/biz/ - Business & Finance

>>28332832
>Why XMR and not something like ETH?
ETH has reached its relative zenith the past weeks and the preparation for the succession war with Polkadot, Cardano, and others is in full swing. Sure, one could hedge in all the potential successor coins (this is why all of them are all up) but that would still leave those who won't make it slowly bleeding out.

Also, many of these new coins that reduce their supply by staking and locking their tokens up in various ways are doing so on borrowed time. In the short term that works very well particularly with new money flowing in. Plebs think they get free infinite lunch but in the long term they will see that it's just hidden inflation and will weigh heavy on price. Most new Defi stuff is good and innovative, but in the end, it's smart contracts on a chain and their governance tokens are unlikely to extract any big economic rents because of the brutal competition with other Defi projects.

Monero has none of these lock-up effects and the full supply circulating. This is why it might lack some of the dynamism but in the long run that will make it fare much better.

The economics of a bull market can mask many of the shortcomings that some projects have. What matters most in this special circumstance is access to attention and meming of the crowds' to create positive self-replicating price feedback loops.

>>25088782
Do you hear the people sing?

>>24843499
Yes.
Just make an address that only you have the seed for.

>>23072169
Silver and XMR are more related than one would think. Both have a dominating big daddy (Gold and BTC), yet both also have special use cases in the real world while their big daddy is mostly dominated by speculative investments.