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mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago

learn how to pay all your bills with monero

This is some of the worst advice I have ever heard lol. Good way to get the feds knocking on your door for tax evasion. Not to mention crypto is a ponzi scheme by default and destroys the enviroment just so you can get yourself into legal trouble. It’s not even private either since your money needs to enter and exit a crypto exchange that requires you to enter invasive information for this exact purpose.

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newIdentity@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

your money needs to enter and exit a crypto exchange that requires you to enter invasive information for this exact purpose.

No

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- mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago
  Elaborate, unless you have the fantasy everyone is mining coins and keeping it in the monero ecosystem, which doesn’t happen.
  
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  - jack@monero.town ⁨1⁩ ⁨year⁩ ago
    There are several ways to obtain Monero anonymously.
    
    Simplest and most well-known: Buy Bitcoin (non-anonymously), then exchange Bitcoin for Monero. Never touch this Monero receive address again and use your other Monero addresses for spending (u have infinite).
    
    Other method: Use localmonero.co and directly exchange cash for Monero with a well-reputed stranger. Anonymous cash-by-mail possible.
    
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    mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago
    Dude there’s this things as taxes, and you have to claim those on your taxes or the IRS comes for you. That’s dumb as hell, and cash shouldn’t be anonymous.
    
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  - newIdentity@sh.itjust.works ⁨1⁩ ⁨year⁩ ago
    You’re wrong with the Anonymity part
    
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  - todayisthegreatest@lemmy.today ⁨1⁩ ⁨year⁩ ago
    Monero used zero knowledge proofs. It is anonymous unlike Bitcoin. That’s its main selling feature.
    
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    mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago
    Did you read literally any part of my comment
    
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shortwavesurfer@monero.town ⁨1⁩ ⁨year⁩ ago
Actually, i have been paying for groceries, my phone bill, and my email service for the past year in monero. I also use it when i go out to eat and could pay my power bill with it too. The only bill i honestly cant pay is the mortgage. That one is a direct bank draft and not a card payment otherwise i could even do that one.

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- Dislodge3233@feddit.de ⁨1⁩ ⁨year⁩ ago
  How do you pay for groceries with Monero?
  
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  - shortwavesurfer@monero.town ⁨1⁩ ⁨year⁩ ago
    Through instacart or via walmart giftcards with Coin Cards or Coinsbee.
    
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    jack@monero.town ⁨1⁩ ⁨year⁩ ago
    What’s the point though? Cash is anonymous anyways
    
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    mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago
    That looks like you’re a drug dealer
    
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