It is completely irrational for major corporations to not accept crypto directly in this day and age.
It only makes sense once you realize they are controlled by a bigger power that has a vested interest in people being forced to use only one currency, the one they can manipulate without any oversight.
This guy was a scumbag, he shut down the market and stole money from users. Then he tried to extort more money by threatening to publish shipping addresses, as if they had any value.
So now they are pushing some new centralized mess that will take a decade to complete and have the same result as LN.
Or they can just increase the block size with about 10 minutes of effort, which should have been done 10 years ago. BTC has failed and continues to fail.
They have become experts at stalling progress to clear the way for CBDC's.
Better late than never, but it would have been much better if these skilled people worked on a proper DEX or something useful all this time instead of BTC "privacy" non-sense.
"your MEP" is paid for and/or compromised and will do anything they are told by their owners, don't waste your time. Put your energy towards building a world they cannot control with fake counterfeit money and threats of violence.
What a great comment.
I am not saying Monero should not be used to store coins long term and my suggestion only adds a small inconvenience by requiring a churn once in a long while.
I hope you are correct about the future developments which will finally bring a solution to the eternal chain growth problem and I am glad these types of conversations are still allowed in Monero. ๐
Good point, atomic swaps are useless for the average exchange user.
A better option is to use secure peer to peer platforms such as https://localmonero.co
There are a couple potential solution in test phase right now, namely Serai and Haveno decentralized exchanges.
You can buy other coins and then swap them for Monero. In fact any transaction you make with nay coin should go through Monero if you want to stay private.
You can use https://trocador.app/
To buy Monero you can use https://localmonero.co
ATM's of all types will accept Monero, eventually.
Just like any fund raising site there will be beggars and scammers. Just trying to raise awareness about the platform so we can get more legit projects on there.
That is a good idea about adding FOSS projects ๐
Really excited for Serai, hope it does not end up as vaporware ๐ค
The issue is that if there is a flood of transactions, like an attack, it will impact the network. Hopefully the devs can implement fixes which can allow us to hit 1 million TX per day with no issues.
If attackers know that they can cripple the network with a particular attack then we are in a bad position. It would be very expensive to flood that many transaction on mainnet, but it is possible for someone with deep pockets.