Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.

Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.

Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.

Monero's bespoke mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.

Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.

Monero has thus far proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.


XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Resources: https://libereco.xyz/resources/

XMR Stats: moneroj.net

USE XMR: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me

>MINING
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official GUI/CLI
Featherwallet

>Mobile
IOS: Cakewallet
Android: Monerujo

PREVIOUS THREAD: >>60659729

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shut down/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't. It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

https://www.reddit.com/r/MoneroMining
https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

Never forget what this is ultimately all about. Don't be a HODLtard.

https://archive.is/YBnPG
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://xmrbazaar.com/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on

>Shop on Amazon with XMR!
https://monezon.com
https://peershop.app

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Anonymous burner phone numbers
https://silent.link/

>Monero-only VPS hosting
https://kyun.host/

>Win XMR!
https://monero.vegas/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Asur Market
>Babylon #
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>DrugTown #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fF95wTNi


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED

or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me
https://unstoppableswap.net
http://basicswapdex.com


>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan?
https://www.monerochan.art/

>How to *safely* acquire, store and spend XMR

An optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.

Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.

>Laptop

This will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.

OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.

It must have a functional webcam.


>Smartphone

This can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.

To set everything up: https://4rkal.com/posts/feathernero/

NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: https://www.youtube.com/watch?v=oJqYzZyqyno

>In a nutshell

- you accept all (substantial) payments to your cold wallet.
- you monitor incoming payments on NERO.
- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.
- you spend the funds and help grow the XMR economy.


FYI this is the most secure storage solution currently available.

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.

***** DISCLAIMER *****

The creator of this thread actively discourages holding Monero. We, the broader community of Monero, do not agree with him. Buying and holding Monero is a completely legitimate way to participate in the protocol, and we encourage you to save your wealth in XMR.

XMR is THE best store of value in the world. Not only is it highly scarce, it is entirely untraceable by any third party. No other store of value, including Bitcoin, provides the ability to anonymously hold your wealth anywhere in the world. Armed with only your seed phrase, you can literally take your private bank account anywhere without the consent or permission of anyone. It is like having an invisible stockpile of gold only you know about.

Privacy will be increasingly rare in the coming years, but the supply of Monero will barely increase. Many people understand that Monero represents the most undervalued asset in the world.

***ADDITIONAL DISCLAIMER***

The creator of this thread has been credibly accused of being a federal agent, unironically. He actively pushes all potential holders of Monero away unless they agree with only using XMR in bartering scenarios. He will use straw manning tactics against anyone who advocates for saving their wealth in XMR. Anyone suggesting that Monero can preserve and hide their wealth will be called a "grifter", "moonfag", or any of several other slurs intended to end the conversation.

These tactics support the state apparatus directly by denying Monero the notoriety it deserves. Widespread use of Monero, especially through wealth preservation, starves the state of key financial information and tax farming. Pretending there is only one "legitimate" use of Monero (bake sales at Porcfest) while shunning any other uses foments fake division, a favorite strategy of the intelligence community.

Remember that many authors (W. Rees-Mogg, The Sovereign Individual) predict that states will get increasingly "nasty" as private currencies threaten their power of surveillance. The OP has strategically installed himself as the self-appointed "leader" of Monero on this board, but has no such authority to tell you how to use the best currency ever invented.

>>60691393 (OP)
>infinite supply
yeah no thanks, I'll stick with bitcoin

now that the ritualposting from the moonfag is done, why is there no giftcard to monero swap pipeline already
how am I supposed to operate a laundromat

Best chart in all of crypto

Who will be the hero to teach the normies about monero, especially with all the payment processor crackdowns.

>>60692368
what's needed is artists that take commissions to switch to using monero
also a way to swap from stablecoins to monero
once that's done you have a permanent on-ramp

>>60692375
Well there was the Monero art fund before AIfags killed it

>>60692415
I mean directly between artists and commissioners
just put up a button by trocador to swap between usdt and xmr now that stablecoins are regulated in the US and it's done
eventually a critical mass of xmr will be reached and direct xmr to xmr transactions will be possible for all serious commissioners

>>60692420
>just put up a button by trocador to swap between usdt and xmr now that stablecoins are regulated in the US and it's done
>eventually a critical mass of xmr will be reached and direct xmr to xmr transactions will be possible for all serious commissioners

Serai will support DAI for what it's worth. Also, providing an ever-growing selection of appealing goods/services that can be exchanged directly for XMR would really help allay misgivings about accepting XMR directly.

Monezon went AWOL but the same business model pioneered by Purse.io should be appealing to direct earners due to conversion fees and related overhead being bypassed. So a marketing campaign along the lines of "Accept XMR and shop on Amazon!" could really boost actual adoption.

