![](/static/253f0d9b/assets/icons/icon-96x96.png)
![](https://monero.town/pictrs/image/a5e4fa35-1fb9-41c5-a621-82531923d2fe.webp)
ELI5?
Also, what’s the breakdown on where the Monero community hangs out online? I’m on matrix as well.
ELI5?
Also, what’s the breakdown on where the Monero community hangs out online? I’m on matrix as well.
Leave my bois in africa alone with your scammy ass lmaooo
Ew, my scam meter is busting rn
YESSS
*on a centralized exchange
Fraud ceases to be a concept if we want to operate outside of the system; the values that exist in this space are pure values of ethics. Right and wrong. Fraud is a way for the system to label actions that it wouldn’t like or is damaging to the system.
But sure. Legally you’re correct, hiding assets when filing for bankruptcy is fraud. But is it fair? Is it fair for credit card companies to charge 25% APY? 4 or more years of paying the minimum amount, or close to the minimum amount, which is what some people can only afford, then the interest increases as much as the principal amount of the debt! This is textbook usury. I personally think it’s debt slavery but some people disagree using that term in this case, which I acknowledge.
Some people rack up debt all the time, from spending 6 months off work to take care of a loved one, incurring a personal injury that takes someone off work, accidents that cost tens of thousands of dollars to recover from. Should they then be consigned to this financial debt system now?
Fraud or not, I value Monero because it allows us to have tools to operate in ways the system doesn’t like us to operate for our benefit.
I am certainly not advocating to use these strategies for personal gain. But when it’s a matter of survival and escaping the cycle of debt, there is valuable information in knowing the ins and outs of the system and general legal recommendations so people escape their situations with their wealth still intact.
Is Monero a tool of financial freedom or not. People get stuck in cycle of debt from a fraudulent and broken economic system that favors the rich. Why not wield all the financial tools that us humble proles have at our disposal?
I hear a lot of Monero people warning against an “Orwellian” system or a “Dystopia.” And that somehow Monero can protect us from that. I really do believe Dystopia is now. People are suffering under the economic systems, with the government wielding its favorite weapon, debt, as chains to control people and prevent them from economic freedom.
I would like to see guides on how to do this, more specific recommendations for people under these circumstances. That’s more of what I want to see from the community.
What a beautiful site, the graph view on the side is cool
I mean, it is very possible to avoid CEXs. I just choose to take advantage of them while they (Kraken) haven’t banned Monero from their exchange (RIP belgium and ireland)
Looking at the long term though to provide an indestructible on/off ramp we need DEXs, I’ve tried out Haveno Reto and it’s looking good: https://github.com/retoaccess1/haveno-reto/releases/tag/v1.0.7
Sure thanks i guess for the psychology lesson but i feel like my goal wasn’t to “re- map mental pathways” and am by no means a licensed therapist to perform such a procedure lol. I feel like psychoanalyzing is kinda unfair and like putting my friend under a microscope. Gotta meet them where they’re at and treat their ideas on equal footing as your own (even when you think they’re a bit nutty lol)
Wtf is this
Good point. I might be wrong. I’ll advocate for my side (and often interject how monero does things better than bitcoin).
Often, religious cults also harm their constituents
By that point i don’t know what utility Bitcoin would serve, after it’s been co-opted by institutions. After all the big players buy up their share of bitcoin, what now? They’ll just have very expensive strings of bits in the end that’s expensive to move around
It doesn’t make sense when you play the “store of value” tape through. Even OG austrian economists admit a currency is a store of value only if it serves a purpose of medium of exchange.
It would be very hard not to say i told you so haha. It might slip out, lord give me strength
deleted by creator
deleted by creator
Regardless, CEX’s are the most convenient way to obtain monero. People should do what you describe, try to dodge as much KYC as you can.
On a sidenote, this is probably why i think Monero is undervalued in the market lol, a large proportion of monero trades happen outside of CEXs, and the market prices come from the API’s of CEXs
DUDE rightt. I remember when the FBI seized the domain of z-library they listed “money laundering” as one of the reasons they took it down on the seized website 😂 like dude z-library gives out pirated ebooks.
I internally translate money laundering as “improper use of money”. They’ve made using money in ways they don’t like a crime, instead of actually stopping crime
Ew no one wants your blessing, go back to your little cave and program something away for more gullible web3 cryptobros