libera #monero

8 Nov 2021

[XMR] Be excellent to each other and welcoming to newcomers || getmonero.org || Dev: #monero-dev || Pool related: #monero-pools || Price chat: #monero-markets || People can & do log this channel

• 21:36
  apotheon
  What's a good place to get Litecoin? It seems like something I might want to use as an intermediary to acquire Monero.
• 21:36
  apotheon
  I tried Cake Wallet, and it errored out.
• 21:36
  Mochi101
  Depends what you're trying to buy it with.
• 21:36
  apotheon
  My fallback idea is Coinbase, but . . .
• 21:37
  apotheon
  Mochi101: USD, with preferably not-much-reporting
• 21:37
  Mochi101
  oh... good luck to you.
• 21:37
  apotheon
  I want to acquire a few K USD, but not 10K+.
• 21:37
  apotheon
  thaaanks
• 21:37
  apotheon
  I mean, obviously my credit card is going to involve some reporting.
• 21:38
  apotheon
  I'd like to not have to go through the rigmarole of a deep KYC process.
• 21:38
  apotheon
  credit card or bank transfer; either way
• 21:38
  louipc00D
  litecoin is offered wherever bitcoin is sold
• 21:38
  apotheon
  Also, it turns out Coinbase has some asinine, bullshit stupidity involved where it sometims thinks you're a different person.
• 21:39
  apotheon
  louipc00D: I haven't bought BTC in many places, so I don't know what's reasonably good and easy.
• 21:39
  apotheon
  (I haven't bought Litecoin at all, yet.)
• 21:40
  NllPtr
  apotheon: could try to search in p2p markets?
• 21:41
  apotheon
  Do you mean darknets, or Bisq, or what?
• 21:41
  apotheon
  I don't think buying Litecoin on Bisq is an option.
• 21:42
  louipc00D
  localmonero.co or something
• 21:42
  louipc00D
  localbitcoins.com
• 21:42
  apotheon
  ah, yeah
• 21:42
  great_taste
  was monero removed from all major exchanges?
• 21:42
  Mochi101
  no
• 21:42
  apotheon
  That's a bit less what I'm trying to find.
• 21:42
  louipc00D
  it was removed from a few
• 21:42
  apotheon
  (re: localfoo)
• 21:43
  Mochi101
  great_taste, even if it was, atomic swaps are a reality now, and in the future will be easier to use
• 21:43
  apotheon
  I actually want to get the Litecoin elsewhere then trade it for Monero via localmonero.
• 21:43
  NllPtr
  great_taste: it is on binance, but you know they have kyc
• 21:43
  great_taste
  what are atomic swaps?
• 21:43
  apotheon
  It's the "get the Litecoin" part that I'm pondering.
• 21:43
  Mochi101
  trustless swapping/trading between bitcoin and monero
• 21:43
  louipc00D
  better price in litecoin?
• 21:44
  apotheon
  great_taste: It's a transactional (in the sense of DBMSes) system for swapping BTC and Monero.
• 21:44
  apotheon
  good provider that doesn't seem to take USD
• 21:53
  Mochi101
  I'll take Tradeogre for $1200
• 21:55
  apotheon
  Does TradeOgre even accept USD?
• 21:55
  apotheon
  I thought it was cryptocurrency-only.
• 21:56
  Mochi101
  oh I thought I was on a gameshow
• 21:56
  Mochi101
  nvm
• 21:56
  apotheon
  hmph
• 21:57
  apotheon
  I guess I should just go with Coinbase, at this point. Nobody seems to have better ideas.
• 21:57
  Mochi101
  apotheon, you're in the USA?
• 21:58
  Mochi101
  or EU ?
• 21:58
  Mochi101
  I need to start a database, so hard to keep track of people's info.
• 21:59
  apotheon
  US
• 21:59
  apotheon
  NYC
• 21:59
  apotheon
  near Park Avenue
• 21:59
  apotheon
  SSN: 666-13-1024
• 22:00
  apotheon
  sergeant in NYPD
• 22:00
  apotheon
  7th Precinct
• 22:00
  apotheon
  Is that enough?
• 22:00
  Mochi101
  Mother's maiden name?
• 22:02
  apotheon
  Beauchamp
• 22:30
  yanmaani
  FinCEN mentioned Monero in a report
• 22:30
  yanmaani
  they did NOT mention Zcash
• 22:30
  yanmaani
  get fucked, losers
• 22:31
  raecarruth
  nobody ever mentions zcash
• 22:58
  apotheon
  raecarruth: Zcash maxis mention it.
• 22:59
  yanmaani
  zcash maxis ahahaha
• 23:02
  apotheon
  You laugh, but they exist.
• 23:13
  yanmaani
  all five of them
• 23:14
  Mochi101
  You're exaggerating
• 23:14
  Mochi101
  There are only 3
• 23:25
  apotheon
  I think there may be more of them than you realize.
• 23:25
  apotheon
  . . . on Twitter alone.
• 23:25
  NllPtr
  didn't zcash want to add a backdoor for the feds?
• 23:26
  NllPtr
  why would people like that
• 23:26
  apotheon
  NllPtr: It has a front door for the feds. It's called "defaults to not private".
• 23:27
  apotheon
  . . . but the backdoor may be the key used to set it up.
• 23:27
  NllPtr
  i see, i would like that more stores supported monero in my country most just accept bitcoin
• 23:28
  apotheon
  Yeah, I'd like to see *any* shop accepting Monero.
• 23:28
  apotheon
  Some people believe so strongly in the need for government's "protection" from things like black market goods that they're willing to give up privacy to law enforcement.
• 23:29
  apotheon
  Some people who prefer Zcash just think it's better because of zk-SNARKs.
• 23:29
  NllPtr
  thing is, black market existed before crypto and will continue to exist after crypto
• 23:29
  NllPtr
  is just the typical boogey men they use
• 23:33
  apotheon
  sure
• 23:34
  apotheon
  but people believe in that bogeyman anyway
• 23:35
  yanmaani
  i mean zcash's had conversations with feds, that much is true
• 23:35
  yanmaani
  where they pretty much said "no don't worry this is crap"
• 23:35
  yanmaani
  but the proof is in the pudding - these guys aren't even talking about zcash
• 23:36
  apotheon
  There's also the front door (default non-private) and the potential back door (the possibility of the setup key not having been properly discarded/destroyed).
• 23:36
  apotheon
  yanmaani: I'd like a source on the "don't worry this is crap". That seems interesting.
• 23:36
  apotheon
  Yes, I'm aware that's likely not a direct quote.