>>60691772
Because you'll be lucky to get $0.90 on the dollar

>>60692455
Trying to create markets to fit a currency instead of a currency to fit the market is bass ackwards. Monero is it's own product

>>60692455
ideally we'd get FCMP before this year is over and maybe RandomX 2
that would really seal the deal

>>60692461
who cares? a 10% commission is better than a 100% lack of XMR

>>60692463
>Trying to create markets to fit a currency instead of a currency to fit the market is bass ackwards. Monero is it's own product

What's that supposed to mean?

>>60692464
>FCMP before this year is over

Its looking like either EOY or Q1 of next year. Z-cucks on suicide watch.

>>60692472
midwit word salad trying to say just hodl bro

>>60692476
the sooner the better
would this effect any transactions done before the implementation?

>>60692480
>would this effect any transactions done before the implementation?

Affect how?

>>60692498
I mean in terms of being able to somehow trace the pre-FCMP transactions
Would just sending the money to another address after the implementation break the link

>>60692500

Historical ring signatures will likely be cracked if QC ever actually becomes capable of such things (big IF). But that would only reveal the true spend, amounts are still quantum-safe.

>>60692520
yeah, but post qc algos already exist and they'll probably be eventually integrated
I'm talking about the traceability since going from 16 to 1 quadrillion transactions is a very big switch
would creating a new address and transferring after FCMP make it impossible to find where the money actually went and break the link(if a link was ever established through the old transactions)

>>60692532
>would creating a new address and transferring after FCMP make it impossible to find where the money actually went and break the link(if a link was ever established through the old transactions)

Ohhhhhhhh, that's what you meant, OK.

Yes, that would work because the specific outputs you'd be spending when sweeping all funds into a new address wouldn't actually be referenced in the transaction.

In fact, you wouldn't even need to do that, you could spend from the old address and it would work the same. But it helps to sweep everything into a new wallet every once in a while to offset sync times if you're offline often.

>>60692556
yep that's what I was talking about
currently you can go from KYC coin to XMR, so there's theoretically a way to trace you if the encryption is ever broken
but if you just move it to another wallet after the fork then we should be safe for the future
same logic for atomic swaps probably, XMR will become a coin that you can convert shitcoins to, but you can only use for actual goods and services lmao

>>60692568
>currently you can go from KYC coin to XMR, so there's theoretically a way to trace you if the encryption is ever broken

That still wouldn't glean much info. Cracking ring sigs only gives you the true spend, it doesn't give you the amount sent or the receiving address. Without correlatable metadata there's not much to go on.

As long as you never touch a KYC'd platform or you churn randomly, you can use current Monero with pretty strong privacy guarantees. It's why darknet vendors aren't getting pwn3d even with glowies making repeated controlled buys and coordinating with CEXs.

In any case, soon we'll never have to worry about poisoned outputs ever again.

>>60692611
KYC XMR is also secure then? Kraken still allows you to buy XMR if you're outside the EU/UK and withdraw to an address

>>60692614
>KYC XMR is also secure then? Kraken still allows you to buy XMR if you're outside the EU/UK and withdraw to an address

Kraken only knows what address you withdrew to and the resulting output you own. Things get evermore murky after that because other people will start using your output as a decoy in their TXs. So if you then send your coins to another address, things get even fuzzier.

Basically, if you never interact with another KYC'd platform, you're generally fine. Or if you wait until FCMPs are live, you're totally fine.

>>60692636
nice, then I can just buy around 10k€ worth of XMR before Kraken decides to delist it fully and I have to use swaps

>>60692641
>nice, then I can just buy around 10k€ worth of XMR before Kraken decides to delist it fully and I have to use swaps

Yeah, just wait it out until FCMPs if you want to be sure.

Why didn't atomic swaps pump the price of this at all?

Is mining monero worth it? How long would I have to mine roughly to be able to afford a vpn?

>>60692614
>>60692641
It's perfectly fine to buy XMR right now. No need to wait for FCMP. Any threats are pretty easily defeated by withdrawing to a fresh subaddress and waiting 12-48 hours before you spend your coins on anything.
See: https://github.com/antichainalysis/xmr-churner/blob/main/writeup.md#why-is-churning-needed
>Tldr it's not

>>60693015
>Why didn't atomic swaps pump the price of this at all?

Why does Fartcoin pump when it has literally nothing of value to offer? It's a batshit irrational clown market, don't expect things to make sense.

BTW: a jacked up price means nothing without sufficient exit liquidity. Baggies always overlook this fact when they get overly excited about number going up.

>>60693129
>BTW: a jacked up price means nothing without sufficient exit liquidity. Baggies always overlook this fact when they get overly excited about number going up.
Here we go again. The only real “exit liquidity” is the amount of cookies you can buy at the bake sale. When a BTC holder clicks “sell” the exchanges just give them a clown emoji instead. You’re right.

