If I ask a random 100 people who own Bitcoin on the street if they have their Bitcoin on exchanges or with custodians, at least 90 of 100 would say yes. Their stack is at any moment poised to hit 0 from rugs and freezes. Must have seen at least 3 posts on X this week talking about exchanges freezing their coins. That proportion would be much lower with Monero. Not only because of the less normie invasion of the community, but because its delisted from almost every major exchange.
Discussion
Monero self-custody is close to 100%. It's the most undervalued feature in all crypto.
Even maxis do not understand it. They only understand ETF (custodial) NGU.
The US dollar can be self custody too, nothing new there. It’s called cash. According to Jack Mallers, 90% of Strike’s customers bought and then withdrew the days after the election. More and more will over time. Nothing special about monero there.
It is. USD is 95% custodial. And BTC is at least 25% custodial. And for 95% of the people it's fully custodial.
and? what's your point?
What kind of insane fantasy world do you live in that you think merchants all around the world will accept monero and hold monero in their own wallet.
Then what? Pay employees monero?
What about regulated utilities? You think governments will allow them to accept Monero for payment? you are dreaming.
Big business and any business is going to have to pay taxes. Going to pay in Monero? lol, sure...
Where we are going there is no state and no involuntary taxation.
See. The world you are envisioning for your son is a bigger cage.
We are not the same. I wish him and all of us to break free from this. Think bigger. Act accordingly.
You are right. I live in the real world.
Governments have always and will always exist, the people want them, there is no way around it.
Strike is a drop in the bucket compared to Binance, Coinbase, etc. It's has something like 2% of the userbase of Binance alone.
The stats don’t agree. But go try it, see what you get.