this post was submitted on 18 Nov 2024
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Monero

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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Twitter

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Mac & Linux (Cake Wallet)

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Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

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Monero, XMR, crypto, cryptocurrency

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Do you hold or trade Monero or just use the coin with his direct purpose, for anonymous transactions?

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[–] jay_edwards@monero.town 1 points 15 hours ago

I usually swap, when it's needed, on Monero or Trocador. But it's not the best coin to longterm holding, obviously

[–] noxy@yiffit.net 1 points 21 hours ago
[–] xmr_unlimited@monero.town 1 points 22 hours ago

Strictly research only. Don't buy monero meme refers to mining testnet coins and virtually bathing in them.

[–] pound_heap@lemm.ee 6 points 1 day ago (1 children)

Mostly holding with occasional spending on services that do accept it

[–] key_brolin@monero.town 2 points 15 hours ago (1 children)

Hm, and which are that services? Share them, I am interested

[–] pound_heap@lemm.ee 1 points 10 hours ago (1 children)

Nice try fed /s

But if you are genuinely curious, here are a few things you can pay for with XMR:

  1. You can pay for VPN, many providers like iVPN and Mullvad accept it.
  2. There are anonymous hosting platforms like https://njal.la.
  3. Recently I discovered Nostr, which is a distributed Twitter alternative less centralized than Mastodon, and there are paid relays you can purchase access to with Monero.

I personaly donate to some Russian media outlets with XMR, which is not exactly a service purchase, but a good way to help them to survive government pressure.

@pound_heap @key_brolin Many of my favorite Patreon creators have XMR tip jars. Shoutout to Yannic Kilcher, who breaks down AI papers so us STEM-educated non-experts can keep up. Super awesome.

https://inv.nadeko.net/channel/UCZHmQk67mSJgfCCTn7xBfew

[–] mister_monster@monero.town 2 points 1 day ago

Why are you asking us our business man? Don't you know we care about privacy??

[–] shortwavesurfer@lemmy.zip 3 points 1 day ago

I might hold it and I might use it on a pretty frequent basis to buy things like hand soap and AA batteries.

[–] sexy_peach@feddit.org 2 points 1 day ago

Neither of the three

[–] 0x0@programming.dev 1 points 1 day ago

Neither, i don't own cryptocurrencies yet. If i do, i'll use bitcoin for trading and monero as digital cash.