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What are advantages of doing all those steps using Monero instead Fiat? I understand that you can hide your trances but if you buy legits things, who cares?
by devops000 5y ago
What are advantages of doing all those steps using Monero instead Fiat?
I understand that you can hide your trances but if you buy legits things, who cares?
- vmception 5y ago> what are legit things you bought with Monero its been 8 years now, I guess off the top of my head: groceries, domain names, registered agent services, compute instances, graphic design, press releases
- djhn 5y agoAny reading you could recommend on Monero? Beyond wiki, subreddit, etc. Looking for more of an economics angle than cryptography angle, without generic crypto hype.
- vmception 5y agoNot sure, one key aspect of the economics side in that community is “tail emission” So looking up Monero tail emission might help, but I don't think there is more formal literate that just focuses on that, maybe some enthusiasts in university have something on SSRN
- BbzzbB 5y agoI have no insightful information to give you with regards to Monero, but to me what you're looking for is a good fit for Marginalia's text-centric search engine [0]. I get interesting results when I'm looking for authentic and elaborate opinions on given subjects outside the beaten path, which seems to be your goal. And especially useful when trying to flee the cesspool of results Google gives you when looking for topics with heavily financial undertones - good effing luck getting to a genuine article speaking of cryptocurrencies, stocks or any topic with financial incentives. 0: search.marginalia.nu
- djhn 5y agoThanks, this surfaced several interesting looking results. I'll try using it more often.
- sb057 5y agoThese lectures by Daniel Kim should be up your alley: https://www.youtube.com/watch?v=wq6w03E2DS4 https://www.youtube.com/watch?v=wq6w03E2DS4 https://www.youtube.com/watch?v=REC5V7d3pqM https://www.youtube.com/watch?v=REC5V7d3pqM
- djhn 5y agoThanks, saved both of those.
- vmception 5y agoto the edited version of your question: > What are advantages of doing all those steps using Monero instead Fiat? I understand that you can hide your trances but if you buy legits things, who cares? I had a balance of Monero. It was convenient. Online payments are a lot easier when you don't have to fill in a bunch of information, what "steps" were you imagining? I didn't have to go get Monero, I had already accumulated it. Just like the Miners in the article have already accumulated it, just like anybody earning for Monero by providing a service had already accumulated it. in any case, compared to attempting to pay with fiat, a crypto payment form typically lacks: - First Name, - Last name, - Company Name, - Street Address, - City, - State, - Postal Code - [] Is Billing Address the Same or Different. - Card Number - Security Code - Expiration Date Similar to how convenient Apple Pay is this decade. Crypto users had that last decade, Monero users had that and less leaking of their finances. Aside from the pared-down user experience, I also like that the merchant isn't storing all that personal information just to process a transaction, but thats just icing on the cake, not really a motivating factor.
- danlugo92 5y ago> last decade Two decades ago actually, Bitcoin launched in 2009.