Bitcoin is for Fools, Monero Rules!
ฝัง
- เผยแพร่เมื่อ 27 ก.พ. 2021
- wanna buy crypto without the government taking a cut? Get Monero!
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Monero
45F2bNHVcRzXVBsvZ5giyvKGAgm6LFhMsjUUVPTEtdgJJ5SNyxzSNUmFSBR5qCCWLpjiUjYMkmZoX9b3cChNjvxR7kvh436
Bitcoin
3MMKHXPQrGHEsmdHaAGD59FWhKFGeUsAxV
Ethereum
0xeA4DA3F9BAb091Eb86921CA6E41712438f4E5079
Litecoin
MBfrxLJMuw26hbVi2MjCVDFkkExz8rYvUF
Dash
Xh9PXPEy5RoLJgFDGYCDjrbXdjshMaYerz
Zcash
t1aWtU5SBpxuUWBSwDKy4gTkT2T1ZwtFvrr
Chainlink
0x0f7f21D267d2C9dbae17fd8c20012eFEA3678F14
Bitcoin Cash
qz2st00dtu9e79zrq5wshsgaxsjw299n7c69th8ryp
Etherum Classic
0xeA641e59913960f578ad39A6B4d02051A5556BfC
USD Coin
0x0B045f743A693b225630862a3464B52fefE79FdB
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You know it's actually good when the Feds are trying to break it.
Monero is what people that bought bitcoin thought they got.
Naww not me
My first guess is that most people who bought bitcoin were speculators hoping to make money. They couldn't give a rat's tail about whether it's anonymous or not.
Now, me, as a privacy advocate, I am quite satisfied with cash. I see no reason to trust monero. Leave bitcoin out of it. It was never on the table. I am not satisfied with monero. And Mental Outlaw's non-explanation "explanation" (on another video) did not endear me to it.
@@PvblivsAelivs what???
@@squigglesmcjr199
I didn't stutter. My words are quite clear.
Bitcoin investors don't care about privacy. They got exactly what they thought they got, an investment tool.
Monero is presumably aimed at people like me, privacy advocates. But I am not impressed. Cash fills my privacy needs. I am also not satisfied that monero is anonymous. I saw the author's claimed explanation on another video. And it explained precisely nothing.
@@PvblivsAelivs oh so you think monero is not anonymous....
This deep fake it's so seamless, congrats.
Does anyone know how he does it?
@@bertlammens4392 Also interested
@@epsweepstakes7889 t was a joke apparently
@@bertlammens4392 Oh will either way if you're interested you can use deepfacelab on github to make them lol
i dont think that its an actual deepfake
Something tells me this dude hasn't payed his taxes in 15 years
🤣🤣🤣
Lol ... only sheep pay taxes
@@anonymoustoo4945 Sweetie it doesn't count if you're 12
@@archafromdmc1913 bahhhhhhhh
>paying taxes unironically
Bitcoin is a digital collectible for rich people, Monero is digital cash what Satoshi imagined
That's their own stupidity, that's people failing to understand something before using it. Bitcoin is fully open-sourced.
First off... Satoshi isn't real. Second it was a team effort. Third we likely will never know who exactly created it but I think Monero was a side effect of Bitcoin....cryptos were SUPPOSED to be even more traceable on purpose, particularly bitcoin but many others. Now we can guess a few groups that would want this but it's more likely a government program made Bitcoin.
@@tripplefives1402 you are still anonymous. Go on the blockchain and tell me a few people's names if it is so easy to track. You sound ignorant and don't know what you are talking about , Bitcoin is Anonymous ,Exchanges are not .
@@tripplefives1402 Satoshi maybe holding a ton of crypto anonymously and by this time his body count be deep in triple digits 😂
@@danielm.7252 Thinking the same thing. The goverment made btc and now has all this metaverse stuff coming to hamsterwheel people once again
Cryptocurrency: Bitcoin
The Cooler Cryptocurrency: Monero
But the big reason is because Monero gives the CPU something to do while mining all that ETH.
Is it effective enought to be worth?
@@alessandroruggiero8932 only if you put a low enough temperature limit on your cpu, so it doesn't burn itself out.
@@alessandroruggiero8932 if you consider the fact that mining is an anonymous way of obtaining crypto, and the exponential growth opurtunity of crypto the power cost is well worth just eating it as and anonymous exchange fee and hold the crypto for a 3 year maybe 2 year minimum, if your worrying about the power cost you dont care about crypto your just looking for quick cash.
@@squigglesmcjr199 if you understand crypto is how you extract every last ounce of value from morons. then youd be better off than you are now. a currency that CAN NOT EXIST without CONSTANT ELECTRICAL INPUT. That means your currency is CONSTANTLY losing value. You get that. right? Ponzi would be proud.
