6 mo. ago • 91%

LocalMonero is shutting down

localmonero.co LocalMonero / AgoraDesk will be winding down it's operations — LocalMonero

After almost 7 years of operation, due to a combination of internal and external factors, we have made the difficult decision to close our platform.

39 comments

FUUUUUUUUUUUUUUCK!!!!!!!! That is absolutely the last fucking thing we need right fucking now.

22
- Keep mining and remember the Bitcoin will have to go somewhere when that gets banned..which it will because it can
  
  5
This is heartbreaking news. LocalMonero enabled anyone capable of navigating Ebay to convert XMR.

Thank you, Alex & the team, for all those years of providing what is probably the best Monero-service of all.

16
- @fullmetalScience @rottenwheel
  
  Nailed it, it's a very noob-friendly service.
  
  7
- @fullmetalScience @rottenwheel
  Did the ADL gave him the JFK haircut or has he managed to get out alive?
  
  4
End of an era. For p2p with fiat we are going to need Haveno soon, or we are stuck using bisq and bitcoin.

16
- As it currently stands, I suspect Haveno will be in the same situation as LM, legally.
  
  6
  
  If they collect no fees, run no servers of any kind and just write and publish software I don't see how they can be held liable for anything.
  
  2
We are a reputable trader on there -> https://agoradesk.com/user/geterdone

and we have decided to build an I2P and Tor replacement. We have not slept since they made the announcement so we can get it up and running as fast as possible for the community. We are currently on the Matrix chat if you want to reach out to us for any questions, etc. -> @geterdone:matrix.org

We would have posted this elsewhere but, literally the only places you can post are constantly blocked. You can tell this very quickly like what happened when localmonero announced on reddit.com/r/monero they had 38 messages but only 15 showed. The fight for privacy is becoming a war and the battlefield is open.

9
- get a onion domain ASAP and put a status page up so we can check it later
  
  7
Whoa wait, what’s LocalMonero and how does it relate to Monero? Does this impact Monero itself?

9
- It may impact your ability to acquire Monero.
  
  They facilitated trades of XMR for fiat.
  
  9
  
  Fuuuck so, and sorry for my ignorance, if I use something like Kraken to get monero, this could end up affecting that?
  
  4
Fuck

7
https://github.com/AgoraDesk-LocalMonero/agoradesk-app-foss/issues/296

Please upvote this issue if you want to see all the source code for AgoraDesk/LocalMonero be released!

6
Damn! It was so easy to buy xmr there... I hope I find a good substitute for localmonero when I need to buy xmr again

6
The forever boot on humanity wins again.... Thanks for your service (never used them, don't even know what monero actually)

6
- @xmr_unlimited @rottenwheel
  
  Motherfuckers are in full attack mode. Time to strap in.
  
  4
Know your enemies.

5
- Website?
  
  1
Sad news, it was a good website

4
We are lucky we have Haveno and other DEX. The war is getting tougher.

4
What are the alternatives?

4
Feeling heat? Do they post canary?

0
- When you say you're retiring, you don't need to post a canary.
  
  3
  
  Forced retirement is what I'm wondering, since they've seen others who "enable the use of privacy coins" get arrested in the freest country in the world.
  
  4
That's unfortunate for people using it, but a good thing in the long run.

Cryptocurrencies that use proof-of-work, and haven't already migrated to less resource-intensive schemes, are doing more harm than good.

-10
- less resource-intensive schemes
  
  Tell us about the options.
  
  And I sure hope you are not talking about "less resource-intensive schemes" that are based on "let's give money to people who have the most money" thus making the cryptocurrencies that use it not only unfair but also even more centralized than bitcoin with its ASICs, right?
  
  3
  
  Tell us about the options.
  
  Literally anything but proof of work: taler, proof of stake, proof of weight, fiat currency, gold coins, pokemon cards...
  
  These all have advantages and disadvantages, it depends on what users prioritize: polluting less, privacy, decentralisation, convenience, ...
  
  0
- Okay. I'm open to other options. What fungible, distributed, seizure resistant , digital money system do you recommend that doesn't use proof of work?
  
  Please cite a specific actionable example I can do research on and compare to monero.
  
  3

You've viewed 39 comments.