Yes, that's right, everything is tied to fiat.
Even if a baker sells his bread for $5, it is still beneficial for all of us that the baker is educated and understands that using fiat currency = total control (especially by banks and other non-cash forms of payment) = being robbed by the state and bankers through inflation.
Also, I don't want the state to rob the baker on taxes, and it is in my interest (out of human kindness) to teach the baker how to use Monero so that he can teach his family and friends, so that more people can circumvent the state's prohibitions, regulations and taxes.
The more educated people around me who know how to properly bypass the state and not get caught, the easier it will be for all of us to live.
And the more people see the value in XMR (for example, thanks to its default privacy and cheap ~0.02 USD transactions), the more the price of XMR will naturally rise.
That's why I don't care about the price of XMR.
Except you do care. That's a lie.
Without a price and exchange in the real world you cannot know how much the person is actually charging you.
If you come to my bakery and want a loaf, and I say great, I now take only momero. You say sweet, how much, I for you, only say 1.5xmr!
Do you buy the bread? If so, was it a good deal? If not, why?
everybody brain THINKS in fiat and where u buy the WHEAT to make make aka u suppliers takes fiat - so u have think in fiat or ur biz dies. - but when all suppliers take XMR hypothetically or example u island cuttoff rest of world by sanctions - someone in ur shop pay u 1XMR=1egg also - that what happen in nigeria last year with btc
and how bankers control everyone mind using fiat - so btc n xmr n crypto are SHIT until circular eco RISES beyond a threshold - XMR is just doing it - if price fall to $60 - people if still using means good
poeple r FORCED think king dollar for now - that is not gonna chancge all fucking bitcoiners propaganda infact saylor selling point is FIAT devalue only
Thread collapsed
Yes, when things are priced in it, sure. But they aren't. And hate to tell you, will never be priced in monero.
But until then, claiming fiat price is shit, etc... is just bs virtue signaling
everyone "STICK fiat mindset" n banker ramping shit - UNTIL if hyperinflation starts - rest all kick SLOW as usual
1 year 10year 50year no telling - who control chain n hodler will matter - bitcoin will centralized much fast that other chains
bankers insti not touch xmr for now
Thread collapsed
I'm not sure if you aren't a native English speaker, but you aren't making any sense.
Have a good day.
price is secondary - hold some spend some directly at merchants - forget the rest complex matters
Except it's not. How do you know how much to send or pay? Or receive?
My capital and savings is a shit load of hard work and energy I have put in over the past few decades.
Sorry, I'm not about to go burn through it because I'm randomly giving amount amounts of money without having any value in return.
We must have a standardized unit of account to assign an amount. Until said time where that unit of account is xmr, you must assign value in other ways like exchange for gold, fiat, whatever other 'money'.
Thread collapsed
Thread collapsed
Thread collapsed
Thread collapsed
it is majority flipping - other not doign i will not price my menu too - when it happens it happens fast - there will no fucking bitcoin standard in big eeconomies - since it doesnot need to be. neither any gold standard.
Thread collapsed
Thread collapsed
Thread collapsed
Thread collapsed
If people are to informed they will start using the barter system with those they trust. People exiting the system is a huge problem for the parasites
Thread collapsed
everyone reading focus on "CONTROL" not price
Thread collapsed