@@DieselRamcharger cars dont go without gas bro
He is right. Bitcoin got gigantic because it was the drug dealer and private sales go to. Many of these people have switched to monero because it fixed the traceability problem that bitcoin had. Once they move there, I think the market will follow
still waiting
@@shawnradkeIf you are still waiting then you probably are still only using the normie internet (clearnet/surface web)
"Drug dealers are good for crypto"
- futurereflections4097
I appreciate your honesty but it's another to say it like it's a good thing.
Monero is the only true crypto currency.
We need more people with it, more businesses willing to accept it and negotiate taxes & then stability in the price. Long way to go, but Monero is the only one structured to serve as money as its scarce, yet still has an increasing supply, its private, fungible, secure, fast, simple to use, cheap to use, has no 'monero headquarters', ideologically driven at a time when privacy is fading and fiat is failing, written from scratch, cant mass mine it. Allllll these characteristics have it and only it, in line to be a viable payment method. Just gotta spread the knowledge around!
@@mattball7074 look up pirate chain (ARRR) aswell
There's also Dero
Ammo is the real currency to invest in.
Everyone understands 9mm to the face
Those transactions can be a bit iffy
Useful things in general. Ammo would be very convenient as currency though.
9mm rounds are rapidly becoming worth more than their weight in gold. Take it to the moon, boys.
6.5 creedmoor is very good for long range shooting
Ofc man, Monero rules. Bitcoin can be easily traced back to you. Anyone can do that. Moreover, there are taxes charged whenever there's a transaction.(gov. knows about it)
I mean bitcoin is more of an investment than a currency.
Yes
I love how much you buy into the deep fake 4chan meme. Whether you started it, or you are just going with the meme, it's hilarious.
What meme? Mental Outlaw is a white dude who uses AI to generate a black dude.
@@BenderdickCumbersnatch lmao I always thought he was black
@@BenderdickCumbersnatch dude its a joke
@@BenderdickCumbersnatch actually? he has workout videos. I’m so confused. is the guy in the webcam videos actually him?
@@user-fi2zs2ww1r AI
Monero reminds me the days when people were too scared to buy Bitcoin
Btw, very good explanation.
Clean and objective.
Great video!
The only bad side of Monero is the name.
Every time I try to shill it to someone, they think I was promoting Spanish MLM.
Hey hun...
and fiat is italian car brand.
Monero is esperanto, not spanish. But esperanto is pretty cringe
@@bioemiliano Yeah even worse. Fake bs language. Was gutted when I learned that (after installing wallet and making first purchase)
😂😂
Tax laws vary from country to country. The US is one of the worst countries for crypto investment
correct, its treated like a bartering good in my country
0 laws on it right now
after watching mental outlaw for a month, i am the smart one in the class now, thanks
Two weeks now and I’ve already transcended
I technically do not have an anime profile picture.
Thanks for a good video. Regarding the point at 4:30 "Or they refuse to sell to you until you decide to donate to a cause they like." Im sure you know this but for newer Monero enthusiasts I would like to point out that a transaction in Monero can be proven if you need to do so. You can obtain TX key for a transaction you have performed. If you send this together with the transaction ID and receiving address to a third party then a third party can confirm how many Monero the transaction was for and that it was sent to the receiving address.
This was a mildly depressing, but much needed awakening for me. Thanks, my man. I'm just tipping my feet into crypto and it's quite overwhelming. I try to use a mix of common sense and healthy skepticism, but it's very easy to get caught up in the hype and FOMO.
Silly me knew all about the disadvantages you mentioned:
- High transfer fees
- Slow transaction times (though this is supposedly lowered with the lightning network)
- Proof of ID for exchanges
- Your wallet being open for the world to see
But never bothered to connect the dots.
Also, nice to see your face :) Not at all what I expected - I was thinking a skinny white dude
His face is a deepfake and crypto is a Capitalist scam.
@@alexdelarge9425 is this a troll?
@@theoneguy2267 No not at all.
@@alexdelarge9425 based
This is his incredibly handsome deep fake
This man risks showing his face for people to learn to get more unknown amounts. All the love from Lebanon!
that's not really his face, it's a jason tatum deepfake.
Monero is what Bitcoiners thought they had purchased
One of the best reasons to get into monero is that it isn't mined on GPU. Probably the reason why nvidia is going to spend millions to convince the msm that it's bad once it starts to pick up attention.
have they done that before with other cryptos?
why even bother with money, i just trade the food i grow and im doing fine
Ah, barter system. The good old days
I am unironically doing this. Almost warm enough to sow for summer 😎
Good on you. They can't tax you if you don't use money. They can't steal money that you don't have.
