this post was submitted on 04 Jul 2024
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The best bank is monero
Ah yes, the currency that’s pretty much only accepted for buying drugs or anything illegal.
You can't prove or disprove this statement and that's the whole point of monero.
The whole point of what I’m saying is that nowhere accepts it and it’s therefore functionality useless for running a business, the point of this post/discussion.
I can easily prove that most retailers don’t accept Monero and it’s therefore basically useless.
It’s a pain in the arse to even buy in the UK, I know because I use it to buy drugs.
I mean yes it's not the same as paying with PayPal or any other "normal" payment processer but acceptance got a lot better over the last few years you can order basically all the online shit through proxy stores or exchange them through gift cards or by games directly with it.
Make up your mind. Plus, you're wrong.
Also monerica. Include gift cards and almost all major retailers in the US and EU accept monero
Actually, the last time cryptocurrencies were mentioned in a thread i was reading here on lemmy someone pointed out that, due to government regulation changes, using cryptocurrencies on the dark web was the only way some people could get the drugs they needed.
Lol wut? I buy my groceries, hotel, plane tickets, and electronics with monero.
Its great for privacy.
Crypto is scam.
Yes, treating crypto as a way to invest is a scam. The vast majority of crypto and crypto-adjacent “projects” are scams.
We live in a world where payment providers have the power to force Etsy to delist vendors that sell sex toys to customers of a legal age, payment apps like Venmo or PayPal will permaban your account for selling NSFW art or products, and physical cash is being largely abandoned for cards and digital wallets. Surely you can see the benefits of a completely anonymous payment method?
To be clear, I vastly prefer cash, but there’s an obvious issue with trying to anonymously use cash to pay for something on the internet or to send money to someone who isn’t within easy driving distance.