Nostr Web Client

What's the point if adding more purity tests to your already niche corner of the internet?

Especially when the inouts the make the goods are likely in USD? Eg, water and lease and cattle and butcher, none except Monero, so you have to cover those costs at least.

shortwavesurfer2009 7h ago

We are here to replace the state's monopoly on money and therefore the state's monopoly on violence and therefore the state itself.

If you depend on the state to determine value, you cannot replace the state.

As for the problem of volatility and whatnot, you can use simple moving averages to avoid this problem. If a farmer wants fiat for his cows and you want to sell his cows for Monero, the simple moving average can be used so that the farmer gets the fiat he wants and the Monero price stays stable.

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Discussion

freemymind 🇨🇭 7h ago

Probably every user of Monero is free to decide for what he or she uses it.

You can decide to supplement fiat and the state with monero. But is it ok, to request this from every user?

I would argue, that monero is a free tool, so everyone should be free in what intention to use it.

AU9913 3h ago 💬 2

"You can use simple moving averages"

Ok, is that built into xmr bazaar? Cuz if not its neither simple nor a good use of a persons time. I am the farmer who wants to take xmr but all of my inputs are in USD. That y'all have these purity tests makes me not want to bother. I'm not gunna spend time changing the prices on goods when I should be out in the field working. You also neglect the accounting behind that.

shortwavesurfer2009 2h ago

You don't have to constantly change it. You can update it say three times a year, or something like that.

AU9913 8m ago

That only works if the price always goes up. If the price halves, like it nearly did this summer, the producer would lose out on potential profits, and possibly be listing their product for less than the cost to produce let alone cover their margins. This doesn't even account for the fact that they could lose business when their price basically doubles.

Until USD or other fiat isn't unit or account, it's best to price things in it.