00:29:37 I am really tempted to like xmr but I disagree with what it stands for 00:30:34 xmr is currency, what can a currency stand for? 00:41:49 Xmr stands for monero 00:41:54 ... 00:43:17 violent rhetoric: what did want xmr to stand for? 00:50:14 ok i think you mean anonymity and stuff. so hu you do you, your wrong, but freedom is what matters. and XMR gives you freedom with your money, just like how you can say freely that you dont like it. :D 01:17:59 Oh, theyre saying that they dont like what MOE stands for? 02:17:46 hi all 02:19:08 i bet this is an interesting channel 02:19:32 how's it going? 02:19:36 i have a question 02:19:50 how hard is it to go from buying Monero with a debit card to having a 100% anonymous Monero wallet? 02:20:19 Could the steps be as simple as generating a new Monero wallet offline and transferring the funds from the wallet you set up with your debit card to your info to the new wallet? Or do i need to use a shuffler? 02:20:42 scratch that last line. i had a typo. 02:20:54 Could the steps be as simple as generating a new Monero wallet offline and transferring the funds from the wallet you set up with your debit card to the new wallet? Or do i need to use a shuffler? 02:20:59 there's the corrected version 02:27:14 hello 02:27:34 my atomic swap has an absurd transaction fee, how do I get it to charge a decent fee? 02:27:50 Relative bound of transaction fees reached. Falling back to: 1200.00 sats 02:27:50 Deposit at least 0.000412 BTC to cover the min quantity with fee! 02:27:51 Waiting for Bitcoin deposit deposit_address=blah min_deposit=0.000412 BTC max_giveable=0 BTC 02:27:51 minimum_amount=0.0004 BTC maximum_amount=0.00097739 BTC 02:27:52 Received Bitcoin new_balance=0.00097739 BTC max_giveable=0.00063477 BTC 02:27:52 Determined swap amount amount=0.00063477 BTC fees=0.00034262 BTC 02:27:53 Relative bound of transaction fees reached. Falling back to: 1904.31 sats 02:27:53 Relative bound of transaction fees reached. Falling back to: 1904.31 sats 02:27:54 Starting new swap swap_id=7703d73b-a747-4ef4-ab0a-25a48bff4cd6 02:27:54 Published Bitcoin transaction txid=blah kind=lock 02:27:55 Waiting for Alice to lock Monero 02:28:07 ie. BTC fees=0.00034262 02:28:29 that's like $15 02:28:44 how do I stop alice from giving the chinese miners all my money? 02:29:22 200k txs in the btc mempool 02:29:36 why does anyone use that shitcoin 02:29:55 digital gold hehe 02:30:03 because normies have cashapp 02:31:40 I know someone that withdrew btc from an exchange yesterday, a fee of ~80000 sats lolol 02:31:56 over $30 02:32:16 weirdly, the thing says 1200 sats, and says 1900 sats somewhere else 02:32:50 then proceeds to rob me blind? Anyway, the money is gone, but why can't I tell the comint swap program how much fee I want? 02:32:54 those are cheap fees rn 02:33:17 probably will wait a long time to get in a block 02:33:30 I had a $2 fee a couple of hours ago. I'd rather have some information about fees before I commit to transacting 02:34:42 it said: Relative bound of transaction fees reached. Falling back to: 1904.31 sats 02:34:55 I have never used atomic swaps .shrug 02:34:57 I guess this is a relative fee, sats/UNIT, whatever UNIT is? 02:35:38 anyway rip money, swaps bad 02:38:20 what is this m-relay 02:38:27 how does that work 02:43:23 a bridge between irc and matrix 02:44:55 yes I am on https://app.element.io 's matrix client 02:45:10 https://matrix.to/#/#monero:monero.social 02:45:13 this is the room 03:08:29 so if i buy monero with my debit card, then transfer all of my money to an offline generated wallet, am i then anonymous? 03:08:48 i mean is my monero wallet then anonymous 03:09:19 there's no way to link the 2 so it must be anonymous 03:10:25 then i can transfer the funds to a more stable offline wallet using a cryptocurrency like bitcoin 03:12:18 IRS can audit your transaction womp womp 03:14:05 if they can't see the blockchain how can they audit it 03:14:13 what's womp womp 03:16:47 https://www.forbes.com/sites/kellyphillipserb/2020/09/14/irs-will-pay-up-to-625000-if-you-can-crack-monero-other-privacy-coins/ 03:17:46 to me, that indicates that they can't audit it 03:19:36 i would think it would be a good idea for some entrepreneurs to start working on a new private cryptocurrency in the event that monero is cracked 03:21:43 Womp womp https://wompwompwomp.com/ 03:23:17 i'm not taking up trombone playing any time soon 03:25:20 i'm kind of curious what the point is of using matrix to chat here when you can just use a vpn or tor 03:30:26 seeing highly political usernames like redstarcomrade and shroomreactionary in a monero channel kind of makes me wonder 03:32:02 are they seriously committed to a particular political cause or more interested in the ego-identified-aesthetics 03:32:08 lol 03:43:07 is that it though? 