/biz/ - Business & Finance

>>28502781
nobody cares about the store of value aspect of monero, xmr users (not retarded maxis) just want private transactions and they don't want to lose 5-20% of their purchasing power in a matter of hours so they will want to use xUSD not XMR. As >>28503154 said XHV is definitely the private and private defi play this cycle

>>25749553
that's one of the reason why XHV will shine. Owning a private, fully-decentralized stablecoin like xUSD is great and fast/cheap transactions is even better since Haven has its own chain. Don't be a retard and buy XHV

>>24514291
burning that much xhv will take time but it may happen for a few reasons:
-new xAssets are coming and there is no limit on the number of xAssets (who knows, maybe a few dozens in 2022?)
-holding xAssets will be more attractive soon (more exchanges, reward from thorchain liquidity pools, more regulations which make privacy compulsory, maybe loans...)
-the team has hinted at a *definitive* fee burn which may be implemented in Q1 2021
The future is bright anon

>>22623192
>>22624762
pic related

>>22522338
They know XHV is going to get listed on Huobi so they shut the fuck up, as they should. Why would ppl use RSV when they can just buy or mint xUSD, the first private and decentralized stablecoin

>>22326922
Yes the audit requested by [REDACTED] was passed. xUSD is the best private stablecoin because it's the only one lol. More private assets are coming soon (like xGold and xBTC) — market cap is only 13M because twitter retards were busy chasing yield scams and xhv is (currently) only listed on poor exchanges, act accordingly

Do burgers have to pay taxes on crypto/stablecoin trades?

Last few days — maybe last hours — before breakout, grab a cheap bag while you can.

xUSD is the first private and decentralized stablecoin and can be minted by burning XHV: shinny app, working product, market cap under 20M, strong demand for its usecase and more "xAssets" like xGold or xBTC are coming. Haven is like Synthetix on Monero with Ampleforth-like tokenomics, powered by chainlink.

An audit of the code was asked by popular exchanges (probably Huobi or Binance given the usual clients of the audit company) and should be released on the next few days. Market cap is so low because XHV is only listed on shitty exchanges (Bittrex which requires KYC and Tradeogre which has very low liquidity), it's going to explode as soon as it gets listed on a good exchange.

Who will use xUSD:
-ppl who want to do tax fraud since blockchain analysis softwares are becoming more and more popular, crypto will not be the wild west it is today and soon the IRS will look further into defi on ethereum
-ppl seeking fast and low-cost stablecoin transactions, ethereum gas is getting insanely expensive and I’m not holding my breath for eth 2.0
-Whales who don't want to be caught transferring funds from one exchange to another (chain analysis algos give good alphas, believe it or not...)
-criminals, drug cartels don't like using XMR because they don't want to be exposed to its volatility so they need a private stablecoin and xUSD is the only one

xUSD is the first private and decentralized stablecoin and can be minted by burning XHV: shinny app, working product, market cap under 20M, strong demand for its usecase and more "xAssets" like xGold or xBTC are coming. Haven is like Synthetix but on Monero.

An audit of the code was asked by popular exchanges (probably Huobi or Binance given the usual clients of the audit company) and should be released within a few days. Market cap is so low because XHV is only listed on shitty exchanges (Bittrex which requires KYC and Tradeogre which has very low liquidity), it's going to explode as soon as it gets listed on a good exchange.

Who will use xUSD:
-ppl who want to do tax fraud since blockchain analysis softwares are becoming more and more popular, crypto will not be the wild west it is today and soon the IRS will look further into defi on ethereum
-Whales who don't want to be caught transferring funds from one exchange to another (chain analysis algos give good alphas, believe it or not...)
-criminals, drug cartels don't like using XMR because they don't want to be exposed to its volatility so they need a private stablecoin and xUSD is the only one

This is a easy 10x don't wait anon

Working product, market cap under 20M, strong demand for its usecase. xUSD is the first private and decentralized stablecoin and can be minted by burning XHV.

An audit of the code was asked by popular exchanges (probably Huobi or Binance given their usual clients) and should be released within a few days. Market cap is so low because XHV is only listed on shitty exchanges (Bittrex which requires KYC and Tradeogre which has very low liquidity), it's going to explode as soon as it gets listed on a good exchange. This is a easy 10x don't wait anon

Working product, market cap under 20M, strong demand for its usecase. An audit of the code was asked by popular exchanges (probably Huobi or Binance given their usual clients) and should be released within a few days. Market cap is so low because XHV is only listed on shitty exchanges (Bittrex which requires KYC and Tradeogre which has very low liquidity), it's going to explode as soon as it gets listed on a good exchange. This is a easy 10x don't wait anon