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Monero 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 gambl
by tootahe45 5y ago
Monero 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