04:52:12 .xmr 04:52:12 apotheon: ≈$275.4242 • ≈ value of: 1 XMR • Source: cmc/ccc/altm 07:30:37 .cmr 12:33:49 If you have tainted bitcoin, is it possible to convert that to fresh bitcoin with the monero atomic swap? 12:35:15 Why even convert it back to Bitcoin? Stay in Monero, there is no such thing as tainted Monero 12:36:51 how hard is it for my client to convert bank money or cash into monero? 12:39:17 Wire transfer to Kraken and buy Monero there 12:39:38 Kraken has XMR/USD/EUR pairs 12:41:13 kish`: I don't know how likely you are to get "fresh bitcoin" from atomic swaps, but it seems like there's some possibility you'll get that. It's probably a crapshoot. 12:41:49 kish`: I have no idea what you mean about your client converting fiat to Monero. 12:42:03 kish`: Can you clarify what you're asking? 12:42:38 apotheon, people may want to purchase Monero with fiat and send it to me 12:42:48 I am not sure how easy that is 12:45:55 Unless atomic swap providers impl chain analysis, you can atomic swap Bitcoin you don't like for something fungible. If everyone has that practice, no one will submit fresh Bitcoin, which is universally liked. That said, swapping back helps break its fungibility by removing info on some of its links, providing plausible deniability, and may give you Bitcoin you like more 12:46:58 For example. I have some Bitcoin who I named Josh and I love it. I would atomic swap all my other BTC for him. It's the new pet rock: web scale edition. 12:47:30 atomic swap btc -> xmr, then you can use the xmr to buy squeaky clean btc ;) 12:47:35 Suppose the bitcoin I receive are blacklisted shortly after 12:47:35 or tracked by authorities 12:47:40 I need to get past that 12:47:48 I think I will go with Monero. 12:48:02 Inge: You'd either need to swap for used BTC and then buy it at a premium, get lucky, or work out a deal with the party so they directly take BTC 12:48:07 Binance, and Kraken support Monero. Excellent. 12:48:08 kish`: Then don't use BTC 12:48:20 If you have those fears, you can't use a coin which doesn't resolve them 12:48:46 kayabaNerve, I didn't know I could just get them to directly deal with me in Monero. 12:48:57 I don't know if you could. 12:49:05 This new knowledge improves things considerably. 12:49:10 There's a business selling BTC fresh from the farms. 12:49:17 Can't I? 12:49:26 Yeah I want to avoid BTC preferably 12:49:37 I've seen one specifically over the years, no idea if it's legit, and even if they aren't, there's still a business in the concept. 12:49:52 kayabaNerve: premium? 12:49:55 I had a lot of BTC years ago sadly 12:49:59 So the question is what will they sell for. They have something you want. You presumably have something. Do they want it as much as you do? 12:50:18 So yeah, if you can convince the relevant party to take XMR, you can buy fresh BTC. 12:50:37 But you have to get a BTC mining org to turn their BTC, their currency of choice, into another coin. 12:50:55 So it may be a hard sell, because even if they like the idea, they may not appreciate the media angle. 12:50:56 Hmm 12:51:04 media angle? 12:51:09 But yeah, if you, as a human, strike a deal, with another human, you can conduct commerce. 12:51:24 Is there something I should know about? 12:51:38 The questions are which human and what deal. Theoretically there's a human with access to fresh BTC willing to accept some XMR at some price. No idea who, no idea how much. 12:51:49 But if you're interested, it's feasible to send the right emails. 12:52:02 "Top Bitcoin miner with thousands of community members moves to XMR" 12:52:07 BTC maxis would have a field day. 12:52:16 Hmm I guess me converting btc to xmr on binance for example is going to raise tax questions 12:52:40 Inge: The one site I've seen selling fresh BTC, again, not vouching for it, charges +15% IIRC 12:52:56 Because its whole purpose is the fact it's clean BTC with 0 risk of being flagged anywhere 12:53:02 right 12:53:19 still, you can get pretty clean btc from Kraken / Coinbase / Gemini etc ... 12:53:21 Whereas random BTC could be connected to a drug deal which gets you stuck in the middle (there has been at least one claim of that happening) 12:53:35 Oh. Any major exchange which sends you it should be seen as a clean break in a perfect world. 12:53:43 They vouched for it as clean the moment they sold it. 12:53:51 The issue is smaller parties and lack of communication. 12:54:18 kayabaNerve, I can sell the XMR I make for local cash 12:54:32 Where Coinbase may say "We don't extend our trust to the judgement of your payment processor for your coffee shop" and the coffee shop handler may not even publicly say it went through them 12:54:44 It's a really fascinating question with one answer 12:54:45 Use XMR 12:54:56 It avoids this whole debate (mostly) 12:55:13 kayabaNerve: it gets worse, when your exchange starts bullying you for what you did with your withdrawn btc, several hops away from the exchange ... 12:55:14 Or, to hedge your bets, a competent ZK SNARKS solution. 12:55:19 client converts fiat to xmr i get xmr and i convert xmr to cash 12:55:26 Inge: That happened with TradeOgre a couple months ago 12:55:33 kish`: sounds nice 12:55:37 A payment processor flagged TXs involving them as illegitimate 12:56:02 Not endorsing any parties in this convo, named or unnamed btw. 12:56:11 Except Monero. Monero is great 12:56:42 not perfect by any stretch of the imagination. But the best we have. 12:56:47 Any risk Monero will be banned from exchanges? 12:57:44 kish`: that has actually happened - in South korea, Japan and australia. Although AFAIK not due to govt regulation, more due to banks pressurising exchanges, and in South Korea due to some social pressure after a pedophile ring was using it for payments 12:58:48 Inge: Mind if I PM you? I don't want to bog down this channel with alt discussion 12:58:57 I promise to not sell you a ponzi ;) 12:58:58 feel free 12:59:02 ahaha 12:59:13 as long as you get me in early and out in time :P 17:22:36 is it a bad idea to copy the lmdb dir instead of exporting the blockchain to a file and importing? 17:23:01 Only if a process is writing to it at the same time. 17:23:21 ok, so so long as monerod is stopped then it should be okay? 17:23:52 Yes. 17:24:30 ok cool, thank you 17:25:37 And if monerod is running, mdb_copy is much faster than export/import. 17:25:46 Or.. I expect it to be. 18:12:28 how large is the monero chain 18:27:10 40gb pruned, 110gb unpruned 18:27:12 approx 18:38:43 Almost 120GB unpruned by now 18:51:34 o_0 18:57:18 long way to go to fill up my 1TB SSD