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<b>Monero: the Privacy Standard for transactions</b>
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<p>Out of that situation emerged privacy coins, with Monero still at the top to this day (<a href="https://iv.nowhere.moe/watch?v=YTTac2XjyFY">also known as the only cryptocurrency that's used</a>) is basically a cryptocurrency just like bitcoin, except that it does everything to obscure every info regarding transactions. Basically, it's a nightmare for financial regulators.</p>
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<img src="1.png" class="imgRz">
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<p>To make it short, it obscures the amount transacted, the ip addresses, who recieves the transaction and who sends the transaction, To this day not a single monero transaction has been successfully traced. For more details on Monero, check the infodump <a href="https://moneroinfodump.neocities.org/#MoneroIsUntraceable">here</a>.</p>
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<p>To make it short, it obscures the amount transacted, the ip addresses, who receives the transaction and who sends the transaction, To this day not a single monero transaction has been successfully traced. For more details on Monero, check the infodump <a href="https://moneroinfodump.neocities.org/#MoneroIsUntraceable">here</a>.</p>
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<p>Monero's goals differ from what bitcoin has become. It's not to get rich, the goal is to provide transactional privacy, anonymity, and ultimately to be USED as a currency. That is a fundamental difference to the whole bitcoin-fan ecosystem of pump and dump schemes, monero is not meant to be a speculative asset.</p>
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<p>More to the point, given the alarming increase of surveillance worldwide, and incoming regulations forced onto everyone, do you seriously think that people will keep trying to use random coins just to get taxed ? <b>No, eventually only the coins that take privacy and anonymity of it's users as their first priority will remain.</b> Mark my words; hop on the orange boat, and watch every other currency lose value.</p>
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<p>Governments so far have been unable to do anything to stop monero from being transacted. The only thing they can successfully do is to force centralised exchanges to delist it (<a href="https://www.binance.com/en/square/post/3817825785186">example: Binance Delists monero</a>), but <b>decentralised currencies don't require centralised exchanges to exist.</b></p>
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<img src="3.png" class="imgRz">
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<p>In short, <b>Cut out the troublesome middle man, and transact with the end user directly</b>. You can also use semi-centralised platforms such as <a href="https://localmonero.co">https://localmonero.co</a> that are platforms who incite crypto owners to exchange amongst themselves, a good alternative to use until Decentralised Exchanges (DEXs) are popularized. If you want to check out how to acquire monero on localmonero check out <a href="../monero2024/index.html">this tutorial</a>. (edit: localmonero is no longer in business as of april 2024, moving to haveno DEX is your current only option for direct FIAT -> XMR transactions)</p>
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<img src="4.png" class="imgRz">
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<p>The next big Decentralized Exchange that's coming soon is <a href="https://haveno.exchange">Haveno DEX</a> It will combine Monero and Tor to bring complete decentralisation of your finances. When it will be ready for public use, it will only be a matter of time until everyone shifts to a completely decentralised way of transacting. Check out <a href="../haveno-client-f2f/index.html">this tutorial</a> i made to find out how to use it for Fiat -> XMR transcations.</p>
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<p>The next big Decentralized Exchange that's coming soon is <a href="https://haveno.exchange">Haveno DEX</a> It will combine Monero and Tor to bring complete decentralisation of your finances. When it will be ready for public use, it will only be a matter of time until everyone shifts to a completely decentralised way of transacting. Check out <a href="../haveno-client-f2f/index.html">this tutorial</a> i made to find out how to use it for Fiat -> XMR transactions.</p>
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