00:00:27 <ShaneonConduitrs> > Hello! Welcome to NOWPayments support. If I understand you correctly, our merchants can accept payments in crypto and withdraw payouts in fiat starting from just €15 (SEPA) via our provider Switchere.... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/af95b2c193f096b84c0941255ffb5e42407a4f1f>)
00:09:07 <ShaneonConduitrs> exchanging 100 EUR worth of BTC to EUR has 20 EUR fee
00:09:09 <ShaneonConduitrs> ehw
00:09:52 <ShaneonConduitrs> oh that's for buying
00:09:58 <ShaneonConduitrs> selling BTC for EUR is 96.96 EUR
00:09:59 <ShaneonConduitrs> oke
00:13:03 <DanIsnotthemanBr> Yeah i wouldn’t be using btc now.
00:13:22 <ShaneonConduitrs> also yes
00:13:31 <ShaneonConduitrs> but is there an alternative to switchere that accepts XMR
00:19:22 <ShaneonConduitrs> like  a thing that can be automated to exchange crypto to FIAT from the shop
00:19:59 <ofrnxmr[m]> Siren:  Stnby: 
00:20:36 <ShaneonConduitrs> the idea is so that the website owner could just set that they want e.g. 300 EUR in crypto and everything else to be exchanged in FIAT
00:20:49 <ShaneonConduitrs> before they evolve as a human to go full crypto~
04:42:09 <Stnby[m]> <ShaneonConduitrs> "before they evolve as a human to..." <- NowPayments is one of the solutions. We used it to implement the plugin for pretix for MoneroKon. Another possible solution would be coinpayments.net which also does support XMR and works in a similar way as the previous one. If you want custom plugin/integration or support you can reach us out 😉
08:58:46 <mlcboss[m]> is this bullshit?
08:58:46 <mlcboss[m]> 1% of monero address control almost half of 50% of xmr supply 
09:02:02 <mlcboss[m]> will monero inflation fixed this?
09:04:21 <sech1> yeah sure, you can check here: https://localmonero.co/blocks/richlist
09:06:48 <mlcboss[m]> jesus chatgpt giving wrong information
09:07:18 <ocean[m]> you don't say 😑
09:10:12 <mlcboss[m]> is MimbleWimble private or no?
09:10:12 <mlcboss[m]> MimbleWimble as layer 2 option for xmr cause there is no way the mainnet is used for reward transaction 
09:15:37 <sech1> MimbleWimble is not private against active observers with many nodes. Monero doesn't even use MimbleWimble.
09:23:34 <mlcboss[m]> <sech1> "MimbleWimble is not private..." <- how will xmr implement layer 2? 
09:24:51 <merope> First you gotta ask: does it even need a layer 2?
09:25:16 <merope> And second, there are already some papers out about L2 payment channels for Monero
09:25:51 <mlcboss[m]> merope: yes it would be cool xmr be used as a reward for decentralized system 
09:26:12 <merope> Wat
09:30:01 <mlcboss[m]> merope: decentralized storage , providers will be rewarded with xmr instead of other tokens 
09:30:01 <mlcboss[m]> decentralized vpn , providers will be rewarded with xmr instead of other tokens 
09:30:01 <mlcboss[m]> advertisements paid in xmr instead of other tokens 
09:30:01 <mlcboss[m]> having a layer 2 is make sense for this kind of transaction or it will be a huge bloat for the mainnet 
09:30:41 <merope> You don't need a L2 for any of that
09:32:05 <mlcboss[m]> merope: a sidechain maybe works too? 
09:32:17 <ofrnxmr[m]> R/eth
09:32:21 <merope> You don't need that either
09:32:32 <merope> I think you need to learn a bit more about Monero's features, purpose, and the principles behind them
09:32:42 <merope> As well as the general crypto terminology
09:32:46 <ofrnxmr[m]> Storafe? R/ipfs
09:32:52 <merope> And PLEASE do NOT use chatgpt
09:32:54 <ofrnxmr[m]> Vpn r/eth
09:32:59 <ofrnxmr[m]> Ads r/eth
09:33:12 <ofrnxmr[m]> Keep that trash off my storage
09:33:15 <merope> It's not an accurate source of information, it's just a text generator
09:33:55 <DanIsnotthemanBr> Tldr?
