Monerica - The 'Yellow Pages' Of The Monero Economy

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  • เผยแพร่เมื่อ 27 พ.ย. 2024

ความคิดเห็น • 619

  • @improvisedchaos8904
    @improvisedchaos8904 ปีที่แล้ว +772

    My wife will not appreciate my suggestion for what to watch this evening. But rest assured - I will be enjoying this video.

    • @markrichards7452
      @markrichards7452 ปีที่แล้ว +100

      Wife's boyfriend*

    • @GSHK-KOR
      @GSHK-KOR ปีที่แล้ว +3

      @@markrichards7452LMFAO! 🤣

    • @nox5555
      @nox5555 ปีที่แล้ว

      @@markrichards7452 He will be very unhappy sicne you cant buy nintendo games with Monero...

    • @salpertia
      @salpertia ปีที่แล้ว +13

      @@GSHK-KOR come on now we will still be here to accept our brother when it ends

    • @anon-fz2bo
      @anon-fz2bo ปีที่แล้ว +14

      cmon, you dont have a wife.

  • @TerexJ
    @TerexJ ปีที่แล้ว +341

    Weird internet man tries to get me to buy a slurpee from Mongolia and a pallet of roofing tiles from Uruguay using an obscure, untraceable, magic internet coins.

    • @Anees-
      @Anees- ปีที่แล้ว +6

      😂

    • @jowey_2077
      @jowey_2077 9 หลายเดือนก่อน +5

      this one is actually valid
      not like shitcoin

    • @v_i_e_w_e_r_405
      @v_i_e_w_e_r_405 9 หลายเดือนก่อน +2

      Uruguayan tiles! best tiles!

    • @ProfessionalBirdWatcher
      @ProfessionalBirdWatcher 8 หลายเดือนก่อน

      Pls give money for numbers on screen. ty TY TY thx THX YOU

    • @kn_halo
      @kn_halo 3 หลายเดือนก่อน

      propellerhat?

  • @migerrancan554
    @migerrancan554 ปีที่แล้ว +502

    Now the real problem is getting everyone to use monero 😔

    • @sirzorg5728
      @sirzorg5728 ปีที่แล้ว

      The real problem is when this becomes a threat to their inflation racket, so the government bans it. They will kill you for successfully avoiding their ponzi scheme, so they will absolutely crack down on this if it every becomes more widespread.

    • @mclarenf1lm374
      @mclarenf1lm374 ปีที่แล้ว +33

      crypto as a whole
      It's a currency you need a middleman to be safe with or at least a legal body, you can get screwed over and nobody but the person you paid determines how permanent it is

    • @HatTrex
      @HatTrex ปีที่แล้ว +54

      In a perfect world it's just a cash alternative, you keep 500/600 dollars worth of it and you buy coffee with it, even if you get scammed it's not a big deal, same as cash, people fell for the "internet money will make me a millionaire" investment meme and got burned because of it

    • @IGNACASLTU
      @IGNACASLTU ปีที่แล้ว

      @@mclarenf1lm374 are you stupid? Bitcoin's whole purpose is to remove the middle man and be your own bank.

    • @sairos4057
      @sairos4057 ปีที่แล้ว

      ​@@mclarenf1lm374 >it's a currency you need a middleman
      please, go read "The Satoshi Revolution".

  • @kingoverflow
    @kingoverflow ปีที่แล้ว +290

    Drake of cybersecurity

  • @Rock_Appreciator
    @Rock_Appreciator ปีที่แล้ว +91

    If only Monero could cover our bad opsec.

  • @exxon47_
    @exxon47_ 8 หลายเดือนก่อน +5

    It seems like the really important part is that people actually use monero as a currency whereas people mostly just use Bitcoin and enthereum like they're just stocks that they can invest in

    • @brave-smoke
      @brave-smoke 7 หลายเดือนก่อน +3

      You nailed it.
      Monero lies independent of the fiat currency system's manipulations and it is the only cryptocurrency out there intended as it was created for: to protect our freedom and privacy in all transactions.
      But most people are in it for the fiat-gains, they still have so much ties to the fiat unit of measurement. To me, everything other than monero is techno slavery....
      Monero will be instrumenetal. It does not care whether it is criminalized or outlawed, just like gold and silver, it has shown its value in it's uses. People say its not a good store of value, but what they mean is its not a good store of fiat-value as you cannot really use it to invest and get more fiat-gains.
      These people don't get it.
      Keep stacking and most important keep using xmr all.

  • @madwurmz
    @madwurmz ปีที่แล้ว +138

    How good monero is , is obvious from knowing Dutch regulations have already banned Monero from being traded since 2020 :O

    • @nox5555
      @nox5555 ปีที่แล้ว +35

      That only means that its tac free...

    • @whirled_peas
      @whirled_peas ปีที่แล้ว +58

      @@nox5555it also means businesses can’t advertise that they trade it. Govt banning a currency stops it from hitting the mainstream

    • @dosomething3
      @dosomething3 ปีที่แล้ว

      Why did you fix your audio?

