shit? nothing. People like to bet on everything
Welcome to the market
Nah bruh Betting is haram
Bitcoin has no real world utility either 🤣 crypto is all same.
nah brother you sadly don't understand much about crypto world😂 you should probably spend a bit more time reading before putting your money in crypto
Now let's hear the dumbest thing you can come up with.
I'm not there to educate you for free and no one paid me a tutoring fee😂 But I love helping others so will give you an hint. The value of bitcoin is in the ledger technology itself, the amount of effort needed to tamper with it. I often see people crying that they can't buy a coffee with bitcoin because muh fees😂😂 They are asking to take a bit of limited space in the most secure distributed ledger in the world for their 1$ tx and cry that it's too fucking expensive. People didn't understand shit yet, maybe soon
Btw about buying coffee and shit Is there real day-to-day expenses that could be paid with Monero?
And what has value? The endless emission of dollars? The value of Monero in the community! In people! In the faith of these people. Thank you friends for being with us! Together, we have almost returned to the previous values! Go ahead Monero! Show all the haters that they were damn wrong!
if you find someone who wants xmr for their service... xmr fees are quite inexpensive (different tradeoffs compared to btc) sure you can
But is there well known day-to-day services that use XMR
I don't think so
Mullvad VPN I pay for it with my xmr for me it's essential (for like an intranet)
Physical asset like gold. Fiat is almost digital now 🤣 they can print no-limit
That's fair But that's like the only one I can think of Idk what's the reason to invest in a currency that can't really be used outside the dark web and software for privacy
Gold? Probably in bullion? Show me this gold in the amount of dollars in the world right now.
Also most of my xmr is earned so it's basically a free VPN service tbh
Damn that's cool What do you do?
mmmmm it's just adoption, the more people use it the more people will start accepting it. it's just really spread in the dark web because those people need a way to transfer value and monero is actually the only thing suited for them, while to buy a coffee under your house you have cash, credit cards, apple pay, cashapp and endless other services so obviously it won't spread so fast
All fiat money is secured by people's trust. People's trust will be lost - this money will become dust. Do you think bitcoin can become worthless? That's not why global funds bought it up, and believe me, financiers work there at a level that you never even dreamed of
That's true but at the same time It's money There is this language called esperanto It's a constructed "international" language Would you learn it? The guys that are super into esperanto work of the same principle "we need to wait for wide spread adoption" Why use a financial system that isn't used much
Blackrock and Vangard are so pedantic that they buy coins from miners. They don't need coins with a risk level. Trust me, these guys know what they're paying their money for.
😂😂 it's not the same thing, first of all I don't care if everyone will use the system or not. Whoever sees it fit for their needs will come, others will stay on alternatives. Why do you think crypto should take over any other financial system?
Not trying to shit on Monero I think it's really fucking cool But investing into it feels very unpractical
Exactly I don't dream like you. Be realistic😉 keep up with your dream.
My point is why use a currency no service uses? Of course some do but they are very niche
as said, whoever sees it fit for their needs will use it. You use it because of lack of alternatives suiting your needs
Monero is more of a secure payment method its not a currency for now
you use monero because you want clean your source of money
I dont think laundering/washing money is REALLY using it as a currency More like an intermediary for currency I think the less people will have the mindset of "I use XMR purely for cleaning money" the more services and adoption will happen
Yes but this is part of laundering money
There is an element to it But purely using it for that and not as a currency just destroys the point of a currency
u can pay any service that accept crypto because its not that hard to swap monero to whatever do you want you just need to use monero to earn money from others like getting your paycheck from freelancing this is what make it hard be cause its hard to convince other to pay you with monero
That's true But exchanges do compromise a lot of the anonymity that goes into XMR
but they cant tax your entire wallet this is the difference
I mean it doesn’t destroy the point because people have a use case, laundering money and paying for stuff anonymously. Most people still use BTC but some are def already using monero so it’s a valid currency in some parts of the internet
Yeah ig so But fundamentally Currency is there for trade
Just fill my exit at 169$ love you monero dudes.
But people do acc use it for trade on the internet. I just paid something using XMR this weekend like 2 days before it crashed hahaha
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