After reading such news I have an obvious question. Does anyone know a PayPal-like service, that allows to hide the destination of my transactions from Mastercard / bank, but with a good privacy policy? Or how else can I restrict the usage of my financial data by mastercard or bank?
Unfortunately there are a very small amount of places when I can pay with crypto… I do not want to face also questions from AML officers. I’m not a journalist in the dangerous country or political activist, so Monero looks like an overhead for me.
Monero is for everybody. The most common things I purchase on a monthly basis in Monero are Domino’s Pizza and groceries. And as far as I’m aware, neither of those things are illegal. Monero is money, just like a $100 bill is money (currently). It is perfectly legal to hold and use Monero.
Domino takes crypto now?
No, but it’s very easy to buy a Domino’s gift card with Monero and use that.
Where I live they used to accept BTC. Not Monero unfortunately.
Well, there are plenty of places that do accept Monero. Take a look at https://monerica.com and https://xmrbazaar.com which is a small but growing marketplace to buy and sell anything you wish (excluding illegal goods) .
Oh that’s interesting! Thanks for letting me know.
Until you do your taxes. The government hates crypto.
Taxes in the US for crypto are easy. I sold some crypto I had and just put the amount in the other income box and paid the tax.
Besides the other user’s recommendation, have a look at coincards. Haven’t used them yet, but they have gift cards for a lot of things, online and physical brands too.