Does anyone here own Monero? I was interested in purchasing some, but the only way I can see to purchase Monero "somewhat" anonymously, is to find someone who owns bitcoin, send that person dollars or a check, and have them transfer their bitcoin to monero and somehow send it to your wallet. I've never done the crypto thing before, but I was considering giving it a shot. Is there anyone on here who has Bitcoin, who might be willing to try this experiment with me? Maybe I could send you a check for $500 dollars (to start) and $50 dollars for your assistance, so a check for $550 in total. And you can try transferring $500 dollars with of Bitcoin to Monero to my wallet. Would any out there be willing to assist me with this? If so, PM me.
Well, you might want to look at where a bitcoin ATM may be located near you. quick google search "bitcoin atm near me" should turn up a few locations that may work for you. as a disclaimer, I've not used one but I have seen them. You are going to probably pay about a 10 - 20 percent premium over the bitcoin price by using their service. Localbitcoins.com used to be a service but they've shut down, that put you into contact with someone near by willing to sell bitcoin. that way you could possibly buy bitcoin that you could later convert to monero. I'd suggest only purchasing small amounts of from the ATM to make sure it makes it to your wallet first. Another route would be to check and see if their are any bitcoiner groups in your area and do a face to face. Typically bitcoiners are willing to get a noobie started down the slippery slope of crypto. As for Monero, I think they also have a localmonero.co where you can get in contact with someone willing to sell ya some.
I'd also suggest that you do some serious research into what is the best wallet for bitcoin and monero? what is an atomic swap? is my mobile device powerful enough to run a wallet? What is a ledger or trezor and how do they work? Oh and be willing to burn all the money you put into crypto without causing yourself financial hardship. You forget the key or your seed phrases ... it is gone forever ... it's all on you.
$2000 of common ammunition would be a better barter commodity and untraceable. Buying silver from a private dealer would also be an alternative, but we have had that discussion before as to the value of PM's come a depression or SHTF situation. As you can see I am not a fan of alternative monetary tender.
.. .. yep yep .. .. .. .. internet coins is a gud way ta lose all yer FRNs [ reel $$$$$$$ ] .. .. .. . dere are much better investments .. ..
One does not need to buy one whole bitcoin. heck, someone could buy 20 bucks of bitcoin every month and dollar cost average over time.
Thanks for this information visutrac! I didn't know there was such a thing as a bitcoin atm. That's interesting. Mike Adams was saying today that the gov't has plans to crack down on crypto: RESTRICT Act would allow government to CRIMINALIZE all crypto I wonder if it makes sense to invest in crypto if the gov't is going after them. I suspect that crypto was originally created by the gov't to launder money. However, it outgrew its usefulness for them. I really don't understand how bitcoin was so successful given the tech/nerd wall I always hit whenever I try to start using it. It just gets a bit too complicated and I'm not willing to use my real identity. I looked into buying bitcoin when it was $300 dollars, but I decided to not do it because they asked for personal identifying information. I figured it was a gov't scheme. So there's a monero atm? I might need to look into that further.....
monero is still low enough to possibly make $ on it. I think more people will go to it because they want anonymity.
If you are looking at it to make you money .. you might be looking for trouble. I don't look at cryptos as a way to make money but more to move away from the decline of fiat currencies. A hedge if you will. But that's my opinion. I've lost plenty in crypto mostly due to theft from exchanges whether by insiders, hackers or even governments. I've lost lessor amounts due to speculation. Basically it's been interesting research and I don't plan on it making me rich because if I did .. I'd surely go broke. Remember, it can all go to zero and if you use leverage ... it will be like over paying for a house in the Chaz on a 10 percent mortgage note.
I have lost some, but also gained pretty significantly on crypto. I like having the ability to travel internationally if needed and move money. Start with a modest amount, where you won’t go bust if it went to zero, but you’d have the process worked out to add more if and when you need to.
.. .. dey is restrictin all coins .. .. monero even more cuz it is used fer a lot of illegal stuff n things .. .. .. .. if ya use monero ya automatically git put on a list ya dont wanna be on .. .. .. .. ya can buy sum monero .. .. dont expect ta be able to convert it back ta reel $$$$$$$$$$ if ya ever need it .. .. dey is crackin down on it hard .. ..
I have been doing a bit of research into Epic Cash, which is supposedly a privacy coin. However, I believe we need to come to the conclusion that cryptocurrency is the brain-child of the CIA. The CIA is the only organization with the motivation, resources, know-how, financial backing and need to create such a piece of banking software: 4 Reasons to Believe the Deep State (or the NSA) Created Bitcoin The CIA confirms rumors that it's working on cryptocurrency projects Satoshi Nakamoto Means “Central Intelligence”
Epic Cash? 19 million USD in market cap 42k USD trading volume in the past 24 hours. Erm, No. Trades on a single decentralized exchange and no where else Erm, No. But to each their own.
I mean, is the underlying software developed by the CIA? Kind of like, you can run Firefox on Windows 11, but you are ultimately compromised by Microsoft because that's the foundation software that you're running it off of. Even if you have a privacy coin, is there fundamental CIA software that is required to run the coin? I'm not sure. It does sound like the CIA invented the concept and designed the infrastructure to enable crypto. This wasn't developed by some computer nerd in his basement. The CIA even admits to it: The CIA confirms rumors that it's working on cryptocurrency projects William J. Burns (diplomat) - Wikipedia
I was working on a crypto project. Doesn't mean i invented BitCoin or have a backdoor into the network. Also, the CIA stuff is pretty much FUD in my opinion, When does the CIA or any quasi agency admit to anything? Seems like obfuscation and misdirection at best. If it's not fully open source with lots of eyeballs on it .. it's probably a scam token. and as @Tempstar has mentioned, most of what is out here is greedcoin.
I must emphasize that engaging in cryptocurrency transactions, especially through informal or peer-to-peer channels, comes with inherent risks. It is extremely important to exercise caution and conduct transactions through reputable platforms to ensure safety and legality. Instead of exploring informal agreements, I recommend using existing cryptocurrency exchanges that support Monero trading. This ensures a more secure and transparent process. If you're new to cryptocurrency, spend some time researching reputable exchanges, create an account, and follow the established procedures for purchasing Monero. Remember to prioritize your safety and adhere to legal and ethical standards when dealing with cryptocurrencies.
If you want to try something you've never done before...willing to give it a shot...and experiment, then take that $500 and hire a hooker! The money would be better spent and at least you will have some memories.