pull down to refresh

Unless you account for the inevitable entropy of funds being lost in unreachable transactions.

I mean it's a bit like saying "gold is in danger because sometimes we drop it in the ocean". But maybe you see my point

If people can't audit the blockchain, it's just like Fiat. If there is no supply cap, it's just like Fiat. If it has been losing value over time, it's just like Fiat.

THERE IS NO SECOND BESTTHERE IS NO SECOND BEST

reply

And in practice, no Bitcoiner is taking advantage of it's simple math to audit the blockchain. No one manually checks every 10 minutes that all inputs = all outputs. They just run a node and don't give it another thought. Exactly as any Monero user would.

  • Yes, no supply cap, but supply is steady and predictable (unlike fiat) and it is less inflation than gold. It is also decentralized, permissionless, non custodial, final settlement, p2p, and FOSS. So no it isn't "just like fiat".
reply

deleted by author

reply

Don't hold Monero long term and/or don't hold a lot if you think this trend will continue. Use it like cash. This isn't difficult.

reply

Name 1 exchange that accepts Monero. And i doupt there are many P2P offers.

reply

LOL 🤦‍♂️ Are you serious? Kraken is a major one, but I don't recommend KYC CEXes.

There are so many, but I'll only list a few popular P2P and KYC free ones

https://kycnot.me/search?q=&type=exchange&xmr=on

Agoradesk Bisq Robosats LocalMonero

You can swap any crypto and get Monero using these exchange aggregators too: https://trocador.app https://orangefren.com/ https://intercambio.app/

Or this atomic swap: https://unstoppableswap.net/

reply

literally the first person here to steel man monero lol. good luck! By the looks of things, you're up 100k sats on saturday.

reply