Every time I observe the #Monero brotherhood engaged in a discussion with Bitcoin cultists I wonder why they do that. useless and a waste of time. I suggest, mute and block and ignore.I used to try helping years ago but realized that you can't have a logical discussion with a person that is in a Bitcoin cult, same with a Monero person that thinks that everything else is garbage. Not worth it discussing.
Most Bitcoiners use Monero and do not speak up, personally, I do not know any Bifcoiner that doesn't, there, we just need to add value to the community with knowledge articlea and build more.
I have a wish lfor Monero & Nostr:
1. A Nostr oriented to Monero for zaps with a market place and gift cards, maybe Cake Wallet can make it happen with a grant to some genius Dev that take Amethyst and fork it into a Nostr Client with a cool name. Privacy first
What you guys think about ZANO?
this will be epic if done and no gold or a fraction of what it should be is found
#gold
nice!, just install Amethyst, probably you are using still that garbage you mentioned over the phone. Just DM me, we can have a secure chat here, I give you a call once you let me know you got Amethyst and help you with the configuration, it is easy. Hpu can block/mute idiots as well as you do in any other social network.
today I assisted a friend living in a country that blocks all IP addresses from all known VPN providers to install its own on a VPS paying with Monero on a non KYC provider.
In less than 30 minutes he was up and running with zero issues.
He is now a Monero student, amazed by the tech and the adoption in most online services he uses.
Pushed him to join Nostr as well, hopefully he will join the brotherhood soon
#Monero
#XMR
QT has been on going for some time, the monetary policies of the previous administration has caused high inflation, official numbers (have a laugh):
2020 1.2%
2021 4.7%
2022 8.0%
2023 4.1%
2024 2.9%
The truth is that most americans struggle to buy groceries, pay for fuel, utilities and services. Most friends I have asked have their own personal inflation calculated above 15%, so clearly the government numbers are rigged to show an inflation non representative of the real situation
Now, we should be looking at employment rates and inflation among other KPIs but... What for? Is all rigged numbers anyway...
so, if the numbers are rigged with questionable adjustments, the question is:
How do we forecast when the Fed will stop the QT and start the QE?
just follow the Fed and look for smoke signs out of the press releases and interviews?
#askNostr
**Edward Snowden said it well during his keynote speech at Bitcoin 24':**
"Bitcoin transactions are not private. All of you know this in the general sense because it's 2024, not back in 2013 when we were saying, 'Oh, Bitcoin is perfectly anonymous, and it's money for criminals and whatever.' The only person who still believes that is Elizabeth Warren.
The reality is that Bitcoin transactions are permanent, public, trackable, and linkable.
An enormous proportion of them are fully doxxed, just not publicly doxxed. And this is because of how people move it on and off the Bitcoin network, or any crypto chain really, and it's through the on and off ramps, right? — through these legacy exchanges that get licensed by whatever, you know, New York State or whatever country, whether it's in Dubai, whether it's in New York.
And they are sharing the information en masse with what we politely refer to as regulators, but what are plainly described as great powers."
**Stack sats. Use Monero.**
Find out more at:
https://libereco.xyz/resources/
and
#Monero
#XMR
join the brotherhood, transact with Monero, no complicated setups, just buy it and use it
most people in the small cosmos of social networks do not understand the typical monero enthusiast, they are currently cunfused and gaslighted with the current polarization trend, extreme left camp, extreme right camp, my crypto is the only good one... not much different to, my religion is the true one, my soccer team is the best one, and on and on and on
the #Monero brotherhood is conformed, in its majority by open minded libertarians,
and, we have one thing in common, we care about privacy and therefore we choose #Monero to transact, but, that does not mean that many of us do not invest in #Bitcoin, we are here in #Nostr after all, it doesn't take a rocket scientists to put the dots together...
Every time I read an answer to a post about Monero with the words "stay poor", I see how badly they misunderstand the Monero Brotherhood... Most of us understand #Bitcoin very well, many of us save in It, but do not engage in online commerce with it since it is not safe to do so.
Take your time and study it, you will understand why there are so many tech savvy individuals that only use Monero to transact.
