you should train yourselves.
>“Monks, if you attend constantly to this admonition on the simile of the saw, do you see any aspects of speech, slight or gross, that you could not endure?”
>“No, lord.”
>“Then attend constantly to this admonition on the simile of the saw. That will be for your long-term welfare & happiness.”

>The point would be to abandon your own concern for life so that even if you were to die, or have something else horrible happen to you, you wouldn't suffer on account of it
Of course you wouldn't suffer, you would be dead. Am I getting memed right now or something? The frick is going on in this thread?

No because he thinks its all dogecoin bullshit.
Don't expect a bullheaded moronard to understand cryptography.

It is literally all dogecoin bullshit. All of it. There are no exceptions. None. I understand the cryptography, it is YOU who doesn't understand the crippling economic and technical flaws in all other aspects of the system.

>Do you actually believe normal banks do not also use all the same bog standard cryptography algorithms?
Did you know banks create money out of nothing when they make a loan? Literally give away new digital dollars without ever moving any money behind the scenes. There's no cryptography. There's no fricking ledger at all.

Did you know you can also print any number of new crypto tokens any time you want by pressing two buttons on a computer?

That's a cope if I've ever seen one.

No thanks you've all given me plenty of (You)s, you're still doing it.
>crypto seething
Calling out scammers is not seething, it's what anyone will do if they don't like seeing their money get stolen.

MMmmmmm, tasty (You)s. Keep going, I'm hungry.