@@censoredterminalautism4073 they also can't tax me because i live in the middle of a forest and legally died a few years ago
@@censoredterminalautism4073 Property taxes say otherwise. "Give us some of that wheat you farmed over there".
I didn't know Jayson Tatum was into crypto
this young guy is highly intelligent, thank you for your content.
Can you give tech tips for tech illiterate on how to evade glowing ones?
@@username6338 That's why im asking for tips, moron
Install linux, use tor.
there are A LOT of guides about that, search. but in general just learn how to do good OPSEC, it also helps you on your day to day life.
@@supahx1421 Install gentoo, use brave
@Ayaan K Install chicken, be Amish
"I don't actually do anything illegal..."
People that say that really have to wake up to the reality that everything that they do can be made illegal. And probably will.
Same with the classic "I have nothing to hide" mentality.
Fr, crypto is just banned in my country
@@matsurisband-aids4712 Fuck your country. Get out of there. GREAT name, by the way.
Rules don't matter at all, they'll revise or selectively enforce them via pretext if they view you as a threat that they can't control. Even if it's legal.
@@kloa4219 But making everything illegal does make things easier. Especially when the people behind the laws don't have to follow them and can choose when to enforce them.
Explain how you do that deepfake pls
Majic
It ain't deepfake lol he's just messing with u
1 buy webcam
2 turn on webcam
3 record
4 upload
5 ???????????????
6 profit
If you would be so inclined good sir, a Monero mining tutorial would be most dank. 👌
Minergate
WIth how many machines is it profitable to even mine it?
@@osman4816 I know it's meant to be mined on desktops and is CPU based mining, other than that I have no clue. Probably some good resources floating around the web.
@@looweegee252 Now is not the time for hype brother, that comes later. We in chainlink prehype speculation phase, hush hush.
@@osman4816 at today's prices no but a couple years of Biden will get that price up there
I personally value privacy more than gold so for me it's worth it, Monero will inevitably jump eventually once normies realize it's the only way to stay out of China's grip
My 3900X and 2700 systems were already built for other uses and my electricity is included with rent so for me it will always be profitable
Cant believe drake talking about monero
Mental Outlaw: Mises institute contributor
Chad
Konkin is happy ?
Monero is the peoples money.
Hey Mental, you've got the point, value of a crypto should be determined by its anonymity and the fees costs from orders. I also believe the same. That's why I am still away from those mainstream cryptos...
Is this really a deep fake? Cause damn I'm convinced.
HMMM I WONDER...
yeah it is. the speech is actually ai generated as well. if you listen closely you can hear it glitch out sometimes. also if you do the research, half of what *it*s talking about isn't true or doesn't even exist. I mean have you ever even SEEN a REAL "bitcoin" ?
Yup. This is actually Luke Smith's second channel.
It's a meme, he is real
1.. MONERO REVOLUTION!! POWER TO THR PEOPLE!
France has entered the chat
@lunes feriado basado Argentino
Monero is fantastic, but Governments are already banning it from exchanges in certain countries. CashFusion on Bitcoin Cash gives you privacy, but isn't getting banned by governments yet.
Roger u blocked me on twitter. Why not rename BCH to BitcoinB (BCH). U think u understand marketing and branding, but u really don't. no offense. Community can call themselves 'cash' the coin should just be called BitcoinB
I feel like this will age well
Silly rabbit, bitcoin is for kids! **Monero is for men**
*Bitcoin is for boys, Monero is for men
Menero
Boycoin
I'm glad I found your channel, thank you
Could you tell us about the best Monero wallets, best ways to get Monero, best way to convert, etc like you did with Bitcoin? Thanks a bunch for what you do!
Best wallet is just the one you get from the official monero application, and bisq is a good decentralized exchange
I think any wallet works as long as it doesn’t have holes
@@mimiminecraft5362 Good one
Nano ledger period.
@@AMOFOUR4x only if you do not order it to your name and adress
Monero lacks 2 things to be perfect:
- solution to the blockchain scaling problem
- no transaction fees
Doesn‘t a cryptocurrency need transactions fees for the miners that make the transaction possible?
it costs like $0.03 to $0.05 for transaction fees VS $5-11 lately for bitcoin and ETH
and MONERO scaling bulletproofs a few years ago made transaction fees where they are today
suuuuuuuuure it would interesting seeing the market cap of monero grow to see how scability is when it's much larger, but tbh, it's not doin too bad.
what monero needs is a f***** user friendly wallet and user friendliness
@Alessandro Riva it is still not official ask anybody even on the darknet if they have used that.