If you haven't heard about Monero, take 5 and check this clip
Transact with privacy by default, no additional steps are needed, just install a wallet and use it, period
#Monero
#XMR
https://video.nostr.build/153c4f86b376cdc85715e4f17f90a5c227bd65109a89d52875b4a8693869ff98.mp4
one the best parts of the Monero brotherhood is how quite is in the hood, no drama, Monero is doing its thing
#Monero
#XMR
privacy with Monero, simple and convenient
#XMR
#privacy
### Explaining Monero to Grandpa ###
grandpa, Have you heard about Monero?
you know how we always talk about cash disapearing, CBDCs and how bad is that for our privacy, right? Well, Monero is digital money that works like cash. So, in a way, it solves that problem.
you know you have a bank account and an application in your mobile to access it, right?
The bank gives you an user name and a password. You enter and you have acesss to your account, you can send money, check your balance, etc.
well, with Monero, since it is anonymous digital cash, you need an app as well to access your money, and as with the bank, you have an account number which is called an address and a password, which is called a private key, but in essence is the same, but since geeks are developing the tech and they are not street smart they complicate the terminology doing the best they can. Yes Grandpa, I know is stupid but is not much to learn. Bank Account = Monero Address and Password = Private Key.
That was easy right?
So, you install a Monero App, I like "Cake Wallet", you do so from the Android App store or iOS store and in under a minute you have an account and you are ready to rock-n-roll.
Next you want to buy some Monero to send digital cash to your grandkids and you want to do so easily with your bank fiat dollars, and inside of the Cake Wallet app you can do so with your credit card or debit card or a bank transfer, easy as pie. You want to send $50 bucks, just buy $50 bucks worth of Monero.
Now, Monero as any other global currency has an exchange rate with the US dollar, today is around $200 for 1 Monero, the ticker symbol for Monero is
XMR as with the dollar is USD. So at that exchange rate you do the math (actually the application does it for you but I know you would like to check it by yourself), 50 USD divided by 200 XMR/USD = 0.25 XMR
Now this app Cake Wallet is really cool, you can access your contacts from it. You add your grandkids Monero addresses as contacts and every time you want to send them anonymous digital cash it is three clicks and you are done, click on send, select contact, add amount in dollars or Monero and click send.
Your grandkids will get the notification right away and the cash will be a available for then within 10 minutes. Those 10 minutes is the time it takes a bunch of computers around the world to validate the transaction. No worries there are more chances your bank screw up a transfer than a transaction does not work in Monero.
now you may ask how my grandkids convert it to dollars or any other fiat currency they may need to pay for good and services. Very easy, Cake Wallet allows you to sell as well, the cash is transfer to your bank account or debit card, my preference is to buy gift cards with Monero, easily and quick and them, pay for goods in stores that do not accept directly Monero, but there are online and physical stores that accept it already,
Isn't that cool?
#### Potential conversation a week later... ####
Grandpa: Hey kid, did you get the Monero I sent you?
Me: Yes! You are the best!!!
Grandpa: I have a question for you. Your cousing John asked me to send him USDT instead, he says is a stable currency like the dollar and he can use it right away.
Me: That idiot. Grandpa, the problem with USDT is that is not anonymous nor private at all, if you had an USDT account and you send him USDT from your account, John and anyone that sees that transaction will know exactly how much you have in that account and will know every transaction you had ever done, only Monero is private anonymous digital cash, as I explained you, like hard cash, no different. The rest is like the CBDCs we so much talk about, traceable, non private and pseudo anonymous but not for the receiver. USDT is a centralized company as well and can block or seize your money at any time if they wish to do so.
Grandpa: I knew it, that dumb dumb, I asked him if it was private and John told me that it was 100% private and secure. I will let him know Monero or no instant cash gift from now on.
Me: Cool, glad we talk.
Grandpa: Hey, What do you know about #Bitcoin, is it safe?
Me: Yes, but you need to know what you are doing, you woul need to run your own software on dedicated hardware and learn about different technical concepts like Layer 1 or base layer and Layer 2 networks like the Lighting Network and the concept of channels and the balance of them, there is a slow learning curve if you want to use it in the right way. The creator was not thinking about privacy when it wrote the code therefore is not ideal to transact. Little by little is improving and is a good store of value. Hey you should buy the ETF on your portfolio or perhaps best to buy stocks of MicroStrategy, that company is already a hedge fund of Bitcoin, check their chart and next time we meet, we can tall about it over a cold beer.
Grandpa: Nice!, love you kid
Me: Me too!