09:34:43 <merope> DanIsnotthemanBr: Dude doesn't understand some crypto terminology and has been "learning" stuff from chatgpt, so they're trying to slap a L2 on anything 
09:34:56 <DanIsnotthemanBr> Oo
09:35:01 <ofrnxmr[m]> "lemme store ads on xmr" 
09:35:02 <ofrnxmr[m]> or not
09:35:04 <ofrnxmr[m]> <mlcboss[m]> "decentralized storage , provider..." <- > <@mlcboss:matrix.org> decentralized storage , providers will be rewarded with xmr instead of other tokens... (full message at <https://libera.ems.host/_matrix/media/v3/download/libera.chat/d5fd47ca7e85a0683f61565f1daabc425986b208>)
09:35:39 <DanIsnotthemanBr> Use tx_extra
09:35:50 <ceetee[m]> have you guys heard about mordinals? I think they would be great to store ads
09:35:56 <merope> ofrnxmr[m]: > <@ofrnxmr:monero.social> "lemme store ads on xmr" 
09:35:56 <merope> > or not
09:35:56 <merope> I think they just meant using xmr to pay for it. Which is plenty feasible, but you don't need an entire L2 for it
09:36:08 <DanIsnotthemanBr> It going to be the next big thing!!
09:36:56 <ofrnxmr[m]> Wen brave + cake parnership to do "private ads" 
09:37:18 <ofrnxmr[m]> but no. Monero does not need to be a monopoly
09:37:53 <ofrnxmr[m]> Lemme reguster my car, manage my cats microchip, check my emsil, run chatgpt
09:37:57 <ofrnxmr[m]> Lol
09:37:58 <ofrnxmr[m]> No
09:38:34 <mlcboss[m]> merope: yeah i guess your right xmr doesn't need layer 2 similar to btc / eth
09:38:36 <ofrnxmr[m]> Imaging putting all eggs ON one basket
09:38:42 <DanIsnotthemanBr> There is heaps that use xmr for payment
09:39:12 <ofrnxmr[m]> Xmr is money supply... using it to build on --- thats btc
09:39:20 <DanIsnotthemanBr> LNxmr when¿
09:39:27 <ofrnxmr[m]> Thats why btc and eth dont even know what they are anymore 
09:39:38 <ofrnxmr[m]> Just gas to fuel the dapps
09:39:58 <DanIsnotthemanBr> ofrnxmr[m]: DigitalgoldlasereyesfckLn
09:40:03 <DanIsnotthemanBr> Pewpew
09:40:14 <ofrnxmr[m]> HFSB
09:40:38 <ofrnxmr[m]> Youre not SUPPOSED to spend btc #2023
09:40:49 <DanIsnotthemanBr> Hold never sodl
09:41:05 <DanIsnotthemanBr> * Hodl never sodl
09:41:14 <ofrnxmr[m]> Diamond hands. This is theHARDEST money (to use)
09:41:49 <merope> DanIsnotthemanBr: Use > hodl
09:41:59 <merope> If money doesn't flow, it's worthless
09:41:59 <ofrnxmr[m]> Eth is like.. if you want that junk, thats how you get eth
09:42:02 <ofrnxmr[m]> merope: Btc? Ya rite
09:42:07 <mlcboss[m]> xmr fees are way cheaper , eth was used for decentralized system before until they realized the fees is too ridiculous
09:42:07 <mlcboss[m]> https://forum.storj.io/t/super-high-gas-price/11051
09:42:32 <merope> No, Monero. We need applications that use xmr for payment
09:42:38 <ofrnxmr[m]> Money flow straight to miners at those rates 
09:42:40 <DanIsnotthemanBr> Eth is for monkey pics
09:42:44 <ofrnxmr[m]> Talk about a "tax"
09:42:57 <ofrnxmr[m]> mlcboss[m]: > <@mlcboss:matrix.org> xmr fees are way cheaper , eth was used for decentralized system before until they realized the fees is too ridiculous
09:42:57 <ofrnxmr[m]> > 
09:42:57 <ofrnxmr[m]> > https://forum.storj.io/t/super-high-gas-price/11051
09:42:57 <ofrnxmr[m]> I wonder why the fees arent conduvtive to using eth as money
09:43:01 <merope> Which does not imply storing code or data on-chain
09:43:24 <ofrnxmr[m]> Oh yeah, its becayse eth use asmoney is not a priorit(i mention movie because the milestones were misleading - youre not paying for what was advertised - just like haveno's.)