    • @chimagamer4157
      @chimagamer4157 ปีที่แล้ว +50

      @@whirled_peas gold was illegal in multiple countries yet people still had bars, coins and jewellery.
      drugs are illegal, but you can still get them on any major city street of a European city.

    • @trickeddev
      @trickeddev ปีที่แล้ว +2

      i cant find anything saying this statement is true afaik companies and stuff can just accept monero

  • @Rock_Appreciator
    @Rock_Appreciator ปีที่แล้ว +41

    Monero is actually useful. I use it to pay for my VPN, for example. I haven't really used it for much more tbh, but i really appreciate the privacy benefits

    • @wchorski
      @wchorski ปีที่แล้ว +8

      That was my first purchase with crypto as well. Great way to get started learning how to spend

    • @destroyer2973
      @destroyer2973 ปีที่แล้ว

      Localmonero and agoradesk.

    • @alextrezvy6889
      @alextrezvy6889 ปีที่แล้ว +2

      What is the name of vpn provider that accepts xmr?

    • @Rock_Appreciator
      @Rock_Appreciator ปีที่แล้ว

      @@alextrezvy6889 Mullvad, very good service. Keeps no info.

    • @wchorski
      @wchorski ปีที่แล้ว

      @@alextrezvy6889There are plenty of options. Torguard takes crypto, another favorite is Mulvad

  • @Tirux
    @Tirux ปีที่แล้ว +228

    The problem with Monero is that imagine you pay for a car with it and you don't get it. There is no refund, law, alternative to get your Monero back. It's definitely better than Bitcoin, but spending too much money with Monero I think you have to accept you might lose it.

    • @visekual6248
      @visekual6248 ปีที่แล้ว +86

      Just buy in person, which is right anyway, super easy to get scammed with money too.

    • @angelorgya
      @angelorgya ปีที่แล้ว +103

      You supposed to still get a receipt if you buy a car buddy ! A proof of payment

    • @HollyKizzle
      @HollyKizzle ปีที่แล้ว

      Escrow systems may be a solution here, where the monero is held for a grace period before sent to the merchant...the darknet markets have already solved this issue with great success

    • @CT-if2tt
      @CT-if2tt ปีที่แล้ว +75

      You're able to prove you sent "x" Monero with view keys. And you can and should always get a receipt.
      This is not a problem.

    • @Tirux
      @Tirux ปีที่แล้ว +12

      @@CT-if2tt ok but if the seller refuses to give you the product, can you depend on the law for a refund or own your purchase?

  • @cherubin7th
    @cherubin7th ปีที่แล้ว +50

    Nice to see several German businesses on this list.

    • @qlippoth13
      @qlippoth13 ปีที่แล้ว +7

      Perhaps this could be a loophole not addressed by the Morgenthau plan.

    • @longiusaescius2537
      @longiusaescius2537 3 หลายเดือนก่อน

      @qlippoth13 what plan?

  • @HollyTroll
    @HollyTroll ปีที่แล้ว +93

    Can you make a video about the different Monero payment processors? I have used websites where XMR payment is process/confirmed very quickly (like the one used in MULLVAD VPN), and others where it takes hours to process and it kinda discourages me from going the Monero route if I cant guarantee a responsive customers service in case there are issues with the payment

    • @ilikegeorgiabutiveonlybeen6705
      @ilikegeorgiabutiveonlybeen6705 ปีที่แล้ว +16

      bump

    • @cdgonepotatoes4219
      @cdgonepotatoes4219 ปีที่แล้ว +2

      Pretty much, the system relies on trust and the amounts you can spend realistically are going to be restricted to the amounts you can afford losing.

    • @unAgorist
      @unAgorist 11 หลายเดือนก่อน +4

      (the "system" does not rely on trust...)
      the responsvie service as you call it is entirely up the developer that sets up your payment system
      notification of payment in the queue is pretty much instant;
      so once you get that notif, you can notify your user that tx is indeed on the way and that order will be processed after X conf on the network. how long it takes depends on the fees the user chose to send his monero
      then you chose how many conf (the X above) before letting your system process the order.
      you don't want to chose to process at the notif in case the user has for example put a fee too low & the tx get lost in the queue, 1 conf is standard i believe -
      or you add a cron job to check payments if you process at the notif, so to cancel order if no conf for four hours for example.

  • @Charles.Foster.Offdensen
    @Charles.Foster.Offdensen 10 หลายเดือนก่อน +2

    This is great! Keep this fantastic content coming :) You are quickly becoming one of my favorite youtube people of all time - you keep it real

  • @nezu_cc
    @nezu_cc ปีที่แล้ว +26

    Surprised there are no game cheat providers on that list. Crypto is the most common currency in these communities, especially on the back end. When I used to sell, I just had a bunch of resellers in different parts of the world who accepted all kinds of payments and just paid me back in crypto for the license keys sold. I also accepted crypto directly at a slight discount.

  • @cariyaputta
    @cariyaputta ปีที่แล้ว +16

    You need to add dark theme for based win.

    • @pcrolandhu
      @pcrolandhu หลายเดือนก่อน

      Dark Reader?

  • @ScarletDeath
    @ScarletDeath ปีที่แล้ว +3

    This was pretty helfpul. I accept monero for things but haven't paid attention to the community in so long, I didn't realize how developed it had become!

