/biz/ - Business & Finance

>>57500854
>Sure there's demand for monero on drug markets, but the vast majority of the economy, and the majority of growth, is the white or grey areas.

Yeah, and? The shadow economy is obviously smaller than the mainstream economy but its still pretty sizeable, multi-trillion dollar sizeable.

The key difference is that you can't be banned from the shadow economy. You can be banned from the mainstream economy.

>>55567164
>What level of delusional cope is this? BTC remains an 500+ billion market cap as monero is 5 billion market cap.

The only delusional cope here is you actually believing Bitcoin's price and market cap mean something.

BTC hit 4 and then 5 figures only thanks to demonstrably fraudulent trading that roped in countless unsuspecting fools and that figure currently stands only because a critical mass of bagholders still believe they'll all become millionares someday soon just by holding.

So now its just a question of long it takes for them to realize that their lofty expectations are a mathematical impossibility, at which point the panic selling can commence and the only thing left holding BTC's price up will be the organic, non-speculative demand it is now rapidly losing to Monero.

>Expecting to beat BTC returns is delusional- you already lost.

1. BTC's "returns" are simply new speculators cashing out the old ones, also known as a "ponzi scheme", hardly anybody these days is actually buying BTC because its the only way to acquire certain goods and services.

2. Monero's value is proportional to the amount of demand for it from the digital shadow economy, and that economy i.e. the online black market has an insane amount of growth potential in the years ahead as the selection of available goods & services keeps expanding.

TL;DR: the only thing still keeping BTC at 5 figures is wash trading, NGU narratives and delusional bagholding while the only thing Monero needs to eventually hit AND remain at 5 figures is simply sustained demand from the shadow economy, which btw is immune to State interference and is already valued in the trillions of dollars.

So really it just comes down to Monero continuing to be the best goddamn privacy coin in world, which certainly seems likely for the foreseeable future.

>>55352497

Once you realize that the BTC price is fraudulently manipulated upwards and could literally collapse at any moment since there is no sustainable economic activity propping it up you won't feel safe keeping *any* money in it.

Now, if you're willing to gamble, sure, you can make some juicy profits but then you might as well just play the roulette table at your local casino, it amounts to the same thing.

Meanwhile, I sleep like a baby knowing my XMR is backed by the finest uncut Colombian nose candy on the market and is set to become the exclusive medium of exchange in a growing, regulation-proof online shadow economy that is in totality worth multiple trillions of dollars.

>>54375755
>How would it go?
>What would happen?

The only way this could realistically happen is if ALL economic activity was tunneled through the darknet, no way would the federal government tolerate such blatant circumvention of capital controls on a mass scale.

In a world where CBDCs have been deployed there is NO place for crypto in the mainstream economy, the sooner you accept this the sooner we can get to work expanding the underground shadow economy.

>>54286010
>has monero's adoption already peaked?

lol is this bait?

>What demographics are there left to adopt it that it doesn't already dominate?

The global shadow economy is valued in the TRILLIONS of USD.

>>53974349
>it's the truth your addressable market is tiny.

lol the shadow economy is valued in the TRILLIONS of dollars.


>people just want to smack a plastic card to a pos terminal and go on their way. that's life. for most people life is not a wire episode at least.

Yeah, we know, most people will NEVER use crypto just like most people will NEVER visit the darknet. But those that do will more often than not be engaging in commerce that requires transactional privacy & fungibility.

The future of e-cash in MAINSTREAM markets are CBDCs, not crypto. The future of e-cash in BLACK markets are purpose-built privacy coins, not transparent chains with retrofitted privacy solutions bolted on top.

>>53085585
>1. doesn’t scale to global adoption, will require its own lightning implementation

1. There is no "global adoption" for crypto, dipshit, CBDCs will be given a monopoly by the State and that will be that, most people will never touch BTC, Monero or anything else. The future of censorship resistant crypto is as an underground alternative to Fedcoins, nothing more.

>2.the fact that it is completely private makes it unusable at global scale, as long as gubbamins exist. what are you schizos going to do against armies and police? lol. oh goodie you can buy stolen prepaid cards with xmr. see you in jail. you think businesses won’t make criminal complaints when ppl take off with stolen prepaids?

Monero is optimized for the permissionless shadow economy, not so much the permissoned mainstream economy.

>>53040680
>This isn't an asset to hold.

I don't "hold" it, I use it as an anonymous long-term savings account.

And there will be no institutions or mainstream crypto adoption, that realm ultimately belongs to CBDC Fedcoins.

The multi-trillion dollar global shadow economy was always where Monero was going to shine, and I'm fine with that.

>The people who genuinely care about XMR (not coinbase zoomers) will have to make efforts to 'clean up' the ecosystem, co-operate with law enforcement with regards to drugs, and put on a good corporate face encouraging legitimate commerce. XMR retailers should be publicly known their clientele should be private.

Either based undercover MoneroChad trolling for lulz or legit bootlicking Z-tard. Go back to Zooko.

>>52825028
>institutional investment.

Institutional investment is a meme, Monero isn't ever going to be attractive to mainstream finance, and that's a GOOD thing.

The shadow economy is where its really at.

>>51051707
>with monero bans the issue will be adoption, if the masses dont adopt it,

there will NO mass adoption of crypto, period. CBDC Fedcoins will be granted a monopoly in the mainstream economy so that leaves ONLY the multi-trillion dollar shadow economy, which Monero has already endeared itself to.