@@lopo8000 cakewallet is user friendly
Exchanges are so allergic to privacy, that some even delisted DASH, which has ability to be sent anonymously, while its not mandatory at all.
they are allergic to being destroyed by regulators, exchanges used to have more freedom
Transparency would be awesome if everyone, including the government, was bound to it.
just spent my life savings on poopcoin
Yeah shytcoin, smol, and tacos, rule.
Every time someone comments "Monero" someone in the world buys Monero increasing it's price
Monero
dog
*** MONERO MONERO MONERO MONERO ***
monero
doge coin
If the gov makes their own ledger of legal and illegal bitcoin, there will be a mad dash for all the newly defined 'black market crypto' to exchange their holdings for monero, as monero will maintain more dark market value...will likely spike in price initially if this where to happen.
You are amazing man. You taught me a lot.
Since you cannot track it, "they" can crush it without anyone knowing who did it.
You're one of the good ones.
Step 1: tax evasion
Theft evasion?
based evasion
Step 2: get Al Caponed...
Glowies will hunt you down anyway, naruto-running won't be enough to escape them...
@@transforgoku dont use the term "glowies" like a plebbit user
instead use "glownigger"
Aeon is such a killer it not even listed in most places. The fact that aeon can fit on your phone or raspberry pi makes it ridiculously portable.
Monero and other privacy coins will never be massively adopted. That is the huge problem.
Monero is definitely superior in many ways. Just want to say there are still use cases and advantages of Bitcoin though.
Such as?
I had a hard time trying to convince my dad that mining coins wasn’t printing money or stealing 😂
Dad's hate crypto lol they prefer...paper Monopoly money 🤑
@@tripplefives1402 most cases? I wonder why mining farms exist everwhere 🤔, yet they're still all generating profit.
@@tripplefives1402 Fair point, though crypto is not limited to only one currency that's limited by specialized hardware. I've gotten personal profit from mining various cryptos with used consumer hardware and got enough to pay back the entire card and electricity in about less than a year, ¯\_(ツ)_/¯
though, lost my sanity. server fans strapped to consumer GPUs are stupid loud.
@@tripplefives1402 dude you can mine other coins and trade for BTC lol we aren't mining straight BTC out here
Research before commenting either IRL or online
Don't reply go read shit
If you reply it means you're wasting time replying instead of reading so just don't lol
did you said its like interest rate?
1 year later this is all relevant. Subbed 👏🏿
1 year later and monero bleeds harder than budd Dwyer
My bank app happens to have some crypto investment.... but I don't have ADA or Monero...
But yeah, I invested in BTC and Ether hopefully will rebound nicely in a few months.
I’m a supporter of both btc and monero. Each has its own downside and upside. No need to undermine each other.
Btc has a fixed supply and way higher hashrate which means having huge chain security that’s way big companies and people with big money feel save to store their value in btc. On the otherside, the privacy feature or monero can be useful to cut the links between btc transaction. For me basically monero is the best btc sidechain. Super love it.
Can you please make a guide on how to mine Monero.
You can mine monero in the monero gui wallet but good luck ever finding one.
It’s not really profitable is it? I’d only be getting ~$0.50 after a full 24 hours of mining, not including electricity costs. I’d rather do something else with my computer than have it mine all day.
@@supahx1421 While mining monero (or most other CPU-mined coins) you can do almost everything without noticing any difference. Just set the miner to low priority.
And yes it is profitable for a lot of common CPUs at the moment.
The ancap ball in the thumbnail is just perfect
If they even do anything to track it a new stronger version will be made
You're quite a bit more handsome than i expected.
Same goes for your anime avatar
Good morning. May I call you a mister?
Why are you ghey?
@@typingcat who ses am geh?
Monero mining tutorial coming?
I don't see a problem with Bitcoin being an open ledger. The Exchange I bought Bitcoin from my know me, but if I want to pay someone in crypto I can just go and exchange Bitcoin on a DEX into something else and then pay that person / institution. Love Monero though.
it's called buying bitcoin from a no KYC exchange, and then if you really need you can use a full node to connect to your wallet and then use wallets which support coin control. If you really really need then there are wallets which support coinjoin, payjoins, etc. DYOR some more. Good advice on converting old lenovo thinkpads though with a windows OS and putting linux on it.
I was thinking about holding bigger/main amounts of wealth in xmr and then using a no kyc exchange to transfer small amounts into other coins or possibly usd (is that possible?)
I like the idea of monero but its basically useless for transactions atm
Monero is what bitcoin noobs THOUGHT they bought.
that is a really good way of putting it.
