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Skepticism Sunday #1 -- Jul 21, 2024
(monero.town)
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
There are plenty of tradesmen working on weekends without reporting it to tax authorities. Common in cities, practically the norm in rural areas. Time spend working doesn't leave a paper trail and whoever hired them can buy all the materials for "personal use". Farmers do need to buy supplies, but unless they have John Deer equipment, the harvest amount will not be automatically counted, and it's trivial to sell some part of it on non-official markets.
I think it all hinges on how fast people get used to using monero "for real" and not only to buy some merch or for other meme purposes. When regulations come down, the people who will be hit the hardest are those bridging between fiat and xmr, because their banking activity can be moderately easy controlled.
@itsmect @nihilist
I agree. Alaska already has this culture in many parts. In rural communities they'll happily pay each other for services in fish, firewood, fuel, etc..And XMR is doing well there too by all accounts.