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Replying to Avatar LiberLion

Price Is Not Value

The price increase we see in $XMR #Monero is just speculation.

$XMR is still listed on several centralized exchanges and that's where the speculation is happening.

When will we see an organic price increase due to demand pressure?

In a few years, the demand for Monero will get a real boost out of necessity as we will see most governments limit the use of cash to the point of banning it, going to a cashless society and with #CBDCs becoming part of a social credit system.

Then governments will implement a system of subsidies, UBI (Universal Basic Income), as in a few years the lack of employment for many sectors of the economy, due to the development of #AI will leave many people out of work, who will not have adapted to the rapidly evolving technology and market demand.

#Technocracy 2030 #AI

ed
ede3d957... 1y ago

Hashrate at ATH and transaction count constantly, but slowly rising. Price is also an expression of the high scarcity of Monero.

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