• lemming741@lemmy.world
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        9 days ago

        I don’t get how a currency can be taken seriously when it’s value can swing 25% in a month

        • felykiosa@sh.itjust.works
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          9 days ago

          A lot of actual state currency could swing more than 25% in a month. And the privacy that monero offer is a viable argument when you don’t want to expose what you do to the all world.

        • uis@lemm.ee
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          7 days ago

          Russian rouble: “Oh, really? Now I don’t need take dollar seriously after that swing of 100%?”

        • shortwavesurfer@monero.town
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          9 days ago

          Easy by using it. Since you know it swings you can take a look at what its average normally is and buy it when it’s below its average and sell it when it’s above its average and that dampens that volatility out over time as enough people do that. When it is below its average price and you purchase it because of that, that pushes the price upwards towards the average price and when the price is above the average price and you buy a product that has a slight downward pressure on the price which brings it closer to the average.

          • lemming741@lemmy.world
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            9 days ago

            Dude I’m not looking at monero charts to decide if I’m doing my biweekly Costco run today or not

            • shortwavesurfer@monero.town
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              9 days ago

              No, of course you don’t. You need your bi-weekly Costco run, so you go do it, no matter what the price is. But you can be advantageous when you’re buying your next xbox or PlayStation and be like, is now a good time to buy that. If the answers no, then you can wait a little bit and buy at a more advantageous time for you. When it comes to essentials, such as food, energy, and whatever, you make the purchase no matter what the price is, and when it comes to discretionary, you can make the best choice for you, whether you choose to wait a little bit or not.

      • jet@hackertalks.com
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        8 days ago

        Some people live their life by sound bites. They’ve been told crypto is bad, and a lot of crypto is, so they just downvote anything along those lines.

        We are in a privacy community, talking about ways to buy things privately, using private digital money. The down voters have no replacement no alternative suggestion no way to do things privately other than stop doing things. It’s not productive, and if they do believe in privacy, it’s contrary to their goals.

        For the people who are about to down vote me, please respond to this comment, and tell me how do you buy things online privately?

    • barsquid@lemmy.world
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      8 days ago

      I don’t understand how people are buying Monero or how it is possible to spend it. Who is selling 3D printers and gun parts for Monero without shipping it that this guy would have been able to get away with?

      • shortwavesurfer@monero.town
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        8 days ago

        There are several ways to buy it:

        xmrbazaar.com Username: beta Password: tester click “Earn XMR”

        Or if you already have 0.11XMR Haveno DEX

        Or if you have another crypto Trocador (keep it under 1k USD and “A” or “B” rated to get insurance.

        As for if anybody is selling 3D printed gun parts. I’m not sure.

        • DogWater@lemmy.world
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          8 days ago

          Well the thing is, you buy the printer and print the parts. Then you buy things like a barrel, internals, magazines, sights, etc.

          The most ridiculous part of this? You can just buy an 80% Glock or ar lower receiver. It takes minimal googling to learn how to finish that last 20%. In some cases it comes with a jig and instructions. So, Tracking 3d printers is fucking absurd. The amount of people buying a 3d printer solely for the purpose of constructing a firearm is minuscule. And of those, most are hobbyists.

            • DogWater@lemmy.world
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              7 days ago

              Right, sorry if my lingo made the point unclear. An 80% frame or receiver is legally NOT a firearm and when completed won’t have a serial and is also a ghost gun. My point was that the 3d printer as a flag for them to start to investigate is absolutely ridiculous.

          • HelixDab2@lemm.ee
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            8 days ago

            This is specific to New York, which has banned making your own firearms. In the state I live in, there would be absolutely nothing illegal about buying 80% parts and building my own firearms. Or, if I really hated myself, buying a benchtop CNC mill, and trying to make a functioning 2011.

            Tracking the sale of certain classes of items and having reams of data is obviously a huge problem; the only way to correct it would be to enact privacy laws that forbade companies from selling or sharing data with any gov’t agency without a warrant, and then limiting the warrant to a single person’s transactions.

            • DogWater@lemmy.world
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              7 days ago

              Yeah I figured that NY must have made 80% parts illegal based on the context of this whole case.