/biz/ - Business & Finance

>>57240377
stop being brown, it's repulsive

>>51479262
>if it can be banned and all my funds rendered useless
There is no practical method to ban it that would be enforceable. The networks functionality would continue to work regardless of whatever laws get passed, both because it's hard to enforce locally and because Monero is a global network with a well distributed node and mining network across the globe.

If by
>rendered useless
you just mean actions that could drop the price a lot then yes that perfectly well exists. Centralized exchange delistings tend to drop the price as it scares the speculators away.

I personally think Monero has great potential upside but if you don't genuinely believe in the coin as a moral proposition regardless of price action, a pure speculator type might not want to stomach the roller coaster and potential downsides of regulatory pressure affecting price. From a risk-perspective it would be a lot less stressful to buy ETH or BTC which trade like the S&P 500 with leverage, but have very little regulatory risk as they're captured entities.

Considering they have almost the same supply, Monero should be viewed like investing into Bitcoin in 2013 when it was viewed as scary internet drug dealer money that was just going to get banned. That isn't an implication or hint that it's going to copy BTC's price action either, I'm saying if that as if you had to genuinely weigh that decision without the benefit of hindsight like you would have now. None of us have a crystal ball.