#monero isn't a shitcoin
it's the coin you buy your shit with
that's why it looks like a stablecoin since 2018
Discussion
1 XMR = 1/2 ounce of dank
I've never understood why weed prices haven't felt inflation the way other products have
something about how people are realising that prohibition enforcement is exemplary violence and that wears off after a while, all dictatorships eventually fail because people get numb to the violence
So it's just that there's been an exuberant supply increase to offset both inflation and additional use in culture? I don't see anything wild good but definitely indoor grown. Are these grows using solar to stay off grid to avoid detection? Seems like surveillance would be easier these days by the State
that's my point
even with the drop in cost of enforcement the market is keeping pace at the same rate
LED lamps have further lowered the cost by reducing the need for heat extractors, so, a double whammy (harder to spot, cheaper to run) and experimenting with techiques of growing ard propagation keep increasing, the consistency of breeds and the audacious evasion of the law by skirting past it through every loophole they can find
the cost of production has fallen dramatically and the effectiveness of enforcement has failed to increase so the price stays more or less pegged because of the increase of availability to all who want to buy
until all modern liberal democratic states finally fall nothing is going to change about this, and while many nations continue to blindly continue to enforce these laws, where it has become decriminalised they are reaping a prize of increased tourism
and, shock, horror, nobody's daughters are in danger of being raped by crazed marijuana fiends
this is an example of what i mean about the way that the exemplary violence becomes more and more ineffective
the government has no right to dictate medicine, and medicine has declined because of it, to the point that governments have become retailers paying for it in bulk and raising taxes to cover it and when it hurts people, the media is also bought by the drug companies
modern secular liberal democratic states are headed for the dustbin of history because they are incapable of resisting capture by despotic psychopaths
dollar stablecoins means its losing a lot of purchasing power. I think monero is the shitcoin that confuses more the "well intentioned noobs" because it has been endorsed by mediocre tech influencers and hackerish people that wasnt totally retarded.
You need to be totally tech illiterate to fall for other shitcoins meme, but for monero its easier to fall even for the people that know their business someway (but fail to understand what bitcoin is).
Everyone will have what they deserve.
We need both spending and holding