• 9 Posts
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Joined 1 year ago
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Cake day: January 8th, 2024

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  • Yep, with the security deposit system, the Monero buyer does not get the Monero until they have paid. And the security deposits mean people are less likely to try to run away from a trade and not pay. Zero deposit offers do exist, but the seller is the only ones who can create those. And so they can choose to not do those if they wish.

    Getting a smaller quantity or using a higher risk payment method does generally mean a higher premium.



  • In Switzerland, yes, you absolutely can walk into a grocery store and pay with Monero at the checkout counter. In the United States, you can buy an Instacart gift card and get the grocery store to deliver your food or go pick it up and pay with Monero.


  • There just aren’t many small peer-to-peer traders yet, but that will occur over time, and Kraken in the EU did have to stop selling Monero, but at least Kraken in the United States still does, although as I said I don’t expect that to last long. Don’t get me wrong, there are some small peer-to-peer traders on reto. Just not many.



  • shortwavesurfer@lemmy.ziptoPrivacy@lemmy.mlCrypto
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    7 days ago

    I have been buying my groceries with Monero since January of 2023. And I’m still alive, so it must work. Otherwise I’d be long dead of starvation.

    Edit: I have found that the absolute most difficult things to pay are the things that require a direct ACH transfer such as your car payment, credit card bill, or mortgage. If anything at all accepts a debit card, it can be paid for with crypto.



  • The biggest problem with doing it that way is you have to go from fiat into Bitcoin, and then you have to go from Bitcoin into Monero, which incurs Bitcoin’s network fees, which currently are not high, but can spike to ridiculous levels very quickly. Also, just as of yesterday RetoSwap has just done a higher monthly volume than bisq for the first time. I expect them to duke it out with each other over the next couple of months before RetoSwap comes out ahead all the time.


  • One of the very few KYC exchanges that has Monero is Kraken and I really don’t expect that to last all that long so you either have to buy something like a stablecoin on an exchange and then do an instant swap from that to Monero or you can just buy Monero directly with Fiat on https://retoswap.com/. That’s a software that you download to your computer that lets you exchange in a decentralized manner between Fiat and Monero.




  • shortwavesurfer@lemmy.ziptoPrivacy@lemmy.mlOpen Home Foundation
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    12 days ago

    I just started using it myself here very recently and so far I’ve only set up one automation but it is very useful. What I am truly excited to see is the Works with Home Assistant program badge. That way I can look at a device that I’m interested in and see whether or not I should spend my money on it. I don’t want anything to do with a device that I need a fucking cloud account for.



  • If possible drop element for SimpleX. Key management is much much easier to prevent loss of chats and metadata is properly encrypted. In element, your message may be encrypted, but the time that the message was sent at is not encrypted, any reactions to that message is not encrypted, who you sent that message to is not encrypted, and who that message is from is not encrypted.