spacestr

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1984
Member since: 2025-01-23
1984
1984 16h

There have been reasonable voices, arguing for an increase. But, it will naturally not happen by the simple logic, that there would have to be broad consensus between the holders of xmr to devalue their own possessions. So, no matter how good an argument that would be put forth for finding "the perfect" (mathematicaly) tail emission. This would be a very difficult job, that would have a "cost" for the involved.

1984
1984 18h

The idea that the monero community should not HODL or use Monero as a store of value. I really have a hard time understanding. 1. The whole idea of deflation seems very constructed (by the FED's who have vested interest in printing money). Yes, if there is rampant deflation you may delay your unnecessary expenditures till later. 2. If xmr = USD 400 or USD 4000 really don't mean anything in relation to spending or affecting the underlying FIAT value of a produce. 3. I would much rather have the community and individuals to HODL up a high price, for nefarious actors or hostile market manipulators to take over. They will create volatility, pumps and dumps so the price setting your goods will be more problematic, not individuals with noncustodial wallets. 3. It hasn't become easier over time to obtain monero. I don't see that on-ramping in five years would make you look less suspicious than today. When enrolling normie's and newcomers, YOU may be their only realistic option to on-ramp with a cash payment. 4. I would rather have an excess of xmr and be able to help out friends of family that may be in need one day (It could be leaving the country or buying meds the doctor will not proscribe them, or just purchases or donations that could hurt them in their public or private affairs). 5. You get your salary in FIAT and they sit in a savings account inflating wildly. Isn't the goal of xmr not to be "digital cash"? #xmr #monero

#xmr #monero
1984
1984 1d

"I am gonna create a new kind of food stamp you can use here on X, you can buy them of me for your FIAT!" Had he said he would integrate Dogecoin, as an independent crypto project into X. It would have had a small grain of legitimacy behind it.

1984
1984 1d

I don't want to spend too much time padding shoulders with someone I agree with. I don't want to spend too much time arguing with someone, who argues from their feelings and not their head. Someone that deny evidence, reasoning or logic for the basis of an argument. I want to spend time to evolve.

1984
1984 7d

And when you mention your "inviolable right to privacy" protected by any western constitution. People look at you like you said something criminal and pretend they didn't hear what you just said.

1984
1984 1d

It has always shocked me how much people object to other peoples freedom and independance. How much they judge, how many opinions they have about other people's hair style, lifestyle choices, habits or customs. The peasants are easily manipulated and diverted away from the root causes of their troubles, to focus on the symptoms they causing instead. As a sewer pump constantly pumping shit into their flat, they are sweeping the floors day and night and preying it will somehow magically stop one day. (If they prey hard enough)

1984
1984 2d

So, a family of four practically owe the "government" $400,000. That's hard work, but it will probably double within 5 years.

1984
1984 3d

Deflation/capped supply is not by itself a value proposition. My daughters children's drawings before she turned 10 has a capped supply. The world has seen billions of artists and craftsmen through out history. Their capped supply can in very, very rare occasion work as a limitation relatively to demand that will drive up price. The demand part needs to build on something other than a supply alone. Otherwise the only features it has is attracting and enrolling new participants. The clear definition of a ponzi scheme.

1984
1984 3d

Session is pretty okay.

1984
1984 4d

In some countries apartments, or specific residential apartments are not taxed. But, it's beside the point. You can live well in an apartment for $2000/mnt. in most countries on this earth. Even in a western country it should not be a problem to find an apartment for $500/mnt. You will never be able to avoid taxes, even if you only deal in cash or monero. Taxes will indirectly be included in some of your purchases. You can only optimize.

1984
1984 5d

Most things do have taxes added in one form or another.

1984
1984 5d

You can have a home. But, if you want a mansion taxes will follow. That's just how the works today.

1984
1984 5d

If you have $2,000/mnt you can basically live a life most people can only dream about. Traveling practically 80% of the world and have plenty. To get $2,000/mnt I will assume that a 10% ROI is the absolute minimum on basically all investments today (even p2p lending, company bonds, real estate rent etc. almost all reach that level today). So, here we expect that the real ROI is between 12-16% and there fore still allows for grows of 2-6% PA. So, you need an invested saving of 12x2000 (USD 24000 a year) x10 to get this interest. So, USD 240,000. Yes, it's still a lot of money! But, let's say you have USD 100,000 today and you get 16% interest. How many years will it take you to reach 240,000? It will take 5yr and 6 month. This is hardly enough time to plan out your life in freedom. You may also consider how to reduce or eliminate taxation of your saving/investment from day one.

1984
1984 6d

I guess, the whole price prediction thing. 😊 Not, that I think you were wrong in your first estimates (Personally I would not have been surprised if BTC hit 46k and I still thinks it will within12 month). The big question is xmr and where it will be in 12 month. Monero is not just Wall Street market making, but the dark web and coming DEX's that needs to go in to that equation and possible broadened adoption in general.

1984
1984 6d

You must be very wealthy.

1984
1984 7d

Monero will go right back up again. The liquidity on the CEX's is just very small compared to all other coins. So, there is not much to consume this sell off in particular when you consider that most of the "real" buyers are not using the CEX's and these are still the ones setting the "official" price. The need for xmr is only increasing. So, the second this speculative wave of sell orders has slowly been consumed by real monero bro's, price will settle on a normal level again and monero will have changed hands from the wrongs to the rights.

1984
1984 8d

If you really believe in a product, person or company. To the extent that you feel that you have done all your research and sketched up all outcomes and competitive advantages. You will see a price reduction as god sent gift. Like when your favorite sausage is on sale for half price, you buy two. That's how I feel about Monero right now. #xmr

#xmr

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