Monero

This shit will hit $1K a pop somewhere in the next 5 yrs

How can you evade taxes with this coin?

You can't. Monero and other cryptos are anonymous as long as they aren't tied to a specific identity. The weakness is the exchange. If you verify yourself on an exchange or deposit fiat from an exchange to your bank the government knows you received money. The only way around this is to use a stolen identity to withdraw. But if you are using a stolen identity to anonymize your income, you can just use any crypto and it would function the same. Monero just has a built in tumbler service but if you are doing illegal shit you should only ever withdraw from an exchange using a stolen id.

you don't need an exchange, you can mine it, or you can get xmr with cash the same way you can get for example bitcoin with local bitcoin, except with xmr the blockchain isn't public so you're safe

Great, now tell me how I can get xmr into usd without a bank knowing.

cash cash cash

all that exists is monero and cash

Yeah and how is monero and different from any crypto if I'm going to buy crypto with cash in person and sell crypto in cash in person?

Because the person you sell it to doesn't know what address the monero came from.
He can't just open a blockchain explorer and see your entire transaction history or any other shit that's possible with other cryptos.

buy gold bars with crypto and sell those

Why the fuck would the person buying my crypto care where it comes from? It's not illegal to purchase crypto with cash. And even if he could see the transaction history how the fuck would he even know which ones are illicit or not? That makes no sense at all for monero or any crypto.

Gold vendors record sales and purchases in accordance with fintrac, same as banks.

I care if they know.
If you don't care about your privacy, you obviously don't need to use monero.

You transacted in person, the guy you're selling to doesn't even know your real name. He can look up transactions but he won't even know what you purchased with those transactions. That is as anonymous as saying hello to a random dude walking down the street.

No I don't need monero because I don't see a benefit it has over other crypto's.

Not buying your bags, OP. I got in XMR under $40 like anyone sensible who started this year. Sold my stack in the $120-140 range. Might buy back at $100 or even at the same price in a few months, but right now it's time to be in ETH.

Would using eth on an exchange to buy monero and then buy back to eth obfuscate previous transactions?

Ie, simply moving currency through monero is enough?

if you move it back to the same address obviously not

technically its unlinked, obvious tho

ETH -> Shapeshift -> Monero -> Shapeshift -> ETH in new address

monero is fungible. 1 XMR = 1 XMR. This is not necessarily true for bitcoin because some people can value tainted coins (drug money) less than newly minted ones.

XST... stealthcoin is superior

>XVG
literally just bitcoin + tor
>XSPEC
shadowcash fork + tor. shadowcash used stealth addresses (one-time address used for transactions) for senders and receivers and optional ring signatures (google it). shadowcash's implementation was found out to be broken and it was never fixed by xspec devs.
>monero
not a bitcoin fork. stealth addresses, ring signatures, and ringCT (all mandatory). doesn't support Tor out of the box, but can be configured to use it. plans to support I2P (tor alternative) out of the box someday

was replying to

XSPEC did fix the problems with stealth addresses, ring signatures, etc months ago . If you read their BitcoinTalk thread you would know this. Will be $10 by the end of the year

Saw this, sold my car and bought like 1000xmr. Im gonna make a $hit t$n of money in 2 years

buy drugs obv

1000 xmr = congrats. Future millionaire.

Source.

And now that you've acquired your monero that has been cleaned of history you will still need to go through an exchange-->bank-->fiat. Which if you aren't using a stolen id you will leave a paper trail. Now if you use a stolen id, monero or bitcoin, it doesn't matter because the paper trail will be a dead end. So what's the point of using monero in the first place if I'm going to use a stolen id to withdraw into fiat?

I see this argument a lot. Why do I have to exchange my monero to fiat? I can just pay for services and goods with it.

More like next few months.

Because these are the retards of crypto, everything they look at is still distorted by their fiat glasses.

let them be they have folders full of lame pink wojacks, they sell on every red candle, they buy at all the highs.

You've obviously never done business negotiation before, why the fuck would you want the other guy knowing how much you pay for shit and how much money you got. Think, user, think!

He's lying and if you mention it in the bitcointalk thread, your post will get deleted.

ive been saying this for months but actually sold my monero for barely any dosh, essentially broke even because i have the weakest hands

>tfw sold all of mine at $90

What's the purpose of a crypto credit card when nobody wants to spend their crypto? So you can kill yourself when you realize you payed $80,000 for that hamburger when the value moons in 2 weeks?

>tfw didn't sell at 150
>tfw need to cash out my 25 coins tomorrow to pay some debts
FUCK I COULD HAVE KEPT SOME IF I SOLD HIGH AND DIDN'T GET GREEDY

If you have only 1 XMR(bought at $95) is it worth holding or is it better to sell now for a $36 profit and buy back in later at a dip?

the dip is over user

crypto is only good for drugs

Not true.
There's guns, botnets, bribes, hackers, all kinds of porn, assassinations...
You can build an entire evil empire with crypto and never get caught as long as you don't try to directly cash out.

Friends laughed at me when I wanted to buy monero at $45 since the previous ATH was $52 so I only bought 2 coins...