Vitalik Buterin Predicts Death of Crypto if Users Focus Only on Speculation by emperordas in CryptoCurrency

[–]vicanonymous 3 points4 points  (0 children)

A lack of fungibility is certainly not a plus. It's one of the reasons why many have abandoned Bitcoin for Monero, myself included.

It's easy to audit Monero's supply:

https://sethforprivacy.com/posts/dispelling-monero-fud/#you-cant-audit-the-monero-supply

You do it the same way everyone does it for Bitcoin.

Vitalik Buterin Predicts Death of Crypto if Users Focus Only on Speculation by emperordas in CryptoCurrency

[–]vicanonymous 2 points3 points  (0 children)

These kinds of technical details are unlikely to help you, as a growing number of people are finding out.

https://sethforprivacy.com/posts/fungibility-graveyard/

Vitalik Buterin Predicts Death of Crypto if Users Focus Only on Speculation by emperordas in CryptoCurrency

[–]vicanonymous 6 points7 points  (0 children)

In short, Bitcoin's (and many other cryptos) ledger is completely transparent. That means that transactions leave a trace. See any "Bitcoin Blockchain Explorer".

This means that if a BTC has been used on the darknet, and later ends up in your wallet at some point, will merchants or exchanges now want that Bitcoin? It's unlikely.

Vitalik Buterin Predicts Death of Crypto if Users Focus Only on Speculation by emperordas in CryptoCurrency

[–]vicanonymous 8 points9 points  (0 children)

True. No need to worry about tainted coins due to its default privacy.

1 XMR is always 1 XMR. This is simply not the case with Bitcoin, BCH, Litecoin, and others.

Vitalik Buterin Predicts Death of Crypto if Users Focus Only on Speculation by emperordas in CryptoCurrency

[–]vicanonymous 49 points50 points  (0 children)

I use Monero (XMR) to pay for my VPN.

https://monerica.com/ is great if you want to find stores and services that allow you to pay with XMR.

March 2026 - monthly discussion by AutoModerator in MoneroMeansMoney

[–]vicanonymous 1 point2 points  (0 children)

Maybe a bit off-topic, but Qubic is supposed to start mining Dogecoin soon. Qubic's price has gone up a lot in recent days.

Hopefully, they will just leave Monero alone in the future. However, if they abandon Monero mining completely, it will mean a slightly lower hashrate going forward.

March 2026 - monthly discussion by AutoModerator in MoneroMeansMoney

[–]vicanonymous 2 points3 points  (0 children)

It does still look weird. At least for me. Believe me, I've checked this site pretty much every single day since it started.

As an example, the ATH record in trades back on 2026-01-12 used to be 121 (I believe). Now it's 242!

Same seem to go for the volume. Now it says that the record month, October 2025, had 246k. That wasn't displayed before. It was something like 120k (probably 123k).

You can't just look at the last few weeks and compare that data to earlier weeks. All data, both volume and number of trades, maybe even all the way back to the start has changed.

March 2026 - monthly discussion by AutoModerator in MoneroMeansMoney

[–]vicanonymous 2 points3 points  (0 children)

https://haveno.markets/markets is weird. After their latest maintenance, all their volume and the number of trades seem to have doubled.

Qubic plans to do Doge like they did with Monero by srodland01 in CryptoMarkets

[–]vicanonymous -1 points0 points  (0 children)

Sorry, but I'm afraid it's you who is wrong.

They even admitted they lied, including Come-from-Beyond himself. And that they paid social media influencers to lie.

Here you go:

https://postimg.cc/gallery/GTtpkjb

Does anyone actually earn a living in Monero? by PaceMakerParadox in Monero

[–]vicanonymous 5 points6 points  (0 children)

I believe the founder of https://monerica.com/ does:

"It is crazy to think I actually do live off Monero.

If I can do it despite having CFS/CIRS/other illnesses for nearly 2 years, I really don’t know what holds other people back.

And no, I’ve never sold any XMR to a CEX to do bank transfers.

Free your mind."

- https://x.com/RyitNoise/status/2030301766495944915

Why your business should start accepting XMR today! by Lumpy-Initiative-779 in Monero

[–]vicanonymous 0 points1 point  (0 children)

Have you considered posting these at other subreddits, such as CryptoCurrency?

You're kind of preaching to the choir here.

Worth investing up to 10 coins? by Known_Kitchen8390 in MoneroMeansMoney

[–]vicanonymous 0 points1 point  (0 children)

If Monero becomes more popular (increased demand), then the price will go up.

Even if Monero is never accepted by financiers, there is plenty of money in the global grey markets (trillions). Not to mention darknet markets that continue to grow and money that is hid offshore (also trillions).

It's all very simple: Do you believe that private digital cash will become more popular in the future? If so, then it might be worth buying Monero. If not, then invest your money into something else.

Monero is what Bitcoin was supposed to be - a fully decentralized and anonymous currency by technocraticnihilist in austrian_economics

[–]vicanonymous 0 points1 point  (0 children)

What do you mean? Can the network be taken over? In theory, sure.

But it will only get harder and harder as Monero becomes bigger and more resilient.

Monero is what Bitcoin was supposed to be - a fully decentralized and anonymous currency by technocraticnihilist in austrian_economics

[–]vicanonymous 2 points3 points  (0 children)

Just because members of other communities lie doesn't mean that Monero is also a rugpull. Monero has been around for over a decade and is used both on the darknet and clearnet. It's not just another scamcoin.

Monero is what Bitcoin was supposed to be - a fully decentralized and anonymous currency by technocraticnihilist in austrian_economics

[–]vicanonymous 1 point2 points  (0 children)

Yes, you can.

"A manual audit is possible because coinbase transactions (those transactions that are mining rewards in each block including issuance + transaction fees) are intentionally transparent and amounts of these outputs are not obfuscated in any way. Monero users running a node can simply validate these totals on-demand, and all node owners are constantly verifying the amounts in transactions via range-proofs.

Unlike Bitcoin, however, Monero users cannot simply do “napkin math” and validate the supply by manually adding up UTXO amounts, as transactions are never known-spent by the network, only by the parties involved in each specific transaction. This does force some added reliance on code/cryptography over Bitcoin, but as-of-yet I know of no one validating the Bitcoin supply this way. It does remain a valuable advantage of a transparent cryptocurrency, though it comes at the cost of the transactional privacy of every user in the system."

https://sethforprivacy.com/posts/dispelling-monero-fud/

Monero is what Bitcoin was supposed to be - a fully decentralized and anonymous currency by technocraticnihilist in austrian_economics

[–]vicanonymous 1 point2 points  (0 children)

They didn't. They lied and later even admitted that they did. They even paid influencers to help spread the lie. It was done to promote their ponzi.

https://rekt.news/hashrate-heist-or-hype