monero cryptocurrency

It is fashionable to use digital coins to exchange goods and services, but how to obtain and anonymize them?

Until very recently, the traditional way was mining, but since the costs have made it unreachable and the concentration has caused that only the big ones can make it profitable, as ordinary citizens we have to look for alternatives, if we do not want to stay in the Walk, at the exit station.

At present, local laws and regulations make it impossible for global markets to emerge, much less, that ordinary citizens can access them. So what options do we have left?

1. The acquisition of virtual values. There are at least 3 ways to get them: Sale or exchange for goods/services, exchange for other securities and “theft”.

If we offer e-books, apps or our services as programmers or security experts, we can request compensation in some digital value, such as Bitcoin or Monero. For this case, an option is to use OpenBazaar, or a P2P solution, that allows us to offer goods and services without having to pay commissions, nor is (usually) regulated by any jurisdiction.

OpenBazaar has the advantage that leaves operations in our hands. We are the ones who decide the conditions, the prices and everything corresponding to the transaction. Of course, here rules the market law, pure and hard. No one imposes anything on us, but neither does anyone else … we are all free to accept them as they are offered.

In addition, OpenBazaar fulfills quite well with the spirit of privacy, allowing us to work under Tor, although they have not yet bothered to give full support, let alone think about the possibility that it can be used in conjunction with I2P. Time will see.

We can also try to use some exchange or exchange to exchange our local currency and get the appreciated universal virtual currencies. An excellent space to acquire or exchange digital currency is BitSquare.

BitSquare is a P2P digital value exchange platform, which works by default on the Tor network. We can acquire BTC or XMR with our local currencies or exchange them for other digital values. As in the case of OpenBazaar, here the free market rules, that is, the price and conditions of the transaction is our task. There are no third parties involved.

And the third way I will not explain because it simply does not correspond.

Of course, the exchange can also be given personally, in local meetings or simply through gifts or donations. Although proven methods, are somewhat limited and also take into account, that the tools mentioned are universally accepted and can be used for international exchange.

2. The need to anonymize a digital value (or virtual currency) will depend exclusively on the objectives that have. What do we want to use that currency for? If we want to buy locally forbidden goods or services or help an organization pursued political reasons, then we are almost obliged to anonymize our currencies, but that is not the only reason.

We believe that using anonymous digital currency should be the rule for all transactions in daily life and therefore, Monero is a very good solution to this whole mess. So that to acquire Bitcoins and to try (to risk) to anonymize them, if with Monero already we have everything?

If for some reason we are still convinced that Bitcoin is the way, then we must be very careful when we want to anonymize them and end up losing sight of them.