03:43:26 it seems like there shouldn't need to be any more to it than that 03:43:56 step one: buy monero however you please, even if it's very personally identifiable 03:44:22 step two: transfer all of your funds to a wallet generated offline 03:44:26 you now have private banking 03:44:31 anonymous banking 07:08:44 i have btc and i want to convert to xmr. but the fees are insane rn. is there anything i can do? 07:08:59 is btc -> btc lightning an option to avoid these fees? or will i still have to pay absurd transaction fees 07:09:08 very confused on what i need to do rn 07:10:09 Find someone who wants BTC for XMR 07:13:08 but ill still have to pay transactxion fees 07:13:10 i dont get it 07:26:35 where is your btc? 07:26:40 Is it on a cex? 07:26:48 if so: i may be able to help 07:27:17 or is it already in self-custody (your own wallet) 07:27:47 my own wallet 07:27:52 welcome to bitcoin 07:27:57 whats the difference if u dont mind me asking? 07:28:05 bro my btc doubled in amount 07:28:08 Pay the fee to secure the blockchain 07:28:09 so i literally doubled my moeny 07:28:13 and now that i want to convert 07:28:23 the transaction fees will literally take all my earnings 07:28:27 so its as if i did not double my moey 07:28:28 lmfao 07:28:35 this is actually so fucked 07:28:36 Thats how bitcoin works 07:28:45 what about btc to lighting 07:28:52 cant i avoid transaction fees like that 07:28:54 Withiut fees, network security goes down 07:29:09 i dont know too much abt lighting network 07:29:09 Yes 07:29:16 Use a coin that isnt broken by design 07:29:50 Litecoin is usually a fast and liquid swap pair for xmr 07:30:35 Bitcoin can only handle 600ktx/day. Thats less than almost any major city in north america 07:30:47 so whats my best course of action 07:30:56 to put my btc on the lighting network? 07:30:59 and then convert? 07:31:02 pay the fee 07:31:13 You have to pay to put it on LN 07:31:20 ... 07:31:24 Thats why ln is broken 07:31:26 so what the fuck is the point of low fee lighting 07:31:28 if i have to put the fee 07:31:31 pay* 07:31:33 this is such rape 07:31:41 It takes 40+ years to onboard 7billion people 07:31:55 Scamming normies 07:32:02 is there downtime 07:32:05 Thats why.. we monero 07:32:06 like will the fee rate change 07:32:20 if i wait a few hours 07:32:20 or will i just have to bite the fucking bullet and accept the rape 07:32:21 mempool.space 07:32:34 does this track the fee? 07:33:02 https://bitinfocharts.com/comparison/bitcoin-median_transaction_fee.html#3m 07:33:19 Yes 07:33:36 Both of those links show fees 07:33:53 The first shows you the current blockchain cingestion 07:34:05 txstreet.com/v/btc 07:34:10 This is a visual one 07:34:47 i dont know how to read mempools like i have no idea what i am looking at 07:35:40 See the boxes at the top 07:36:09 On the left in yellow/orange, are how many blocks are waiting 07:36:31 Bitcoin does 1 block every 10 mins. There are 329 blocks in the queue 07:37:04 On the right, in purple, are confirmed blocks. It shows the actual fees paid on each block 07:37:21 from this chat 07:37:23 chart 07:37:27 it looks like btc fees are on the high end now 07:37:30 and maaybe will go down 07:37:35 cuz last week its 2-3 07:37:38 now its 7% 07:37:54 Eirher way, fees wre >$25 earlier today 07:38:14 how do i determine the best time to exchange 07:38:25 Btc fees _have_ to go up and stay up ~50/tx 07:38:47 Or btc has to go to 70k 07:38:55 is there a better way to track this besides checking rates every few hours like a monkey 07:39:05 cuz i just want to convert everything to xmr alry 07:39:07 If i was you, id take the loss 07:39:12 and never use btc again 07:39:29 the rate rn is too fucked 07:39:29 but im not you. So, youre free to be a masochist 07:39:30 i dont