Don't worry, we'll still be here when you're ready for us.
Unless you have infinite time to live, it is not infinitely inflationary. That and the inflation rate is so low that lost coins bring it down even closer to zero than it already is. Monero already has less inflation than gold and gold has been stable for 2000 years or better.
that will be when moon. I suspect very few people would want to sell to them, especially not at these prices.
A new #BTC ATH makes clear the euphoria of investors.
The liquidity injected by bankers are creating the necessary ground for the new Trump administration to sustain the narrative.
Trump said he'll ban the creation of a #CBDC, but nothing said about creating a virtual currency backed with #BTC.
It's a deceptive narrative to issue a new supposedly sound fiat currency to liquefy the massive American debt. I've been saying this for some time.
It will be when the time for a sovereign privacy currency will become apparent, that's why #Monero
My article
https://libereco.xyz/the-new-world-order-from-dollar-to-cbdc/
First of all, why are all of your paragraphs heading level fours? That's really annoying to read with a screen reader.
during my exploration of meshtastic it jogged my memory about Helium IoT and mobile. My area doesn't have any super nearby, so maybe it might be worth deploying one if nothing else than for the shits and giggles.
Lack of privacy and high fees, unless you want to go with custodians, in which case, that's not the point of Bitcoin.
You're naturally going to get that to occur faster with small items such as paper towels, toilet paper, just everyday tiny items like that before you get cars and homes that manage to achieve that level.
I may or may not be interested in using your domain registration because I may or may not already have a domain that I may or may not want to transfer.
As crazy as it sounds, I bet sheep would be a harder money than the fiat currencies, primarily because while you can make more sheep, it takes time to make them, it takes resources to make them, etc. where these dollars can just be created at a keystroke on a computer somewhere. Sheep would at least solve the money quantity problem, but fungibility would definitely be of concern. So sheep would not actually be a good money in that sense.
That was quite an interesting read, and it seems like it is extremely easy to accidentally fuck up your privacy with lightning. If you didn't fuck it up at layer one to begin with, by ending up with KYC, Sats. When you open the channel to begin with.
In Monero the sender is protected with the ring signatures and soon to be full-chain membership proofs and the receiver does not have to be online to receive the payment because they can just scan the blockchain when they come online for anything that they can control and they do not need a third party like an LSP that could easily doxx them. Since there is no routing involved, you do not have to worry about this liquidity probing like they talked about.
OMFG! I am going to give you the benefit of the doubt, and assume you forgot the "/s". Because otherwise, I just have no words.
Once there becomes enough sellers, selling a particular item though, for Monero directly, they wouldn't need to use USD as the unit of account because they could just compare their item with similar items being offered by other people to know what they should price their item at. In that case, they would have nothing to do with the USD price. Once you get enough of those items being priced in Monero, people will stop looking at the USD price because they will be able to see that an expensive car costs this many Monero while a cheap car costs this much less Monero, etc. And the USD price won't be a factor.
I didnt hear much about that but i think that was debunked. To the best of my knowledge the answer is no. Often what happens in these cases is the people who get busted fuck up their opsec in a different way other than Monero that ends up giving them away and they only used Monero as a medium of exchange.
everything has to be compared. i could sell a car for 1XMR but it would not be a good deal. if i were the only car seller i would be forced to use usd to set the price. The second person may be able to find their car sales price compared to mine if they are close but otherwise they would need to use usd to figure it out too. The 3rd car seller may have better luck not using usd because they have multiple cars with which to compare.
True, but unlike gold bars, which citizens could hide under their mattress in the 1930s, after the government attempted to force people to turn it in, Bitcoin is perfectly traceable by anybody with an internet connection. And so, therefore, makes a very bad store of value because the government will know that you have it. You can of course claim otherwise, but the second you make a transaction after that lie you are fucked.
People talk about Monero underperforming against Bitcoin. My question to you is how many exchanges has Bitcoin been delisted from in the past four years? Because Monero has been delisted from 12 of them and has an IRS bounty to attempt to crack it, yet overall it has been extremely stable.
I am pricing my items in Monero and using it as a unit of account. And I think other Monero people are doing the same thing. We don't really care about the fiat price of the item. We care about the price in Monero. By taking the moving average, especially, you find that Monero prices of items are actually very slowly deflating over time. As an example, it is looking very much like I will have to lower all the prices in my store by 1% from when I calculated it in August. When I reset it on December 1st,
Lightning is quite difficult to use in a non-custodial manner. Transactions can be forced back on chain at any time and e-cash is totally custodial from what I understand. Therefore, they are not good options.