  • @aqua-bery
    @aqua-bery 7 หลายเดือนก่อน +4

    I feel like people love to ignore that you won't always be able to use the internet and electricity for that matter. So, the problem I raise is, if everything switches to crypto, but the power goes out, no one can buy or sell anything until it comes back

    • @chrismay2298
      @chrismay2298 หลายเดือนก่อน

      Definitely have to diversify. Yellow and white metals are the starting point.

  • @rbStig
    @rbStig 7 หลายเดือนก่อน +5

    Another banger from my favorite fed

  • @cocogus
    @cocogus ปีที่แล้ว +19

    Monero-chan thumbnails are an infinite view exploit.

  • @go_better
    @go_better ปีที่แล้ว +86

    A lot of civil rights activist organisations accept crypto. And sometimes xmr is the only safe way to donate them. So, thanks Monero chan!

    • @thenotoriousmichaeljackson8938
      @thenotoriousmichaeljackson8938 ปีที่แล้ว +1

      💪🏾💯

    • @thenotoriousmichaeljackson8938
      @thenotoriousmichaeljackson8938 ปีที่แล้ว +13

      Signal, Session, & XMR is the way to go. I recently saw "ACAB" be labeled as terroist speech. We protest police brutality amd oppresive & tyrannical laws. Having any extra security is crucial when fighting this capitalist oligarchy.

    • @lukemorgan6166
      @lukemorgan6166 ปีที่แล้ว +8

      Donating is for fools
      Goes straight into their own pockets

    • @FerdarPleaseSubscribe
      @FerdarPleaseSubscribe 11 หลายเดือนก่อน

      @@lukemorgan6166 ok doomer

    • @longiusaescius2537
      @longiusaescius2537 3 หลายเดือนก่อน

      @thenotoriousmichaeljackson8938 terriost says who? Literally gets govt grants

  • @plastictouch6796
    @plastictouch6796 9 หลายเดือนก่อน +3

    I love how its called Monerica but most of the things are not in the US. Monerica? More like Moneurope

  • @ghost_7701
    @ghost_7701 ปีที่แล้ว +6

    I am working on a middle eastern spices product I will try to add XMR as payment method

  • @apersimmon
    @apersimmon ปีที่แล้ว +25

    Its very useful information.

  • @demin-e
    @demin-e ปีที่แล้ว +21

    In Monerica We Trust

  • @LifeSizeBox
    @LifeSizeBox ปีที่แล้ว +3

    So happy to see Monero and Monerica get some attention! Great stuff! Thanks for the video!

  • @GG-be6co
    @GG-be6co ปีที่แล้ว +9

    Why cash is A+ fungible, doesnt it have serial numbers?! And some places no longer accept green 100$ bills and some serial numbers

    • @godbibo
      @godbibo 11 หลายเดือนก่อน +1

      Well ofc but you can pretty much exchange your notes in a bank or with people without issues

  • @riknitzburg9650
    @riknitzburg9650 ปีที่แล้ว +8

    Moneros price seems to be stabilizing, soon it may be more stable than USD lol

    • @chimagamer4157
      @chimagamer4157 ปีที่แล้ว +6

      yes, for the past year somewhere between 120 and 180, while usd loses 10% a year.

  • @愛
    @愛 ปีที่แล้ว +3

    i submitted my website and they added it :D monerica is awesome

    • @longiusaescius2537
      @longiusaescius2537 3 หลายเดือนก่อน

      @愛 what's that character mean?

  • @plastictouch6796
    @plastictouch6796 9 หลายเดือนก่อน +2

    Big problem with this whole business is that sure you can mine monero and you can get it by selling something for monero, but you cant get paid in monero and a conpany that is accepting payment in monero isnt giving their employees a bonus in monero. The businesses accepting it are either keeping it or exchanging it to fiat to pay their employees. In order to truly get the curcular economy going you need nore than just the linear buy and sell dynamic you also need the labor and compensation dynamic as well. Right now the only way to really labor for monero is to work and get paid in dollars and then to either spend money on electricity to make monero or to spend money on just buying monero. You cant really call it an economy if people arent working for monero.

    • @percyblok6014
      @percyblok6014 8 หลายเดือนก่อน

      So go find a way to be the change you want. I accept XMR for food. Quit bitching and start building.

  • @detroityeet7048
    @detroityeet7048 ปีที่แล้ว +8

    >Site makes the case for Monero by appealing to American nationalism
    >First thing it mentions is how Monero has no borders
    Interesting choice, but I'll let them cook

    • @Woodsie_Lord
      @Woodsie_Lord ปีที่แล้ว +1

      More like ideals. It's not that hard to understand.