choose to use btc. others jsut use it unfortnately 07:39:36 so i have to accept it 07:39:41 No you dont 07:39:47 basically what i am asking is 07:39:53 Tell them to use trocador in payment mode 07:39:59 are there any other sites or charts i should be looking at rn 07:39:59 And accept xmr 07:40:19 it confuses them and they just decide not to proceed. the ppl im dealing with are retarded 07:40:30 i absolutely am not accepting your pet rock chains 07:40:38 what is pet rock chains 07:40:56 <123bob123:matrix.org> nioc has one 07:41:01 Create an anonpay link 07:41:08 Bitcoin 07:41:14 You cant spend it 07:41:27 You can just look at it and admire it 07:41:30 Its a pet rock 07:41:35 it doesnt _do_ anything 07:42:17 yeah 07:42:30 my btc doubled in value and it means nothing since the transaction fees rapes all my earnings 08:14:35 this is by design 08:15:31 You VILL pay ze fee 09:19:24 sell all at once? I don't know why people trip over such small amounts of money...your life won't be changed if your $12.50 turned into $25 09:19:40 also, you could use a decent wallet and set a $2 fee while you wait for it to confirm next week 09:51:23 well I just think monetary anonymity/privacy is a huge factor was to why economies have become so shit 10:06:13 class/wealth inequality 10:06:19 for instance 10:16:14 I just don't want big daddy auditing my transactions 10:36:03 its been 'rules for thee & not for me' forever. xmr levels the playing field 10:36:08 I see that you are talking about transaction fees, could you please link me an article where they explain how they work in Monero? 10:46:25 Maybe this is a good starting point: https://gomonero.com/transaction-fees/ 11:05:09 OK so why not campaign to get rid of the corruption and not make the tools for available for everyone 11:05:40 tax evasion/money laundering is bad in most cases no matter who does it 11:06:27 Thanks! 11:08:34 do you not want free healthcare or education? 11:08:52 nope 11:08:57 or decent public infrastructure? 11:11:27 we wouldn't need a fraction of it if we weren't debt slaves 11:19:38 wdym 11:19:55 if free education existed it wouldn't be a problem 11:20:04 why is free healthcare bad? 11:20:26 because americans think its communism 11:22:05 because it's not free to provide healthcare, and it can be infinite resource sink for even a single person 11:27:58 taxpayer funding? (like every other developed nation) 11:28:17 so what? it's still an infinite resource sink 11:28:25 except profits are privatized and costs are nationalized 11:28:59 works pretty well in countries that try it 11:30:23 government services aren't there to profit 11:32:38 it doesn't 11:32:40 they are 11:32:52 yes it does 11:33:09 I don't have to drive to the hospital bc its cheaper 11:33:15 I can take an ambulance 11:33:28 its astonishing how people can defend these practices 11:33:41 yes, and that guy pays for the ambulanse, so you get the profit and he pays the cost 11:33:55 a monero based economy would have the highest wealth inequality ever seen 11:34:06 and completely unregulated 11:34:31 wealth inequality is exactly the thing that allows humanity to deploy capital-intensive production, like computers manufacturing 11:42:57 you seriously gonna boot lick like that? 11:43:39 this view IRL is considered pretty deranged btw 11:44:03 you seriously gonna throw around ad hominems like that and expect anyone to keep entertaining you? 11:44:30 what have I said? 11:45:30 I only call out stupidity 11:46:35 In all discussions of equality, it is considered self-evident that 11:46:35 equality is a very worthy goal. But this is by no means self-evi- 11:46:35 dent. For the very goal of equality itself is open to serious chal- 11:46:36 lenge. The doctrines of praxeology are deduced from three uni- 11:46:36 versally acceptable axioms: the major axiom of the existence of 11:46:37 purposive human action; and the minor postulates, or axioms, of 11:46:37 the diversity of human skills and natural resources, and the disu- 11:46:38 tility of labor. Although it is possible to construct an economic 11:46:38 theory of a society without these two minor axioms (but not 11:46:39 without the major one), they are included in order to limit our 11:46:39 theorizing to laws that can apply directly to reality. 9 Anyone 11:46:40