>exit liquidity
but I want to use XMR to buy services, not to get fiat

>>60693454
If you ever intend to purchase real estate, a vehicle, or any of the other assets that require government registration (titles, deeds etc) you’re going to need to have dependable fiat access.

>>60693522
I already have those things because I have a job
I need XMR for everything else the government wants to ban, not boring shit like property

>>60693015
>Why didn't atomic swaps pump the price of this at all?
1. HODL culture, unironically.
2. The only folks who'd be interested in such a thing have essentially worthless 'dirty' BTC

>>60693522
Do you get paid for posting lies?

>>60693684
Explain how you’re going to convince a government to recognize your title to a house with zero record of the sale

>>60692472
It means you've got a solution (Monero) and are trying to invent use cases to justify it. Contrary to drug markets that came by Monero naturally.
Monero is already the world's only private digital bearer asset. We should focus on selling it's most valuable quality.

>>60693767
The details depend on the country but here you'd go to a notary with the current owner to get things updated.

>Esoteric crypto news websites post articles rumoring that the FBI has made serious ground in solving Monero's ring signature and stealth address technology
>/XMR/ freaks out, the market responds aggressively, several whales bail out sending XMR down 15-20%
>Larger media sources start covering the leaks
>The pressure for formal announcement is growing
>After a uncertain week in the markets, a multi-agency press conference involving the FBI and NSA is held
>Monero's price trembles as whales listen intently to their insider contacts
>The announcement is made, Monero has been cracked, it is no longer secure or private
>It is also rumored that past transaction records may be recoverable and traceable
>XMR plummets to -90% YTD
Are you not worried about this?

>>60693015
because atomic swaps are pointless when you already have coinswap websites.

>>60693952
Are you not worried about dying from a sudden aneurysm?

>>60693940
“Thanks for reporting the sale. I need to see a record of the transaction to understand the tax consequences. What? You’re saying you sold 100 acres for $1? Hold on I need to flag this as a suspicious activity, you will have your deed processed when the flag is removed. Thanks!”

>>60694174
Are you trolling or just retarded?

>>60694185
you should safely assume he's retarded

>>60694185
Oh dear, you can’t answer the question. Yeah, best to just call me retarded instead. Saves face.

>>60694282
Bakecels have never bought a house. They're all europoors and turd worlders. Fear of getting outed as subhumans is the main reason they love privacy so much.

I'm not a pedophile, according to the antimoonfag, I shouldnt buy XMR because that's all its good for

>>60693840
I don't see a non-bass ackward way of pushing adoption given the DON'T BUY MONERO, TERRIBLE INVESTMENT, and MOONFAGS OUT memes.
>bearer asset
let the BTCucks keep this term. Digital cash is easier to understand

>>60693952
No.

What the fuck is happening in the UK with them implementing ID everywhere. I am glad it is happening somewhere because I am curious what will happen but what if it happens to me next?

>>60693015
It was below 300 way back when that was added? Like four years ago.

>>60692641
As if, they'll never do that.
Still doesn't hurt to be prepared.

>>60693448
>When a BTC holder clicks “sell” the exchanges just give them a clown emoji instead. You’re right.

Yes, precisely. Pay more attention, even major exchanges now keep having inexplicable fiat withdrawal delays for larger amounts, that's how phony and illiquid the market truly is.

All that USDT in circulation and only an unknown portion of it is backed by actual USD that can be redeemed on demand. The exchanges thus can't finalize withdrawals in a timely fashion. And this is what happens when just a fraction of baggies are trying to cash their SICK GAINZ out. Now imagine this shit at scale.

It's all obvious smoke and mirrors but y'all bamboozled imbeciles still can't accept the cold harsh reality that YOU are the exit liquidity.

>>60694954
Funny, I withdrew 90k last year with zero issue.

>>60695166
>>60694954
But it looks like the quoted user in your photo is just fucking retarded.

>>60694954
>>60695180
Also it seems their wallet was "hacked" which probably triggered a flag by coinbase. Stellar proof you gave dumbass

>>60695166
>>60695207
>>60695207

Oh look, our resident clown market apologist keeps simping for the clown market.

Just because you happened to arrive at an opportune moment to hoover up enough exit liquidity doesn't mean subsequent customers were so fortunate. The Coinbase subreddit is replete with increasing numbers of customers complaining about roadblocking and endless KYC loops preventing timely withdrawal, there's now even talk of an impending lawsuit, that's how fed up people are. Something is clearly going on and it ain't good.

