LosTim

Hey All,

This community has been super helpful so far. And was hoping you guys might be able to answer some simple questions I had about acquiring Monero.

1. How are most people acquiring Monero with Fiat?

2. I've looked into using localmonero but was unsure about the pros and cons of various payment methods. PayPal, Venmo, etc. Is there a standard localmonero Meta for lack of a better term?

3. Wouldnt all ways to purchase monero on localmonero effectively be KYC. Since all of the various apps used to send fiat would have to have my info?

Answer some or all of them, or just go off about whatever you want since I'm trying to soak in as much tribal knowledge as possible.

Thanks in Advance

I was really kind of surprised to learn how traceable BTC is. I knew the transactions were public but it was some videos I saw about Monero that really drilled in what the implications of that are in a world where the IRS is sniffing around exchanges and the FBI browsing the Blockchain.

So now I'm wondering why people even care about Bitcoin if the one feature it needs to have in order to be a currency that stands outside of institutional and government control.

And frankly I feel kind of duped because the Bitcoin gospel is so tied up with how private and subversive it is.

Anyways I'm here to learn.