[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 5 KB, 200x200, xmr.png [View same] [iqdb] [saucenao] [google]
11063537 No.11063537 [Reply] [Original]

How can Monero be effectively used as a method of exchange (its stated purpose, by creators AND holders) when its speculated value is expected to be volatile and increase? In other words, why would I buy a pizza today with Monero if within a year it's possible that same amount of Monero could be $1000?

It seems like speculation is the very thing keeping it from fulfilling its intended purpose as a currency. I guess this would be ok if it embraced the store of value meme like bitcoin, but it hasn't.

>> No.11063558
File: 60 KB, 806x1100, 1530580946869.jpg [View same] [iqdb] [saucenao] [google]
11063558

holy fuck you're dumb

>> No.11063571

>>11063558
>calls others dumb
>can't answer the question
tell me what you think then if you are so smart and all knowing?

>> No.11063584

>>11063571
because this is past levels of autistic fud, this is the same fud that bitcoin had back in the day, if you're still spewing this basic bitch fud you are never gonna make it.

>> No.11063728

>>11063537
>>11063571
stupid dero faggot get the hell off our board so sick of you fags hating on monero

>> No.11064670

>>11063537
>How can Monero be effectively used as a method of exchange
it can't 1 monero transaction uses 60x more data than 1 bitcoin transaction
with no blocksize limit you'll be fucked like all the other shitcoin designs

>> No.11064711

monero is a stopgap until we have layered models for bitcoin like ethereum is planning. that's all.

>> No.11064747
File: 88 KB, 1236x666, Screen Shot 2018-09-13 at 2.25.46 PM.png [View same] [iqdb] [saucenao] [google]
11064747

>>11063537
https://www.youtube.com/watch?v=BFin9vPybK0

>> No.11064765

>>11063584
>the same fud that bitcoin had back in the day

Which proved to be fair criticism. The fact that it's been said a long time does not discredit it. A decade after launch it's more clear than ever that btc's only use is as a speculative investment vehicle or a way to move ill-gotten funds.

>> No.11064811
File: 9 KB, 225x225, AAAS.jpg [View same] [iqdb] [saucenao] [google]
11064811

>>11063537
No true Monero holder wants to use Monero on a daily basis. The value of Monero is holding wealth in untraceable, impossible to confiscate non physical form.

Also, buying illegal shit on the darknet- which was the entire reason bitcoin took off in the first place.

>> No.11064859

>>11063537
>He still thinks it's Monero that's unstable

I bet he doesn't even realize that the purchasing power of his fiat and the value of everything his owns has decreased 1000x while Monero has remained rock solid for four and a half years running.

>> No.11065427

>>11063537
holy shit youre a nigger