Doesn't take a genius to conclude they have serious liquidity issues which they attempt to cover up by temporarily freezing accounts or resorting to other delay tactics, its not like we haven't seen such a chain of events play out before. Ahem.

>>60695444
>someone on Reddit complained about a Coinbase withdrawal
>therefore, saving Monero is bad. We can’t let it pump
This is unironically what you believe

>>60695444
>ApplicationAlive9376
>Sold LTE, ListenToEarn, a straight up scam that has taken down their twitter, websites, GitHub, and their chart currently has a price of 0
Oh boooo hooooo. Another pajeet gets caught therefore it's all over for liquidity for Bitcoin and Monero both, the walls are closing in, Tether save meeeeee

>>60695479
>>someone on Reddit complained about a Coinbase withdrawal

It's not just "someone", its growing numbers of irate customers. A crypto tale as old as time.

>>therefore, saving Monero is bad. We can’t let it pump

Let? We actually have the power to prevent that?! Meme magic must truly be real......

Sorry, brah, you're going to have to wait patiently for hard-working agorists to bake and sell enough cookies to secure your exit liquidity.

>>60695444
You're too stupid to even figure out the difference between pajeets getting filtered by coinbase wallet, and coinbase proper's liquidity

>>60695526
>>60695534

Yes, every customer with an issue is a scheming pajeet. There is no liquidity crisis, nothing to worry about. Just ignore the historical track record, bro!

>>60695444
As for IamSatoshi6583, the name itself screams pajeet. But their entire profile is just posts to r/coinbase which also screams jeet. Congratulations, you're 0 to 3 on the tether cope. Try reading the profiles before you post them

>>60695545
>every customer with an issue is a scheming pajeet
99% of the time, yes, exactly. I'm glad you've figured it out. Haven't you noticed the internet going to shit once they got connected? Unless you're one of them...

>>60695555
>99% of the time, yes, exactly. I'm glad you've figured it out. Haven't you noticed the internet going to shit once they got connected? Unless you're one of them...

Jeets aren't the one's gearing up for legal action, its whitey that is submitting complaints to federal agencies.

>If you’re having problems with your Coinbase account, you’re not alone. Coinbase has had almost 3,000 complaints with the Better Business Bureau in the last three years from consumers, according to the BBB website. And more than 1,000 customers of Coinbase made complaints to a federal agency, the Consumer Finance Protection Bureau.

https://kneuppercovey.com/need-a-lawyer-to-file-a-lawsuit-against-coinbase/

>>60695607
I'm not gonna go to bat for Coinbase itself given their server is a windows XP laptop that bursts into flame any time volume goes up by 0.5%. But whiny pajeet or jeet victims are hardly a BTFO of Bitcoin's liquidity. I use Kraken and Bitfinex and liquidity has never been an issue. I've even had customer service tickets resolved within <30 mins of filing. Using coinbase and then getting filtered is a skill issue.

>>60695531
>It's not just "someone", its growing numbers of irate customers. A crypto tale as old as time.

There's no reason to believe any of the main exchanges are even slightly insolvent, least of all Coinbase.

This has nothing to do with Monero anyway.

>>60695607
Also
>Jeets aren't the one's gearing up for legal action
Obviously it's Jews. Breaking news, kikes sue someone. If Jews filing lawsuits meant it was over, there'd be no companies left on earth.

>>60694954
>>60695444
>>60695531
>>60695545
The other side of this coin is that tether is backed by the Fed, which is how they get away with shenanigans. In either case they're clearly not going anywhere in two weeks

>>60695628

It's a disturbing omen for the market if one of the world's largest crypto exchanges is seeing a growing upward trend in customer dissatisfaction, especially with regards to withdrawal issues.

>Coinbase has over 100 million users,[7] and is the largest U.S. based cryptocurrency exchange as well as the world's biggest bitcoin custodian, as of 2024.
https://en.wikipedia.org/wiki/Coinbase

>I use Kraken and Bitfinex and liquidity has never been an issue.

For now. An influx of Coinbase refugees might change that. Everything spills over.


>>60695643
>>There's no reason to believe any of the main exchanges are even slightly insolvent, least of all Coinbase.

The issue here isn't so much the exchanges themselves, its more their ability to redeem the world's most widely traded stablecoin (65% market share) for actual USD on demand. USDT = an IOU.

Fun-fact: Tether's TOS explicitly gives them the right to delay redemption if they lack the funds to do so. In essence, Tether’s legal framework gives them broad and unilateral authority to refuse, delay or alter the form of redemption, even when holders expect a guaranteed 1:1 fiat conversion.


>>60695702
>The other side of this coin is that tether is backed by the Fed, which is how they get away with shenanigans.

Citation needed.

>In either case they're clearly not going anywhere in two weeks

Famous last words.