    • @detroityeet7048
      @detroityeet7048 ปีที่แล้ว +3

      @@Woodsie_Lord I understand why it's good for Monero to be borderless. I just thought it was funny how they basically say "it's like America, isn't that cool? First off, it has no borders,"

    • @longiusaescius2537
      @longiusaescius2537 3 หลายเดือนก่อน

      @detroityeet7048 that's true unfortunately

  • @UGPVlogsLA
    @UGPVlogsLA ปีที่แล้ว +3

    Monero is King 👑

  • @spinkey4842
    @spinkey4842 ปีที่แล้ว +2

    "Just don't spend it all on yay-o"
    NOW YOU TELL ME?!?!?!? wish i would'a known this earlier

  • @Remigrator
    @Remigrator ปีที่แล้ว +2

    Will definitely buy the energy bars and coffee

  • @avvv70
    @avvv70 ปีที่แล้ว +3

    I really like the informational videos you make.

  • @shantanuojha3578
    @shantanuojha3578 ปีที่แล้ว +5

    Established history for gold gota be S teir bro. Not just A+ because cash is A but gold was used for thousands of year

    • @alltheruss
      @alltheruss ปีที่แล้ว

      Gold is classic, though the same government that debased your currency will take your gold through law. th-cam.com/video/FHwlPaTetyo/w-d-xo.html

  • @DubDigital
    @DubDigital 11 หลายเดือนก่อน +1

    You got a new sub, this is what crypto is all about.

  • @visekual6248
    @visekual6248 ปีที่แล้ว +33

    I understand less about cryptocurrencies than I would like, but with monero it seems to be very easy to evade taxes, I think income tax is theft, but like it or not, if businesses start accepting monero and not pay taxes, the government will declare war.

    • @ob3ythee.t.128
      @ob3ythee.t.128 ปีที่แล้ว +7

      Exactly. It is naive to think governments would be big fans of this lol. However the common people have just as much right to earths worth as much as the governments that depend on them do. Its a complicated issue.

    • @WhtwaBBiT
      @WhtwaBBiT ปีที่แล้ว +4

      Let them declare "War" they will lose and are losing

    • @ob3ythee.t.128
      @ob3ythee.t.128 ปีที่แล้ว +24

      @@retrocatalog I have not seen adequate government spending in my region. The money that we the people give to them is wasted in failed investments and silly speculative politics at best. If the government that you pay royalties to doesn't have the mental fortitude to make intelligent decisions, you might as well put your money elsewhere, it is the nature of the people to pay less for services worthless. Do not assume everyone has your own constitution lol.

    • @migerrancan554
      @migerrancan554 ปีที่แล้ว +15

      ​@retrocatalog the government are just middlemen, I'm in Australia, all they do with thier taxes is put them in their pockets, so what is the point of paying them if they do nothing for me?

    • @migerrancan554
      @migerrancan554 ปีที่แล้ว

      Let them declare war against the common man, what will they do? They rely on us more than we rely on them

  • @salthin
    @salthin ปีที่แล้ว

    bro knows what he's doing with the thumbnails and honestly it's hilarious, and I'm here for it

  • @Riot_Squirrel
    @Riot_Squirrel ปีที่แล้ว +39

    Wake me up when monero can pay my rent

    • @mgh7634
      @mgh7634 ปีที่แล้ว +2

      Yeah that's the thing. I like that you can buy gift cards with Monero. At least that expands your ability to buy goods. But the reason cash is still so useful is because you can pay for rent, your bills, etc. with it.

    • @squigglesmcjr199
      @squigglesmcjr199 ปีที่แล้ว +6

      Buy the silver and pay your rent

    • @TheLayawn
      @TheLayawn ปีที่แล้ว +4

      You have apartments for rent with monero online. So you can wake up and smell the coffe. I also accept monero for renting and my services if onw would ask

    • @RealBullbear
      @RealBullbear ปีที่แล้ว +1

      In germany cash is basically useless, cant pay rent with it. You need a bank account even for electricity and gym bill. Cash is just used to buy things such as groceries, everything else runs through wiring money. (Transfer/Lastschrift etc.)

    • @squigglesmcjr199
      @squigglesmcjr199 ปีที่แล้ว +3

      @@RealBullbear wow that's crap maybe you should leave that hellhole

  • @remsee1608
    @remsee1608 ปีที่แล้ว +7

    This is real stuff guys amazing content as always Jayson good luck with your upcoming basketball season

  • @asificam1
    @asificam1 9 หลายเดือนก่อน +1

    If monero finds a way to scale horizontally (infinite block size means infinite scaling but only if all nodes can keep up... which they can't), say by sharding or parallel processing and keep fees very low, then we will really have something powerful. We got lots of time before scaling becomes a problem but I hope people are working on that, and also so way to keep the blockchain from growing infinitely... such as making a pruned node only need to store X number of blocks that last say 50 years... 50 years is long enough that we should not have an issue with lost outputs.

  • @Alexus00712
    @Alexus00712 ปีที่แล้ว +2

    Damn, I had no idea there was so much I could do in my own home country of Sweden with Monero!

  • @justahumanwithamask4089
    @justahumanwithamask4089 ปีที่แล้ว +3

    Same thing that gives fiat it's value. The belief that it has value.

    • @chrismay2298
      @chrismay2298 หลายเดือนก่อน

      So hard to explain this simple truth to people. The brainwashing is potent and relentless.