Currency=/=investment
A video about how to make a cold wallet from a flash drive would be awesome!
I got both and I agree plus gov or banks will probably use XRP or XLM which is even more open but it is fast at least.
XRP will be the global reserve currency for the banks. Super centralized though
Thank you for these informative videos. One of many things left to talk about is to show us how to buy cryptocurrencies, like Monero, anonymously.
Local Monero. Cash for crypto person to person.
@@percyblok6014 totally unnecessary. Just buy it from an exchangr
Ok I Will blindly follow your advise.
Good
What the heck happened to Monero just now? It crashed, down by $100, and I can't even buy it anymore.
No crypto has the utility that Monero does. Not even close
Hi, nice beard.
it's a deepfake lmao
@@noobishply bro that's his real beard why would it be a deepfake
@@dslylsd i can't tell if you're joking or not
This guy brows is more neater than my hair, hot damn!
Hey dude, thanks for all the great content. Any pointer on generating a secure monero wallet offline?
2:45 you can even make a cold wallet on a paper
Could you explain a point by point comparison on why monero is better?
Downloading the Blockchain right now.
i dont care
@@ClockworkRBLX Your daddy does
@@MrMOd3RnW4rF4R3 TH-cam is 18+
@@ClockworkRBLX Grass is green
I need to download more RAM from Tor, so I can watch youtube from my calculator :)
I've been thinking about using monero as my bank.
Bitsa has prepaid cards you can fill with monero but I think you need to provide id.
binance has 2 btc/day max out for unverified accounts. get one, add monero, trade for a while, withdraw in monero, new acc & repeat.
Exactly. Well done.
bro youre the "handsome squidward" of tech youtubers.
Long live Monero!
Totally off topic,
but you legit look like a Sumerian king lol.
Stay up king
Your basedness, may you explain what the current (legal) possibilities Monero as a currency, not investment, has to offer?
Government: "We'll pretend it doesn't exist and hope it goes away."
Me: "Heh, CPU go brrrr."
But bitcoin was never intended to be private, the idea was to be as transparent as possible so you wouldn't have to trust anyone, everyting is verified, not trusted, as in banks. The fact that stupid people think that bitcoin was the go to coin for privacy says too much about their intelligence and level of information.
Honestly I've had monero on sights for a while, but since I have no resources to buy, it'll have to wait a bit.
You have optional transparency with monero, you can show the amounts and your wallet to someone but only if you want
@@patrickoliveira9496 that is good to know, don't know if it's known widely, but bitcoin has a protocol that tries to mitigate the privacy issue. Once you receive coins you use ona "address" (depending on the wallet), next time you receive coins another address is generated.
Not the best implementation or solution, but it's something, having in mind that full privacy wasn't in the foundations of bitcoin per se.
Bitcoin was never private, but it used to be somewhat sudo-anonymous, it could be mined or bought privately.
Thats almost impossible now with exchanges forcing you to use your real identity to buy it
@@archygrey9093 This. Even if it's hard to be private about the movements due to exchanges,there are a couple options, namely, buy from peers or exchanges like changenow or changelly, they have a minimum deposit of usd. The only big downside is credit cards.
So full circle will be peer to peer exchanges.
Very good explanation subscribed
XMR is what crypto meant to be.
"Deep fake to anime profile picture conversation"
I would never have expected such a privacy-conscious individual to show his face on the internet
It’s a deep fake video, that’s not his actual face it’s someone else’s face edited on to his actual face to hide it using AI
@@MarshallSambell Possible, I guess
@@MarshallSambell WTF? Are you serious??
@@bigblackbadger1 Jayson Tatum deefake.
BRUH this dude is a brown version of Jayson Tatum.. thats crazy
3:40 what are your thoughts on monero's transaction times? From what i could find monero takes 1/5th as long as bitcoin (2 minutes per block instead of 10). Which is a lot faster, but is it fast enough?
"Deepfake to anime profile picture" I feel called out and I don't like it.
Monero ftw
Btc is gold it provides liquidity for the new global monetary system
Saylor has good thoughts on it
If my monero blockchain ever finishes syncing... Ugh... Either the version on Git got a lot slower or more happened in the last 3 years than the 3 years before that.
2:45 you can literally save your cold wallet on a piece of paper
I can't be the only one that thinks this guy sounds like Optimus
Make sure not to alienate yourself in your pursuit for more privacy. There are meaningful ways to attain more freedom, even within the system, that will require you to be transparent. Though don't confuse the transparency that you like with the idea that state agents should know your password and pin.
I actually thought you were a hairy black dude lol. That deep fake is really good.