So, Europe limiting people’s freedom, even more. Why am I not surprised? Use Monero and build the circular economy. Give the middle finger to these clowns. People in the US need to do the same thing because we are headed down the same path. That’s why I always suggest if you have Monero not turning it back into Fiat ever.
Use Monero, burn the planet, don’t buy anything useful with it as it can be made illegal after one legislation and don’t forget to actively swap it between 10 other different cryptocurrencies. Also thanks to Microsoft for hosting Monero official source code repository.
I did not say stable. I said decently stable. Since Monero is actually used as money and changes hands often, the price fluctuations do exist, but they are less than they might otherwise be. Monero took a big shock recently during the Binance de-listing and dropped 30% which lasted for all of about a week before it was back to a decent equilibrium and only a month to recover most of that loss. It has recovered 20% of the original drop, even though there are fewer people using it. Because it removed some speculation from the market. More people over time are realizing that Bitcoin is not the promise they understood it to be and are leaving for Monero.
So, Europe limiting people’s freedom, even more. Why am I not surprised? Use Monero and build the circular economy. Give the middle finger to these clowns. People in the US need to do the same thing because we are headed down the same path. That’s why I always suggest if you have Monero not turning it back into Fiat ever.
Use Monero, burn the planet, don’t buy anything useful with it as it can be made illegal after one legislation and don’t forget to actively swap it between 10 other different cryptocurrencies. Also thanks to Microsoft for hosting Monero official source code repository.
How much energy does it take to run the banking sector?
Yeah, good luck with that. It’s censorship resistant. So that legislation doesn’t fucking matter.
Funny as most stuff can be purchased in Monero without swapping.
which could be easily changed at any time.
Not just that. Git would let the devs know if the repository contents were maliciously changed.
Monero is a terrible investment long term. Pricing is hard because the value is always changing
What do you mean? I’ve been using Monero for over a year and in that time one Monero has always equaled one Monero. /s
It’s only when you price it in fiat currency that the price changes.
How about against the price of gold? You also will see it change
True, i have never measured it against gold. Though my guess is that price action would be pretty muted since both are decently stable.
Monero is not stable
Monero is actually the least volatile crypto asset that is not specifically designed to be pegged to fiat.
I did not say stable. I said decently stable. Since Monero is actually used as money and changes hands often, the price fluctuations do exist, but they are less than they might otherwise be. Monero took a big shock recently during the Binance de-listing and dropped 30% which lasted for all of about a week before it was back to a decent equilibrium and only a month to recover most of that loss. It has recovered 20% of the original drop, even though there are fewer people using it. Because it removed some speculation from the market. More people over time are realizing that Bitcoin is not the promise they understood it to be and are leaving for Monero.
How does Monero avoid the problem of Bitcoin? Of just being used for investment and not currency?
Low fees, a focus on privacy, not calling itself “digital gold”