  • @pauljensen4773
    @pauljensen4773 ปีที่แล้ว +3

    I'm an almond farmer and a medium size landlord in the Fresno CA area. I have BTC but not XMR. I don't know how to hold or receive XMR but I'd like to take it for rent or to buy my almonds. I would even trade cash for it. I would also take gold or silver for payment.
    Gold could be held in a safe deposit box.

    • @TheLayawn
      @TheLayawn ปีที่แล้ว

      Its similar to make an monero account just like btc. The problem with deposit boxes is that they get stolen all the time. Check it out. That why banks offer insurance on d.boxes

    • @pauljensen4773
      @pauljensen4773 ปีที่แล้ว +1

      @@TheLayawn true. But I don't think I can recreate a BTC account.

    • @chell6022
      @chell6022 ปีที่แล้ว +1

      I love almond.

    • @pauljensen4773
      @pauljensen4773 ปีที่แล้ว +1

      @@chell6022 They are delicious. Are you in the Fresno area?

  • @notafbihoneypot8487
    @notafbihoneypot8487 ปีที่แล้ว +12

    Finally, a book I can actually read

  • @webrevolution.
    @webrevolution. ปีที่แล้ว +11

    Imagine leaving a comment even prior to having viewed the video itself.

  • @TradieTrev
    @TradieTrev ปีที่แล้ว +5

    What's our chances of getting our own open sourced electronics projects on your webstore?

  • @tehallanaz
    @tehallanaz 8 หลายเดือนก่อน +1

    Ngl the privacy is not the issue we want open ledger to prevent financial crimes

  • @ProteinFromTheSea
    @ProteinFromTheSea ปีที่แล้ว +9

    If sneed ever reaches the point of surplus, I'll know where to look.

  • @m4lwElrohir
    @m4lwElrohir ปีที่แล้ว +6

    Kenny, liberation travel is not meant for travelling,
    it's meant to be an agency for migration to get yourself into Perpetual Traveller lifestyle and getting permanent residency.
    You choose your country you want to migrate and setup permanent residency and
    this service gets you all required paperwork sorted plus itinerary when visiting chosen country.
    Would be cool if you dove into those cryptopunk stuff on your channel.

  • @Jayv1313
    @Jayv1313 ปีที่แล้ว

    Got a new phone and made a new youtube account and forgot to follow you on it. I used to binge your content regularly! Now i have a few months of your content to binge and catch up on. Hope all is well bro!

  • @DroisKargva
    @DroisKargva ปีที่แล้ว +1

    Love the way you explained everything 👍

  • @seanfull7123
    @seanfull7123 ปีที่แล้ว +12

    Love it! Mental I have a request. If you happen to have an opinion on Purism/System 76 laptops for anti spooky hardware purposes id love to hear it. Also for the future of ARM machines.

    • @EIlmo
      @EIlmo ปีที่แล้ว +1

      He's done reviews on Pop_OS and the Framework laptop.

    • @itsawill9268
      @itsawill9268 ปีที่แล้ว +2

      Bro the hardware stuff is myth

    • @EIlmo
      @EIlmo ปีที่แล้ว

      @@itsawill9268 It's literally not. Intel and AMD both have management engines built-in that work with higher permissions than your system kernel. Asus also have spooky properties in some of their motherboards. You can do a 5 second google search to find this out smh

    • @HowtoRadicalize
      @HowtoRadicalize ปีที่แล้ว

      ​@@itsawill9268You smell like a fed

  • @carlos_cub
    @carlos_cub ปีที่แล้ว +3

    make more Monero videos please. Show all the directories. There are some cool ones. I like the clothing vendors for the drip

  • @GabrielTobing
    @GabrielTobing ปีที่แล้ว +4

    The thing about monero is that its actually useful unlike the other types of cryptos XD

  • @michaelbooser2316
    @michaelbooser2316 ปีที่แล้ว

    Every country in the WORLD belongs to Monerica!

  • @313comput
    @313comput หลายเดือนก่อน

    Two problems i see holding us back: Taxes and the fact that Monero /might/ have its privacy breached /eventually/

  • @Frosty2
    @Frosty2 ปีที่แล้ว

    I always get click-baited by these anime thumbnails. Never disappointed at the video.

  • @amnottabs
    @amnottabs ปีที่แล้ว

    will remember this video next time I want to take a vacation to Paraguay

  • @spedbari.mp4
    @spedbari.mp4 ปีที่แล้ว +4

    Monero waifu is wild

  • @ThatBK
    @ThatBK ปีที่แล้ว +17

    Blackrock applied for a Bitcoin Spot ETF. I love XMR and always opt to use it for transactions when possible. The mainstream media is now pushing the narrative of Bitcoin mining being eco friendly which is good goy ESG upcummies. I'm not a Bitcoin maxi but if the planet's largest asset manager is about to roll out a Bitcoin Spot ETF for boomer investors and investing firms, you can bet the price will absolutely moon.

    • @ThatBK
      @ThatBK ปีที่แล้ว +1

      @@tripplefives1402 A Bitcoin "Spot" ETF means that Blackrock or any other firm using a Spot ETF is required to have custody of the Bitcoin. Like I said, if Earth's largest asset manager is rolling out the spot ETF, it will pump to hundreds of thousands of dollars. So if they roll out a spot ETF which means they have to have physical custody, it will moon because it IS determined by supply and demand due to it being a Spot ETF not a Futures ETF.

