Buying Monero now feels like buying Bitcoin many years ago.
With all the regulations and bullshit they're pushing on us almost everywhere in the world, the need for privacy coins will sure go up in the next months/years.
Might be a good idea to stack some anyway.
#Bitcoin
#xmr
I didn't think that monero works the same as btc, as far as price vs fiat? It's designed as a private currency, not a store of value. You should be able to trade in and out of it using bitcoin or by mining it. Maybe I'm wrong 🤷🏼♂️ I have limited knowledge of it beyond the privacy part.
Sure but with limited supply, the price will follow the demand anyway 👍🏻
I'm not selling my Bitcoin btw if I made some maxi angry 😄...
Monero has 0.85% inflation per year and is falling toward an asymptotically zero inflation rate over time. Since its inflation rate is actually less than that of gold, it's still a fantastic store of value, and I may or may not be storing long-term value in it, but you will never know.
Absolutely, that's the beauty of it
Why hold Monero when you could just convert if you ever needed to?
To be completely free and untraceable, in a hope that more and more people will use it of course.