09:43:48 <ofrnxmr[m]> Fkn copy paste
09:44:04 <ofrnxmr[m]> At least it wasnt my seed
09:44:47 <DanIsnotthemanBr> Master plowsof is xmr sdk ready for big brains to look at?
09:44:48 <ofrnxmr[m]> * Oh yeah, its because eth n btc use as money is not a priority that tx fees are allowed to creep to enterpruse leveks
09:45:55 <ofrnxmr[m]> Xnr fees are cheap because there arent 500 shitscamthings using our blockchain 
09:47:28 <DanIsnotthemanBr> Xmrc-20
10:47:59 <ShaneonConduitrs> <ofrnxmr[m]> "Youre not SUPPOSED to spend btc..." <- that's the worst advice i ever saw.. #murderBTC
10:48:27 <ShaneonConduitrs> sears that thing
11:07:17 <susman1[m]> i've asked this before but how risky is it to have a very small monero saving acct?
11:07:47 <susman1[m]> bascially I am concerned with how volatile XMR is or isn't
11:36:00 <ofrnxmr[m]> Hi. My name is "chart"
11:36:00 <ofrnxmr[m]> xmr has been a as good or better SOV than btc since it was listed
11:36:52 <ofrnxmr[m]> Also. Again, this isnt r/eth/notmoney
11:37:18 <ofrnxmr[m]> Monero gets treated like money
11:37:28 <ofrnxmr[m]> If you arent holding some, just what are you doing? 
11:37:42 <susman1[m]> <ofrnxmr[m]> "Xnr fees are cheap because there..." <- the fees will rise and become unsustainable no?
11:37:50 <ofrnxmr[m]> do you just stay broke 24/7 and only hold bananas?
11:37:58 <ofrnxmr[m]> Sell some bananas when you need usd?
11:38:07 <ofrnxmr[m]> No. You hold money
11:38:16 <ofrnxmr[m]> susman1[m]: No
11:38:21 <ofrnxmr[m]> thats r/btc
11:39:00 <ofrnxmr[m]> Monero fees ramp up from 0.5c > 2c when blocks need to grow
11:39:10 <ofrnxmr[m]> Aftrr they grow, fees come back down
11:39:35 <ofrnxmr[m]> This isnt "bid to kick people out of the mempool"
11:40:36 <ofrnxmr[m]> Or "pay to cut in line"
11:40:51 <DanIsnotthemanBr> Capitalist mempool
11:41:19 <ofrnxmr[m]> Its "pay for another cashier to open a second til to more people" 
11:41:49 <ofrnxmr[m]> "if the lines stay long, the second cashier will be a permant role and peopke dont need to pay extra anymore. Add a third too if necessary"
11:43:43 <susman1[m]> Dan (Is not the man & Braxman Tomsparks Advocate): isn't crypto capitalist in nature?
11:43:53 <ofrnxmr[m]> No
11:43:59 <ofrnxmr[m]> Most crypto is just scammy
11:44:09 <ofrnxmr[m]> How many gpu mining software are foss?