    • @WeeWeeWermWangStalker
      @WeeWeeWermWangStalker ปีที่แล้ว +12

      My ears started ringing, and the whole left side of my body went numb reading the lingo you people use. I'm 20 years old. Wtf is "upcummies" no way kids are saying these things

    • @ThatBK
      @ThatBK ปีที่แล้ว

      @@WeeWeeWermWangStalker not my problem, lurk moar

    • @benman1407
      @benman1407 ปีที่แล้ว +1

      @@WeeWeeWermWangStalker weak

    • @rightwingsafetysquad9872
      @rightwingsafetysquad9872 ปีที่แล้ว +1

      @tripplefives You are confusing a CEF with an ETF. The value of an ETF is 100% correlated to the underlying when tracked on a monthly or longer time frame. If Gold increases 5%, BGLD increases 5%. When you buy shares in an ETF, you are not buying them from another investor, those shares are being created by the fund manager. Conversely if you sell, you are not selling to another investor, the fund manager destroys those shares.
      Two caveats, on short time frames they can diverge because the ETF is not literally the underlying. The fund manager has to buy or sell the underlying as shares in the ETF are bought or sold, which doesn't happen instantly. Second, ETFs have a long term premium as management fees are deducted, usually

  • @MicahThomason
    @MicahThomason ปีที่แล้ว +3

    What if the girl scout IS the drug dealer? Clearly, Kenny hasn't thought this out well.

    • @percyblok6014
      @percyblok6014 8 หลายเดือนก่อน +2

      Im my old neighborhood, the ice cream truck sold marijuana and ice cream.

    • @MicahThomason
      @MicahThomason 8 หลายเดือนก่อน +1

      @@percyblok6014 When I was a kid in the '70s, my mother was CONVINCED the ice cream truck was dealing drugs.

  • @RodsFromGod_26
    @RodsFromGod_26 4 หลายเดือนก่อน

    Those are some real slim pickens for retailers. Amazon and Walmart accepts Monero to buy gift cards.

  • @luka3174
    @luka3174 ปีที่แล้ว +16

    Great to see pornhub premium adapting to new technologies! In all honesty, would love to see a video on how to open a monero account and maintain anonymity.

    • @lukemorgan6166
      @lukemorgan6166 ปีที่แล้ว

      So cooming is what sells monero for you huh

    • @tearsintherain6311
      @tearsintherain6311 ปีที่แล้ว

      Yeah I will try monero because ph premium sounds tempting

  • @flo0778
    @flo0778 ปีที่แล้ว +4

    from what I have seen of the technology of monero, its more "deniability" than "private". Maybe I'm not up to date though

  • @KYLE-zo4bm
    @KYLE-zo4bm ปีที่แล้ว +3

    it should be called a parallel economy

  • @Thevol40k
    @Thevol40k ปีที่แล้ว +6

    Nothing illegal going on here.

    • @kiavaxxaskew
      @kiavaxxaskew ปีที่แล้ว +3

      Illegal is okay, as long as you don't get caught.

    • @assmonkey9202
      @assmonkey9202 ปีที่แล้ว

      @@kiavaxxaskewthis is indeed 💯 financial & legal advice 💯

    • @kjullthedemon
      @kjullthedemon ปีที่แล้ว

      Illegal does thankfully, not mean immoral.

  • @lowwastehighmelanin
    @lowwastehighmelanin ปีที่แล้ว

    More of this topic, please! Would love more explorations

  • @110gotrek
    @110gotrek ปีที่แล้ว +3

    More monero content please

  • @danielpicassomunoz2752
    @danielpicassomunoz2752 9 หลายเดือนก่อน +1

    Economy, and, of course, circular economy, is about materials and energy, not currency, regardless of if it's fiat or crypt

  • @fizzyfrys
    @fizzyfrys ปีที่แล้ว

    Middle mouse button opens a page in new tab.
    You don't gotta right click

  • @justawfulgamer7738
    @justawfulgamer7738 ปีที่แล้ว +3

    The problem with crypto os trying to turn it back into cash without the government knowing

    • @rockytom5889
      @rockytom5889 ปีที่แล้ว +21

      The problem with cash is trying to keep it usable with the government around...

    • @justawfulgamer7738
      @justawfulgamer7738 ปีที่แล้ว

      @@rockytom5889 truer words have never been spoken

  • @10aaronlove
    @10aaronlove ปีที่แล้ว

    Monero's next ATH will be huge and not too distant, I think atleast.

  • @thepapervigilante2208
    @thepapervigilante2208 ปีที่แล้ว +1

    That guy from tax services is monero Mateo 💪

  • @kehet4409
    @kehet4409 ปีที่แล้ว +2

    So there is 2 or 3 places in whole world where you can spend monero to buy whatever your specific need is. Awesome. Better to ship my groceries from another continent.

