Bro, you literally lied about what I said. Talk about dishonest.
I said first in Bitcoin terms, then I said if talking about USD. Either way, Monero is losing value over time. That is a fact.
He was talking about storing wealth and value. It has to be measured in something. I could be gold, silver, fiat, housing, whatever...
But currently, in our modern society everything in the world is essentially priced in dollars. Of course I am talking about preserving purchasing power. That's literally what wealth is. They is the definition.
A house can be priced in Bitcoin, but alas, it isn't currently globally. In the US it is priced in dollars. I pay taxes in dollars, I pay my 52 employees in dollars. I save in Bitcoin to preserve my purchasing power.
I realize Monero people are mostly idea logically driven 25 year olds who think that government won't exist and people with use their privacy money, but come on, this whole thread is just filled with nonsense.
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.
It's simple. Other than perhaps OTC, which is KYC anyways, there is no possible way to safely purchase the amount of Bitcoin required via p2p only for many people.
Say you need to purchase $500k worth of Bitcoin. Or Monero for that manner. Go ahead and get that P2P. Bisq? lol, sure. You could get MAYBE 50k and get raped on the spreads. maybe. more like 5-10k tops in reality these days. Then you have trust and security issues with bisq. Virtually no dex can handle that in any way.
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...
Oh please, get the fuck out of here.
wealth is defined as:
"an abundance of valuable possessions or money."
Not some privacy shit or whatever you are talking about.
He is wealthy and can do whatever he wishes and has a new gorgeous girl to have fun with.
I didn't say that though, did I? why did you make that up?
commodity prices are energy are money depending on which, and have been over the course of human history. I have no idea what you are talking about.
Bitcoin and others priced in dollars is currently the only key metric for wealth in the financial sense that we can use in a dollar priced world.
Wealth and privacy aren't related so I'm not sure what that means. I can have family, own a castle, a business, whatever I want. I can be completely public about they, like Bezos and his new yacht. He is wealthy. There is no question. He has virtually no privacy.
Monero doesn't store value, the markets decide value. They do not currently, and will not in the future value monero. Nobody cares. Sorry, just a fact of life.
If your purchasing power gets eroded, you have absolutely no value.
You can privately transact in conknshrlls too, it isn't a store of value and wealth.
But I honestly don't care. If you want to have your wealth slowly eaten away and your future purchasing power gone, that's your choice.
Peace out.
The stats don’t agree. But go try it, see what you get.
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.
Wow, what a risky move. There is literally no price action, no support or ceilings. That's literally just a degen guessing.
wow! amazing. now that is a zap!
https://cdn.nostrcheck.me/4407d35f0110b83b5435a4a96366799a00b5a71c712e4d74811c63f41b8703d5
I'm thrilled to celebrate nostr:nprofile1qqsqgq7gdgdmfnauxny2fylm68cdzkx59hgx6ql25deq3q4qvmf6x7qpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7qgnwaehxw309amk7apww468smewdahx2tcppemhxue69uhkummn9ekx7mp0ne3y69 12,000 followers in less than a year! This incredible achievement is a clear indication of the growing interest and engagement within the #Nostr community. Kudos to everyone involved, and here's to many more milestones to come!
amazing. I love the betting updates.
so... in theory, how does one get one of those said 1k sat zaps?
asking for a friend.
🤣🤣🤣
I don't like that Bitcoin is listed in a tab called fiat currencies. 🤣
and just think, all those wtf folks missed it, have to wait until tomorrow AM to get in. and then not even in, but still...
yeah, lol.. I made a bull and bear one and posted it. conquering though, not mounting.