11:44:31 <ofrnxmr[m]> Bunch joke projects and windows users getting taken for a dogwalk
11:45:31 <ofrnxmr[m]> btc isnt capitalist, its almostt like bank run rugrpull
11:45:33 <susman1[m]> well it is currency 
11:45:41 <ofrnxmr[m]> Xmr is
11:45:49 <ofrnxmr[m]> Btc isnt
11:45:51 <ofrnxmr[m]> Lol
11:46:07 <susman1[m]> monero would be capitalist too tho as it is a currency
11:46:15 <ofrnxmr[m]> Btc folks cant even tell you what btc is aside from a dream
11:46:17 <ofrnxmr[m]> susman1[m]: No
11:46:22 <ofrnxmr[m]> Monero is freedom money 
11:46:40 <ofrnxmr[m]> Its whatever you want it to be 
11:46:41 <susman1[m]> it is libertarian
11:46:50 <susman1[m]> which is kinda needed for capitalism
11:47:28 <ofrnxmr[m]> monero aka money doesnt have politics. 
11:47:28 <ofrnxmr[m]> its just a MOE
11:47:28 <ofrnxmr[m]> is a communist country wanted to use xmr, they could 
11:47:39 <ofrnxmr[m]> If socialist wantd to, they can
11:48:01 <ofrnxmr[m]> Monero is just money. And can be used or controlled however someone wants
11:48:10 <ofrnxmr[m]> Example bbeing "btc in elsalvador"
11:48:21 <ceetee[m]> susman1[m]: currencies have existed pong before the concept of capitalism and communism. dont mix up the details
11:48:26 <ofrnxmr[m]> Which is just what, custodial ln? strike?
11:48:29 <ceetee[m]> * currencies have existed long before the concept of capitalism and communism. dont mix up the details
11:51:00 <DanIsnotthemanBr> I think michael saylor doesn’t have control of his coins. I think its in custodial cold wallet
11:51:04 <ofrnxmr[m]> Maxis preaching "use custodial ln" = layers allow centralization of base layer assets
11:51:35 <ofrnxmr[m]> Base layer assets = the actual xmr, btc etc 
11:52:08 <ceetee[m]> Maxis also say dont spend your BTC, but rather use it as a collateral for a loan, which implies custodial wallet
11:52:24 <DanIsnotthemanBr> Fix your e2ee k thanks bye
11:53:03 <DanIsnotthemanBr> ofrnxmr: 
11:53:19 <ofrnxmr[m]> its not mine 
11:53:58 <ofrnxmr[m]> Says your client isnt sending the keys
11:54:18 <DanIsnotthemanBr> High security
11:54:31 <DanIsnotthemanBr> Use my view key
11:55:49 <ofrnxmr[m]> Im going to send a verification request
11:55:49 <ofrnxmr[m]> accept and hopefuly that works
11:56:11 <DanIsnotthemanBr> Go offtopic
20:31:02 <DanIsnotthemanBr> https://moneronodo.com/
20:31:02 <DanIsnotthemanBr> Samurai watch out
20:31:31 <DanIsnotthemanBr> Also nodo means something else here
20:38:02 <jamss[m]> <DanIsnotthemanBr> "https://moneronodo.com/..." <- > <@123bob123:matrix.org> https://moneronodo.com/
20:38:02 <jamss[m]> > 
20:38:03 <jamss[m]> > Samurai watch out
20:38:03 <jamss[m]> Your project?
20:53:02 <k4r4b3y[m]1> <DanIsnotthemanBr> "https://moneronodo.com/..." <- > <@123bob123:matrix.org> https://moneronodo.com/
20:53:02 <k4r4b3y[m]1> > 
20:53:02 <k4r4b3y[m]1> > Samurai watch out
20:53:02 <k4r4b3y[m]1> Not tor browser friendly
22:02:06 <DanIsnotthemanBr> <jamss[m]> "> <@123bob123:matrix.org> https:..." <- Neg
22:04:15 <DanIsnotthemanBr> Saw in monerotopia room
22:12:58 <bridgerton[m]> <Nitro> Who is the guy in your pfp? He kinda weirds me out for some reason
22:15:05 <DanIsnotthemanBr> bridgerton[m]: https://piped.kavin.rocks/watch?v=wIbb5KeGhGc
22:24:35 <ofrnxmr[m]> Its me