The need for Monero will only be realised by the masses when:
Monero must always be presented as a solution to a problem: https://moneromaster.substack.com/p/adoption-objections
The goal is this article is to equip you to better formulate your Monero product listing to increase sales within Monero Marketplace & XMR Bazaar.
Here is a simple checklist for those who don't want to read the whole article:
Full article: https://moneromaster.substack.com/p/tips-to-improve-your-marketplace
Do you think this is something you could take on and resolve? perhaps pitch a solution on the CCS?
Going through this book at the moment, it is very insightful. Don't steal it though, support people who are contributing to defi and wanting to build crypto economies!
A quote from the book that made me see the importance of the CCS and crowdfunding in general for Monero:
For most cryptocurrency projects, not just Bitcoin, developers call the shots. And notably, software developers don’t finance themselves. They have to get paid somehow. Therefore, the real power dynamics within a cryptocurrency projects are determined by how its software developers make decisions and get paid. The history of BTC is a cautionary tale of what happens when the incentives of developers become misaligned with the rest of the network.
Does not getmonero.org use Cloudflare too?
For multiple reasons we use Cloudflare to handle the DNS (including their embracing and facilitating Tor routing and access from Tor exit nodes, and their exceptional DDoS prevention).
Thanks 😅
I'm taking a "grow with demand" approach to Monero Master so I am starting small with a focus on content/utility over solid infrastructure 😁
"out of the box solution for business owners like a POS software or even a little hardware gadget." this was one reason I started Monero Master, was to help local businesses set up payments should they need assistance.
One thing I've been thinking of, let me know if you think it's a bad idea, is to create a "crypto tip" business card, the idea is that when tipping someone in the service industry you would first offer them crypto, when they say they don't have any you offer them a fiat cash tip and then hand them the card which has a QR code to a website that gives them a step by step guide on how to get set up. At that point, if you are local, you could say that if they serve you again in the future and you go to tip them in crypto you will double their tip.
"By the way, is the monero network even prepared for such a thing in terms of speed? " this is a good problem to have 😁
I agree, however, this can be rather challenging to communicate and convince people of due to the vast amount of social engineering people have been exposed to via centralized information systems.
Imo it's better to focus on the direct and immediate benefit to the individual as to encourage mass adoption. It will be much harder to pass and, more importantly, enforce laws that restrict/limit defi if more people are using Monero for legitimate and legal business.
Why should businesses use Monero? This question when answered will raise adoption objections of some kind.
If building a Monero circular economy requires the adoption and use of XMR payments from small and medium sized businesses, then potential objections must be preemptively addressed.
My background is in marketing. I've helped many small and large businesses grow and reach more users/customers.
The goal in presenting these insights with my unique experience in product/service adoption is to better equip you to persuade others to consider accepting Monero payments for their business.
Read: https://moneromaster.substack.com/p/adoption-objections
Here is the TLDR: When overcoming Monero adoption objections it is important to not only address a particular concern but to focus on the overall solution Monero presents to businesses that are relevant to their personal experiences and challenges.
In some instances, Monero payment processing can be 43 times cheaper than fiat. Businesses have an opportunity to increase their profits should they readily and widely accept Monero over digital fiat payments.
Many are feeling the weight of inflation and the rise of corporate and government overreach through technology. Presenting Monero as a solution in this context is a great first step in encouraging Monero adoption.
The convenience of transacting with Monero should likewise be stressed when discussed in the context of international payments.
Monero users should be as friendly and helpful as possible in order to encourage others to consider the usefulness of Monero payment processing.
RSS replaced my desire for Social Media. Can run it through Thunderbird too 😁
Anyone else getting an issue with the redirect? It goes to this page https://moneromaster.substack.com/p/mcep
The pledge listed here is more a "word is my bond" social agreement to get folks thinking of a Monero to Monero economy, rather than a financial pledge or investment to me.
I don't have, nor do I plan to collect fiat subscriptions with Substack. At this point in time I'm using Substack more for convenience to test a concept. I'll invest capital into infrastructure if people find what Monero Master is doing helpful enough ☺
Thanks for your input - this pledge does not exclude people working with Fiat, it's more so that they keep Fiat with Fiat and Monero with Monero.
Not all businesses will be able to do that and that's ok, some will have to limit the number of clients they take this way but it's still a good step to get the Monero culture moving in that direction 😁
This is an insignia to place on your website to build confidence with Monero buyers and businesses who want to develop a self-sustaining economy.
Businesses that use the MECP graphic:
🟠 Pledge to only use the profits of their Monero sales to purchase other products or services with Monero.
🟠 Pledge not to use exchanges to convert their Monero into a fiat currency.
🟠 Pledge to seek out and transact with other MCEP businesses where possible.
I'm currently creating a list of businesses that want to join this pledge. You can apply here: https://moneromaster.substack.com/p/mcep
Step-by-step guide using Vigenère Polyalphabetic Ciphers to encrypt your Mnemonic Seed and prepare it for steganography.
Hi folks,
As of April 2024, the UK police and National Crime Agency were granted new powers to confiscate and destroy cryptocurrency assets, passwords, or hardware wallets without making an arrest:
Police will no longer be required to make an arrest before seizing crypto from a suspect … items that could be used to give information to help an investigation, such as written passwords or memory sticks, can be seized
Whether this will be used to tackle legitimate crime or as an arbitrary blanket procedure to prosecute law-abiding individuals who are concerned about financial privacy is yet to be seen.
What remains is a need for extra precautions to safeguard your Monero.
This is one system that I’ve used and that I want to share with the community.
Thanks
🔗 https://moneromaster.substack.com/p/monero-guide-encrypt-seed
thanks for the heads up! fixed