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Papa Figos
1d0820ac5c4cb37eb78c8b7855fc7d655d02e5aee72313c15d7eafdeef1a37d3
(when figo (papa figo))

30k-40k total volume... There is no privacy if someone wants to link you to tx in it. Especially if you're moving in and out, which you have to do to maintain your purchasing power. Best just use Bitcoin pseudonymously...

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That is what YOU wrote on the post that begun our entire exchange.

I challenged you to back your assertion regarding there being no privacy in Monero.

You replied with a thouroughly debunked Chainanalysis link.

I sent you two links that explain clearly why it's nonsense, what they were doing, that everyone knew they were doing it years ahead, and that it doesn't compromise anyone's privacy.

In reply to that, you said that Monero loses purchasing power, a complete non sequitur.

At this point you should have admitted you were wrong, but instead you keep derailing the conversation.

Yeah, but the blockchain doesn't exist in a vaccuum.

If 1 BTC = 1 BTC, why does depositing coinjoin coins at an exchange get your account suspended?

Because 1 BTC != 1 BTC. Every satoshi has a history. That allows you to discriminate between them.

For now it's at exchanges. One day it might be any utxo not known to be associated with an identity cannot be legally accepted by a legal merchant (you know, 99.9% of businesses).

Another day it might be you being unable to open a legal lightning channel without prior permission, and if you do you will be fined for money laundering.

If those seem preposterous to you, just know that some of us have been here for long enough where the idiotic clueless majority swore that exchanges would never block anyone's account because BTC is fungible.

No. Your collective stubborn ignorance has created a financial surveillance system far more insidious than anything that existed before. It's amazing to see that same stubborn ignorance 16 years into the experiment.

The AML/KYC nightmare has only expanded because of this. No need for warrants, no need for suspicion, no need for complicated international arrangements, oh no.

They just put it online forever on "the blockchain". And as long as NGU they don't really care.

Actually it's even worse than that, since most don't even use the blockchain, they use an exchange like a bank thus negating any advantage this technology had in the first place.

It's just incredible, the whole shitshow.

You're on a roll today with your innacurate statements.

Liquid is much better than BTC L1 but addresses exist and are linked. Only amounts are hidden.

In Monero there are no addresses onchain and all transaction amounts are also hidden.

So, Monero has much better privacy.

Interesting you try to go the Liquid route after your previous comment in another comment chain under this same post, where you try to discredit Monero because it has much lower tx throughput than Bitcoin.

Well, guess what. Liquid has substantially less txs than Monero too.

At this point I'm beginning to think you're just another zealot fanboy and you are not truly interested in the truth, only in confirming what you already believe in.

Perhaps the fact that this still surprises me is the real surprise here.

That's just disingenuous of you.

What does Chainalysis have to do with loss of purchasing power? Nothing. And you know it.

Monero privacy hasn't been broken. Don't FUD.

It's been obvious for anyone with two brain cells that there is a second best. But the SaylorMoon fanboys like their slogans, easier than spending energy and time thinking things through.

Nonsense. How would "they" do that?

The txs aren't even linked to an IP, because of dandelion. On top of that you can use a vpn and/or tor and/or nym.

There are no addresses onchain.

So.. how exactly do you propose this magic you speak of to happen?

I just hodl bitcoin. It's not good money because it lacks fungibility.

It's a pretty decent digital commodity that I am fairly confident will continue to increase my purchasing power over the medium & long-term.

Being unpopular with the establishment is a plus, not a minus.

That means it has *bite*.

Transparent trackable chains only continue the theme of unrelenting mass-surveillance.

Re the tail emission, well, it's a really small value, if Monero doesn't make a good investment, that cannot be why.

I would argue it's irrelevant whether it makes a good investment or not - does it hold value stably enough that you can transact with it? Yes. Is it one of the best if not the best tool to do that? Also yes.

Good enough, I would say.

lol, literally a commie.

Spain is even worse than I thought these days.

I wonder what group of voters keeps electing far-leftists into office 😁

I mean, clearly its strong privacy and anonymity protections coupled with instant, cheap and permissionless transmission over the globe and finally the fact that it can be trustlessly swapped into Bitcoin (and more choices coming with serai etc) makes it the most capable tool for this purpose.

However, that is not its only purpose, in fact the vast majority of people are not unethical criminals.

It is possible to be pro-privacy while still wanting to minimize real criminal use, but at the same time it has to be accepted that there will always be a percentage of crime (and bad things too) that won't be possible to stop.

In return we get privacy for everyone else. To me and many others that makes it better than the alternative, total surveillance and the destruction of the concept of the presumption of innocence.

We live in twisted, dark times in this manner, where evidence of desiring to protect one's privacy is seen as evidence of commiting a crime.

This is, of course, nonsense.

We need to go back to the days of more investigation and undercover work and infiltration, which is certainly harder than watching a computer screen. Organizing society such that the police has a very easy time while everyone else is disempowered is pretty much what constitutes a police state.. and as so many predicted a few decades ago, we've collectively sleepwalked into this very situation.

#monero is a blessing, and privacy is not a crime.

p2p, gift cards, online shopping, and several businesses nearby that I monero-pilled (it's a lot easier than explaining non-custodial lightning).

Basically any and every opportunity. You believe in financial privacy or you don't.

It's silly what people often say, that if you want privacy you're up to no good. No. It's just none of their business where I spend my money.

Pretty much no one in Monero cares about NGU. It's great as digital cash, that's why it was invented, that's why I use it.

It has little to do with being a bitcoiner though. You could actually even argue that it's the same exact emotion at play, greed - wherewas before you were greedy for the best deal to save the most money, now you're greedy because you "know" Bitcoin will go up against fiat shitcoins in the future; in either case, you want more for less.

Actually, Black Friday was always irrelevant, and greed is still the same force behind all that materialistic onsumerism.

Bitcoin or no bitcoin.