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No matter how much you hate cryptocurrencies, I don't know how you can't think about CBDC and realise there is a need for Monero. Cash can be even more restrict
by ajkdhcb2 5y ago
No matter how much you hate cryptocurrencies, I don't know how you can't think about CBDC and realise there is a need for Monero. Cash can be even more restricted and phased out, so people will need anonymous digital transactions. It is incredible that so few people see this
- tootahe45 5y agoMonero can't be used effectively because you have to trade out of it as soon as you receive it, due to volatility. If the monero guys kicked out the idiot gamblers in their community and switched it to a stable-coin it would be the killer crypto . The question is how you peg something to the USD without a centralized party that can lock your funds.
- ajkdhcb2 5y ago>The question is how you peg something to the USD without a centralized party that can lock your funds. It is impossible, it has nothing to do with "gamblers". Speculators are actually what keeps the price more stable by providing liquidity