<p​reland:matrix.org> In 5 words or more, describe Monero

<r​ottenwheel:kernal.eu> Peer-to-peer private, digital cash.

<j​ordan_sanchez:matrix.org> In this economy, doubtful.

<r​ottenwheel:kernal.eu> What economy? What'd I miss?

<c​openhagen_bram:matrix.org> mani linluwi pi len sona

<c​openhagen_bram:matrix.org> internet money of knowledge-covering

<c​openhagen_bram:matrix.org> Is peer-to-peer mandatory for a cryptocurrency? Could a cryptocurrency be just as decentralized using, for instance, self hostable relays, in a manner similar to SimpleX Chat?

<j​ordan_sanchez:matrix.org> Bitcoin, if it worked right.

<j​ordan_sanchez:matrix.org> Jokes aside, I think Rottenwheel nailed it.

<c​openhagen_bram:matrix.org> don't you mean 5 words or less?

<c​openhagen_bram:matrix.org> Is peer-to-peer mandatory for a cryptocurrency? Could a cryptocurrency be just as decentralized using, for instance, self hosteable relays, in a manner similar to SimpleX Chat?

monero is for everyone

<p​reland:matrix.org> Depends; if you glance at it quickly, then yes

<p​reland:matrix.org> If you look at it closely and see the error, then no ;)

<p​reland:matrix.org> In the same vein, in 5 words or more, explain what the current status of Haveno is

soon

™

<c​openhagen_bram:matrix.org> A live test network is online and users can already run Haveno and make test trades between each others using Monero's stagenet.

<t​hemisplacedphilosopher:matrix.org> I have been noticing for the last 2-3 days that XMR hits its intraday high during this hour.

<p​olar9669:matrix.org> Dca bots

<t​hemisplacedphilosopher:matrix.org> How do the bots trade? Does anyone know the logic inputted in them?

#monero-offtopic

#monero-markets, IRC police.

Who me? I dont want sgp apologizing again

really, i cant recommend any room im not allowed in

<t​hemisplacedphilosopher:matrix.org> While signing up I tried matrix.monero.social but it did not work. Never received email.

Its just monero.social

<r​brunner7:monero.social> Just stumbled over this. Seems it's from from November 2023, in India, but I don't think I every saw it so far: assets.finbold.com/uploads/2023/11/economic-times-monero-ad.jpg

<p​olar9669:matrix.org> Old, reported on X

lol, you should be able to join markets on IRC, just /join #monero-markets.

sounds a bit petty not to recommend rooms you aren't allowed in. I recommended @moneroesp in each El Monero podcast episode and social media for months if not years regardless of being banned. to each their own.

rbrunner7 ya, that was reported on X.

<p​olar9669:matrix.org> matrix.monero.social/_matrix/media/…matrix.org/PpjcVprSxCUQOOOJinqknRLG

Dukenukem, i don't mean universally and i was half joking

rbrunner7: first time i have seen it. Thanks for sharing

An intraday high for general fund donations after this 20xmr gift nitter.net/WatchFund/status/1747907742856061310

<k​arano:poddery.com> how paid for this Ad though ?

<p​olar9669:matrix.org> Who knows, it’s easy to get bank accounts with fake kyc

<k​arano:poddery.com> but who would want to pay for monero ad on ET

<p​olar9669:matrix.org> Monero bag holder ?

<k​arano:poddery.com> a front page ad could easily around $10k

<k​arano:poddery.com> whats a monero bag holder ?

<k​arano:poddery.com> monero whale ?

<k​arano:poddery.com> a front page ad could easily be around $10k

<p​olar9669:matrix.org> Probably

<p​olar9669:matrix.org> Costs approx 4-5k

<p​reland:matrix.org> I wonder how many people actually see that newspaper though; it appears to be written in English, even though it is in India…

<v​stealth:matrix.org> The Economic Times had a total readership of 3.7 million: IRS Q1 2019.

<v​stealth:matrix.org> It is a very big publication in India, when I was there last November you could see it on every corner. Vast majority of educated people in India speak very well english.

<m​onerobull:matrix.org> from what ive heard about indian crypto taxes, the guy might have just spent a bit of what he saved by using monero /s

<a​mbitiouslemming:matrix.org> What are the opinions here about Moneromarket.io?

<p​olar9669:matrix.org> More than the US population

<k​illercat103:xmr.se> how do you even enforce crypto taxes

<p​olar9669:matrix.org> How many actually saw that specific paper ? Not much as it was city specific

<k​illercat103:xmr.se> Kind of like assets like gold or cash i presume but this seems to require some surveilance

<p​olar9669:matrix.org> KYC exchanges linked with their tax identification

<k​illercat103:xmr.se> ah so its like a usage fee?

<k​illercat103:xmr.se> Like if i buy crypto i need to pay extra

<k​illercat103:xmr.se> ah so its like a entry/exchange fee?

<p​olar9669:matrix.org> 1% when you buy, 30% on profit

<p​olar9669:matrix.org> Crypto is not a legal tender in India

<k​illercat103:xmr.se> ah ok

<p​olar9669:matrix.org> So if you accept it, you are charged 30% 😂

<k​illercat103:xmr.se> damn

<p​olar9669:matrix.org> Draconian law just to make ppl move away from crypto

<k​illercat103:xmr.se> I'd prefer a land tax

<p​olar9669:matrix.org> 10s of shitty binance affiliate exchanges had poped up in India, selling paper and no withdrawals lol

<p​olar9669:matrix.org> 10s of shitty binance affiliate exchanges had popped up in India, selling paper and no withdrawals lol

<p​olar9669:matrix.org> India is all out to kill crypto, so monero is a good coin to hide

<p​olar9669:matrix.org> But zero exposure to monero , ppl still want btc doge shiba

<k​illercat103:xmr.se> at least use wownero if you want memes

<k​illercat103:xmr.se> xd

<p​olar9669:matrix.org> Who knows about wow outside monero community lol

<k​illercat103:xmr.se> right...

<p​olar9669:matrix.org> Niche of a niche

<p​olar9669:matrix.org> A billionaire was extorted a couple of yrs back with ransom asked in monero, media replaced it with bitcoin or crypto in their articles lol

<p​olar9669:matrix.org> Monero even doesn’t get bad publicity 😂

<p​olar9669:matrix.org> Anyway we will survive

<p​olar9669:matrix.org> Just need bread, who needs lambos 😂

<k​illercat103:xmr.se> maybe media dont want people to know it exists

<k​illercat103:xmr.se> Though theres a bunch of stickers in my city. Even a few in denmark

<k​illercat103:xmr.se> if no one took mine down

<p​olar9669:matrix.org> Yah pretty obvious by now it’s been filtered out

<k​illercat103:xmr.se> Hm kinda wish I could convince merchants to adopt it but i dont know any personally

<k​illercat103:xmr.se> theres just the mainstream grocery stores

<p​olar9669:matrix.org> Last push for adoption using ccs was in 2017

<p​olar9669:matrix.org> After there it’s just dependent on niche market

<k​illercat103:xmr.se> At least flokinet and addy.io accepts monero + donations to a bunch of stuff

<k​illercat103:xmr.se> So I can actually use it

Off topic

( #monero)

<p​reland:matrix.org> I’d be interested in seeing a steganographic cryptocurrency, especially considering how many draconian countries ban or directly middleman encryption (such as Kazakhstan). Not sure how viable it would be in practice

We're interested in monero here

Start training pigeons to carry your tcp packets

<d​iego:cypherstack.com> Hi