Patience often rewarded well.
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Patience often rewarded well.
I'm not enough into the dev side. I beleive that podcasts like tries the keep the community informed and still tries to keep the devs pseudomized/anonymous. But, looking at other projects where lead devs has suddenly changed the direction of a project without real opposition. Or skilled and well funded devs suddenly join in and take over a project. Is a lesson to be take seriously. I think that: - No dev should ever be able to rely on their status/authority. Only the case/code they present should have any validity. - Open communication and debate of almost everything. Major decisions taken by the few without check'n balance, is by it self a vulnerability. - Minimize economic bribes or conflict of interest. By ex. dev stakes, futures or options. But, I'm actually relatively unaware of precisely things are setup now. To prevent corruption of devs or code.
Sometimes memes express more truth than journalism would ever do.
You are right I am not a lawyer. Please correct me.
You are legally obliged to self-report, duty, taxes, sales tax/VAT when doing sales in cash or monero. So, buying products in XMR, SHOULD in theory cost the same as a payment with a VISA card minus 5% payment processing and card fees.
Yes. I moved some of my buffer/savings from a FIAT bank account into monero. It will now turn into a store of value and a medium of exchange. As the FIAT account was before. This saving will continue to grow. It will cause some level of deflation (you get more for your xmr over time, which may lead to less rapid spending). But, the big question I continue to ask my self. Will it lead me to spend or buy less (incl. in XMR) than I do now? I tend to fear volatility more than steady appreciation. If the "speculation" is brought about by wide community rather than a few whales, the volatility might be keept from the door steps. Monero has the advantage of being a pretty darn good medium of exchange, in comparison to gold, stocks and other crypto coins. So, it will side by side with FIAT continue to be one of the favored exchange mediums, no matter the underlying price. It's my personal take. But, I agree 100% that a wider adoption is way more healthy and important than speculation by the few.
I have the same gut feeling. If it goes below 50k I actually don't think it will ever recover again.
Either BTC will slowly start to recover or it will fall trough the roof. The next month will tell.
From time to time I'm invited over to people who considers them selves to have "done well". They show off their house, their car and their watch. But, as soon as we hit the dinner table it hits me like a rock. These people have no deep thoughts, they have no practical skills and not least they have no good taste in food or ability to prepare it.
Do you belong to a sect where you can be bribed of with a food stamp that will keep you alive for 10 years but let a 1000 people suffer for the same amount of years? Or are you a real human?
Was that what my phone reboot earlier today?
Do not get too close to the truth They hate the great minds of western culture. From Socrates to Henry Ford they want to destroy it all, completely. Easily manipulated and perverted animals is what they want.
Existence is the goal in and off it self. Not how much you can be pushed to create. In the era of AI, humans will have no justification (right to exist) as they can not produce. That's the logic that follows of your statement.
Truthspeekers will NEVER have as loud a voice as the people who wants to direct you. They will never spend money to provide a truth you will never accept, when the deceiver can sell you a lie you would accept with ease. Do Your Own Research
People who complains about inflation, tax and psyops. Just have to learn to avoid it. #monero #nostr #notice #truth
One thing is to loose your 100% monopoly on storytelling, press and news. Another disaster arises the moment you loose your monopoly on printing food stamps. Your ability to make everyone do anything disappears.
And when she want's enjoy her 1/3.7 of her winnings. She'll have to pay some property tax or sales tax and the the corporate tax of the business where she spend her money and income tax of the employees who serves her and maybe some additional tariffs. If she's lucky that'll be it. But, she better spend it fast or the inflation will take an additional 20% over the next year.
"Is it possible to get my salary set in a fixed amount of gold or silver, boss? I have a hard time getting bye being paid in toilet paper"
True, but at the cost of privacy. It's actually the only reason I don't use Telegram or Signal anymore.
Let's leave the Matrix!