  • @ok-hd4so
    @ok-hd4so ปีที่แล้ว +2

    pheremone sprays wtf

  • @memepopereal
    @memepopereal ปีที่แล้ว +1

    Thank you very much this video was very insightful

  • @omnitravis
    @omnitravis ปีที่แล้ว +1

    do you do much TA or FA of different cryptos or only really focus on monero? Very informative, gj.
    Cant wait for chainstats, tired of having to go to like 5 different places to see different info on a project.

    • @Cassie-sx6yp
      @Cassie-sx6yp ปีที่แล้ว

      All other cryptos are treacable

  • @badbichdb
    @badbichdb ปีที่แล้ว +1

    Gold and silver will forever be more valuable in my eyes. Electronics are generally going to be using Gold and Silver as they are some of the strongest conductors known to man. Might be traceable, but when internet goes down, itll be forever tangible to you

    • @chrismay2298
      @chrismay2298 หลายเดือนก่อน

      Good to see another person paying attention... Keep stacking!

  • @SumBrennus
    @SumBrennus ปีที่แล้ว +1

    15:29 Hard to tell because the directory is hard to read and I have low bandwith but I think I recognize those those two in the photo from a cult called Ultimate Lover Twinflame. I must emphasize I could be wrong. I know them personally from playing an MMO with them in my guild. I am not surprised they would take crypto of some description.
    25:12 Destination Freedom with their Freedom Consultations. They're SovCits. I went to their page. I immediately saw SovCit talking points. Oh, and I wouldn't trust their Bible interpretations either. They offer that.

  • @agoogleuser2507
    @agoogleuser2507 ปีที่แล้ว +2

    4:46 I can argure that it would be good to have the easy ability pf cashing out your bitcoin or monero to prevent loss of money if the value forbeither one drops or to store their value in a reliable form like physical gold. It's good to have physical methods of payment and storage just in case you either don't have a computer where you are or can't use one, among other things.

    • @marcogenovesi8570
      @marcogenovesi8570 ปีที่แล้ว

      physical gold? Yeah I'm sure you can go and pay groceries in gold pieces. Gold is such a scam in modern age. It worked when shops had owners working in them, but with most corporate businnesses good luck trying bartering with gold

    • @agoogleuser2507
      @agoogleuser2507 ปีที่แล้ว

      @@marcogenovesi8570 Don't pride youself on a recent and possibly unstable and unreliable technology. Gold is one of th best ways to store your wealth. Monero is good to a certain extent but if you want to reliably store weath gold and other rare heavy metals are the best way to go. Gold can survive pretty much anything and has been here long before the internet. no sentist has even succeeded in making large amounts of the substance. Gold is a wonderful and notbto mention pretty material. All premium quality products use Gold. If you buy a chunk of it, no matter how low the amount, it WILL grow in profit. If there's an exploit found in monero or ifbyou just lose access to your wallet if it's stolen, hacked, monero isbfound tobhave an exploit, or you don't have access to a computer or an internet conneftion, you can't use monero. Monero is also artificial scarcity. Gold isn't.

    • @chrismay2298
      @chrismay2298 หลายเดือนก่อน

      @@marcogenovesi8570 Such a narrow thought process. Head to Venezuela and they'll weigh you out in Gold or Silver right at the counter. Super hilarious if you look at the charts for metal a year later... LOL!!

    • @marcogenovesi8570
      @marcogenovesi8570 หลายเดือนก่อน

      @@chrismay2298 that's because the rest of the world is still functional and global trade is still available. It's like saying that marine shells are a viable coin just because you and your friends use them, but to get anything from the outside world you still have to use something else

  • @lionardo
    @lionardo 11 หลายเดือนก่อน

    many of those online shops don't accept monero anymore, but rather bitcoin instead.

  • @PK88.
    @PK88. ปีที่แล้ว +9

    Indeed a certified bruh moment

  • @_modiX
    @_modiX ปีที่แล้ว +3

    Problem on Monero is, it's still not PoS. And governments don't like it, but that's why we love it so much. ;)

    • @Syping
      @Syping ปีที่แล้ว +2

      PoS would kill Monero, and i think Monero's PoW is the best PoW implentation for the environment, as it blocks ASICs and FPGAs and encourage average people to mine it, not large farms like Bitcoin and Ethereum before PoS.

    • @_modiX
      @_modiX ปีที่แล้ว +1

      @@Syping You are right in that PoW of Monero is the golden standard of PoW, because it doesn't work well on GPU. I'm curious though why PoS would kill Monero?

  • @TheRealEnglishTeacher
    @TheRealEnglishTeacher 8 หลายเดือนก่อน

    11:05 - In the UK you can register a car under anyone's name or address, you could register a car under someone who doesn't exist if you so want though I don't know the legality of this.

  • @j0hannes5
    @j0hannes5 ปีที่แล้ว +2

    What if you want to sell a subscription and accept monero? Are there solutions/wallets that handle this (like a monero Stripe)?

  • @snowcloudshinobi
    @snowcloudshinobi ปีที่แล้ว +3

    will you buy the verygood monero ,sirs?

    • @UGPVlogsLA
      @UGPVlogsLA ปีที่แล้ว

      The Cake Wallet and Local Monero are both very safe to buy your XMR.

