this post was submitted on 13 Oct 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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From min 3:53 about Monero.

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[–] [email protected] 0 points 3 weeks ago (3 children)

What's waht I have been writing on this forum for a long time. Unfortunately we can't fight against governments

[–] [email protected] 0 points 3 weeks ago

Move the bulk of your wealth out of stock markets, IRA's, and 401k's and into precious metals like gold and silver. The state will always be evil, but a broke state is less evil. As entire societies move assets out of markets into physical precious metals, you contribute to the destruction of all fiat currencies globally. Think about it, if nobody accepted the USD, how long would the military industrial complex (MIC) last? Honest, gold and silver backed money provides a healthy constraint on the voracious appetite for making war by the MIC.

Monero may thrive as a primary store of wealth one day, but while the FINCEN machine is alive and well, it will remain under threat. Gold and silver do not suffer the same level of oppression from regulatory authorities, so it is a safer way to exit the fiat system presently with the bulk of your wealth.

[–] [email protected] 0 points 3 weeks ago (1 children)

You do not need to fight governments. You just need to make them irrelevant. As much as possible, reduce your government dependance footprint.

[–] [email protected] 0 points 3 weeks ago

Good advice. I usually use DEXes for other crypto, and swap Monero on instant crypto exchanges, like Exolix. But in other spheres (cash, bank cards, payments, sellings) I anyway depend on the government like all people

[–] [email protected] 0 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

we can’t fight against governments

Those of us who live in countries ruled by oppressive governments don't think about fight, they actually have the struggle on a daily basis.

[–] [email protected] 0 points 3 weeks ago (3 children)

The black or grey economy can be considered a form of guerilla warfare

[–] [email protected] 0 points 3 weeks ago* (last edited 3 weeks ago)

black or grey economy

A simple example: A Rastafarian from Indonesia buys cannabis products in the Netherlands and pays in Bitcoin. This is much more dangerous for him than paying for the purchase in Monero. Indonesian penalties are draconian. But most of us here would probably agree that the buyer should have nothing to fear.

[–] [email protected] 0 points 3 weeks ago

a form of guerilla warfare

Using Monero XMR as money has many advantages, it doesn't have to have anything to do with rebellion or revolt. Sellers who accept XMR get their digital money sent to their wallet immediately upon purchase and can use it. There is no bank in between, they don't have to count change and can use it themselves for purchases worldwide. It simply makes sense to use Monero, no matter what color the market is in your jurisdiction.

[–] [email protected] 0 points 3 weeks ago

It's better to swap Monero on not centralized exchanges and be calm and happy 😅