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ID: ZVwTt4GO/biz/60548824#60601500
7/10/2025, 12:14:45 AM
>>60601157
>i'm not trying to be an asshole, but i don't know many people who adventure themselves in grey markets.
Heard of darknet (black) markets? Virtually all the customers shopping there are regular everyday normies. Been that way since day 1.
>in united states and most of europe i have a hard time imagining legitimate businesses (small or not) accepting monero on an environment where it is considered illegal and may risk jail time or paying massive fines.
Legit (white) commerce is by definition not agorist. Counter-economic (black/grey) commerce necessarily involves a degree of secrecy.
So no, established white market business are not in a position to accept XMR payments if the State disapproves. But black/grey market business conducted under a veil of secrecy (in person or over the darknet) is not subject to this kind of oversight.
>for normies to take a keener interest in p2p grey markets they would need to be willing to run the risk of not having warranty (grey market means no invoice), of not having a refund option available, and the small business would need to be willing to be fined or jailed in case of an audit.
Yeah, that's the trade-off: lower price, fewer perks. No warranties, no refunds yet the Asian consumer electronics grey market still thrives. No warranties, no refunds yet the darknet black market economy still thrives and keeps growing. Personally, I've never had any issue with my smart devices that required invoking the warranty so buying one on the grey market isn't something I'd be super wary of.
>but that's very very far from broader adoption. otherwise we're condemning monero to only work in grey markets forever.
lol you have any idea just how massive the global shadow economy is? Trillions with a T. And all of it underground and permissionless.
There is no such thing as permissionless white markets so we have no interest in them. Wherever the State dictates how you can spend your money, you're not truly free.
>i'm not trying to be an asshole, but i don't know many people who adventure themselves in grey markets.
Heard of darknet (black) markets? Virtually all the customers shopping there are regular everyday normies. Been that way since day 1.
>in united states and most of europe i have a hard time imagining legitimate businesses (small or not) accepting monero on an environment where it is considered illegal and may risk jail time or paying massive fines.
Legit (white) commerce is by definition not agorist. Counter-economic (black/grey) commerce necessarily involves a degree of secrecy.
So no, established white market business are not in a position to accept XMR payments if the State disapproves. But black/grey market business conducted under a veil of secrecy (in person or over the darknet) is not subject to this kind of oversight.
>for normies to take a keener interest in p2p grey markets they would need to be willing to run the risk of not having warranty (grey market means no invoice), of not having a refund option available, and the small business would need to be willing to be fined or jailed in case of an audit.
Yeah, that's the trade-off: lower price, fewer perks. No warranties, no refunds yet the Asian consumer electronics grey market still thrives. No warranties, no refunds yet the darknet black market economy still thrives and keeps growing. Personally, I've never had any issue with my smart devices that required invoking the warranty so buying one on the grey market isn't something I'd be super wary of.
>but that's very very far from broader adoption. otherwise we're condemning monero to only work in grey markets forever.
lol you have any idea just how massive the global shadow economy is? Trillions with a T. And all of it underground and permissionless.
There is no such thing as permissionless white markets so we have no interest in them. Wherever the State dictates how you can spend your money, you're not truly free.
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