  • @gavin1221
    @gavin1221 ปีที่แล้ว +1

    You should make a video on how to use the open source technology to make a market website

  • @chadwolf3840
    @chadwolf3840 6 หลายเดือนก่อน +1

    Monero needs more support for the normies.

  • @aaron6841
    @aaron6841 ปีที่แล้ว +1

    Asec resistants means nobody can acually mine any meaningful amount of monero.

    • @chrismay2298
      @chrismay2298 หลายเดือนก่อน +1

      That's why we love XMR. Once ASICs come in, mining is dead for everyone without one.

  • @dm3035
    @dm3035 ปีที่แล้ว

    The Ford purchase with MONERO is in a European country. ( Right side steering )

  • @DerekDominoes
    @DerekDominoes ปีที่แล้ว +3

    So you pay, for example, the tax accounting service with Monero. Haven't you blown the anonymity of Monero?

  • @jacobjames5536
    @jacobjames5536 ปีที่แล้ว +7

    Remember, Monero isn’t quantum-proof and we’ve seen numerous breakthroughs in this tech this year. Meaning: monero is on borrowed time and will soon be just as transparent as bitcoin.

    • @GerhardTreibheit
      @GerhardTreibheit ปีที่แล้ว +8

      Your mom isn't quantum proof

    • @jacobjames5536
      @jacobjames5536 ปีที่แล้ว +1

      @@GerhardTreibheit😢

    • @jakeaustria5445
      @jakeaustria5445 10 หลายเดือนก่อน

      Gotta agree. I hope a new crypto pops up for that

    • @chrislee-jones4420
      @chrislee-jones4420 4 หลายเดือนก่อน

      If computers become powerful enough to track xmr blockchain 100% then they're powerful enough to crack bitcoin wallets and xmr will rocket when the mass robbing occurs.

  • @waltz9230
    @waltz9230 ปีที่แล้ว +27

    Question. What ended up happening with the whole NFT drama that surrounded Monero? I don't really use crypto so I'm not as knowledgeable but I remember this being a potential serious issue that could compromise everyone else's privacy.

    • @alltheruss
      @alltheruss ปีที่แล้ว +24

      Mordinals? Fizzled out. A soft fork "config change" was done where tx_extra was limited to 1060 some odd bytes. As the mining pool nodes as well as p2pool agreed, it limits getting something large on as one would have to solo mine.

    • @waltz9230
      @waltz9230 ปีที่แล้ว +10

      @@alltheruss I appreciate your response but I’m not very technical, does that mean that it’s not a problem anymore? Did they fully “fix” the issue?

    • @alltheruss
      @alltheruss ปีที่แล้ว +13

      @@waltz9230Not as of yet. They will make it part of consensus at the next hard fork which is next year.

    • @seguefischlin
      @seguefischlin ปีที่แล้ว +4

      Not a problem for those of us who didn't know about it ;) Monero still works. Sooo grateful for the strong community that supports XMR

  • @autohog
    @autohog ปีที่แล้ว +6

    Its the shortcomings (traceability) that will allow BTC to be adopted by gov for oversight. Wide adoption will send the price value up. We will need Monero as our new form of cash. Blessings to both dev teams. 10:15

    • @larkohiya
      @larkohiya ปีที่แล้ว

      Monero has all the problems that current money has. The issue isn't what form the currency takes. The issue is the system of control. Otherwise the whole conversation is just with people looking out for Max personal profit. Profit seeking is the issue as it just is a tool to extract value from those without wealth. Which is intrinsically benefits those who already have it. We can do better.

    • @sofianikiforova7790
      @sofianikiforova7790 ปีที่แล้ว

      @@larkohiya Typical anti-capitalist criticism - empty of any proposals for alternatives

  • @autohog
    @autohog ปีที่แล้ว +2

    Is there a way to buy Monero no kyc, and is there a no kyc monero only wallet that you recommend?

    • @UGPVlogsLA
      @UGPVlogsLA ปีที่แล้ว +2

      The Cake Wallet and Local Monero

  • @thepap000
    @thepap000 ปีที่แล้ว

    Cake pay is how I live of Monero

  • @hehe42069-k
    @hehe42069-k ปีที่แล้ว +6

    thanks for the waifus

  • @Rolandfart
    @Rolandfart ปีที่แล้ว

    My Aupa protein bars arrived today, if you buy any, get any flavor but apex.

  • @reg4j298
    @reg4j298 ปีที่แล้ว +6

    But how / where do you buy Monero without KYC or mining?

    • @sharp7171
      @sharp7171 ปีที่แล้ว

      You buy it

    • @gftftt8463
      @gftftt8463 ปีที่แล้ว

      Get yourself a wallet which has a built-in exchange in it and swap any crypto to Monero

    • @reg4j298
      @reg4j298 ปีที่แล้ว

      @@sharp7171 bruh

    • @MentalOutlaw
      @MentalOutlaw  ปีที่แล้ว +18

      Create a Monero wallet and then use it to accept payments for your skills or the next time you want to sell something

    • @e-maxwell
      @e-maxwell ปีที่แล้ว +4

      Localmonero

  • @jowey_2077
    @jowey_2077 9 หลายเดือนก่อน +1

    No way, opsec Drake