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From the outside, as nonuser, I cannot understand how this currency price surge helps the currency as a medium of exchange. Wouldn't this signal everyone to hol

• blueprint 9y ago
  It can also signal that you have enough money to buy what you wanted to buy in the first place... while encouraging saving. Maybe not super bad. You're right that if its function is as a currency then it should be used but it's hard to make that case for Bitcoin. For Monero, it's very clear: Monero's anonymity is strongest when it is actually used – when there are more transaction outputs from which to choose, and so usage of it is to be encouraged – especially when the alternative is the influx of hordes of speculators who merely hold or trade and don't contribute to the technology nor community in any way. Well, except perhaps in providing comedy material…