/biz/ - Business & Finance

>>29059597
>>29060059
>>29060361
MyMonero is an actual web light-wallet that has been developed with the help of the community and core developers. It's managed by community-approved members and it's not a scam. It's was considered mainly a web wallet though, so that comes with a series of risks (like using the seed as login). MyMonero has been target for many years now of malicious entities phishing, buying weird domains like mymōnero.com and scamming people out of their moneroj.
If >>29060059 downloaded the actual wallet from the correct website, he's most probably safe.

>>14731601
>Let’s face it, no one will ever and I mean ever use cryptocurrencies for its general purpose of spending it on goods and services. Why would they when they can use stablecoins. No one wants to purchase something that is work 100 dollars now but in the future it’s now 1500.

i used to think this same thing, but think of it this way: lets just imagine a world where fiat is gone people will still need to buy food, houses and other things.
My grandfather used to tell me he remembered when gas was 10 cents a gallon, since cryptos go up in price (at least for now) it will be the same thing but only in reverse

eventually I belive that enough people will be using cryptos that their prices will be fairly stable (may take decades)