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ID: FqnCU+xy/biz/60659729#60670957
7/22/2025, 2:50:50 AM
>>60670356
>Having a private digital money is valuable even if it can't be directly exchanged for goods, in the same way gold is valuable even if the farmers market doesn't accept it
Gold is a socially entrenched asset with a history dating back 5000+ years. Gold can be easily liquidated into cash because it is universally recognized as valuable, not to mention buying/selling gold is perfectly legal. You will still be able to find a willing buyer for your gold even if investor confidence completely evaporates due to never-ending demand from the jewelry and electronics sectors
What are you supposed to do with your private digital money if you can't readily exchange it for goods/ services or legal tender fiat? What good is $1, $2, $5, $10 million in XMR if there's nowhere to spend it, no practical way of converting it to cash or a bank account balance?
Moonfags are delusional, they haven't actually thought any this through, looked at things from the perspective of an average normie who always instinctively defaults to the simplest, most convenient option. Shit, average normies are so fucking lazy and inept they show up on Dread asking about BTC spending options because PGP and XMR apparently require too much effort
>>60670629
>As long as there are atomic swaps/non-kyc swap services and the ability to easily off ramp a different crypto into fiat, its not a problem
Those are fine for smaller spending amounts. Ain't no average normie going to risk their life savings with that shit, especially when established and regulated tradfi alternatives exist
Hard truth: outside of spending in the counter-economy, normies simply don't need your coins, they already got their fintech bases covered. Which is why moonfags are always in Nigerian Prince mode, always trying so hard to convince total strangers that this is their once in a lifetime opportunity at achieving le generational wealth.
TL;DR: moonfagging is a losing proposition, the counter-economy is where we prosper.
>Having a private digital money is valuable even if it can't be directly exchanged for goods, in the same way gold is valuable even if the farmers market doesn't accept it
Gold is a socially entrenched asset with a history dating back 5000+ years. Gold can be easily liquidated into cash because it is universally recognized as valuable, not to mention buying/selling gold is perfectly legal. You will still be able to find a willing buyer for your gold even if investor confidence completely evaporates due to never-ending demand from the jewelry and electronics sectors
What are you supposed to do with your private digital money if you can't readily exchange it for goods/ services or legal tender fiat? What good is $1, $2, $5, $10 million in XMR if there's nowhere to spend it, no practical way of converting it to cash or a bank account balance?
Moonfags are delusional, they haven't actually thought any this through, looked at things from the perspective of an average normie who always instinctively defaults to the simplest, most convenient option. Shit, average normies are so fucking lazy and inept they show up on Dread asking about BTC spending options because PGP and XMR apparently require too much effort
>>60670629
>As long as there are atomic swaps/non-kyc swap services and the ability to easily off ramp a different crypto into fiat, its not a problem
Those are fine for smaller spending amounts. Ain't no average normie going to risk their life savings with that shit, especially when established and regulated tradfi alternatives exist
Hard truth: outside of spending in the counter-economy, normies simply don't need your coins, they already got their fintech bases covered. Which is why moonfags are always in Nigerian Prince mode, always trying so hard to convince total strangers that this is their once in a lifetime opportunity at achieving le generational wealth.
TL;DR: moonfagging is a losing proposition, the counter-economy is where we prosper.
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