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54941694 No.54941694 [Reply] [Original]

Need a bit help
Is there any benefit keeping your money in monero wallets? If you have bitcoin shops and kiosks near you aren't I'm going to loose my money by converting my moneros into bitcoins to buy real stuff like food etc?

>> No.54941879

It's less volatile and keeps your balance private, but depending on how you convert you might pay the btc transaction fee multiple times.

>> No.54941910

no, because monero gives you only rudimentary privacy when you spend, and only has strong privacy for transaction values, not destinations.

keep your wealth that you care about outside of crypto, or in bitcoin, or in ethereumn and only keep a small percentage, maybe a month of your spending in whatever you regularly spend with, monero, mobile wallets, privacy wallets.

>> No.54942284

>>54941910
>says problem with monero is that transactions are not private
>provides absolutely no proof
>as a solution, proposes to use btc which has zero privacy for both sender and receiver as well as for amounts
>proceed to get a quantity out of his ass 'month of your spending' and gives no explanation on why to do this.
You are the worst kind of retard. You not only dont realize you are one but also you think you are smart.

>> No.54942452

>>54942284
maybe try learning english properly.

>> No.54943056

>>54942452
Are you enjoying your $40 tx fees?

>> No.54943582
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54943582

Reminder that Bitcoin's exorbitant price is not the result of organic real-world supply & demand but is instead the result of 10+ years of orchestrated wash trading by a cabal of schemers who are counting on you to believe the hype and FOMO in every time they initiate a pump.

Reminder that this same kind of market manipulation is how utterly useless dog memes are also able to inexplicably attain multi-billion dollar market caps.

Reminder that price action in a market this spectacularly fraudulent is therefore not truly representative of an asset's actual value and is an inherently meaningless metric.

Reminder that such fraudulent trading is not consistent with long-term growth and stability.

Reminder that Bitcoin is now rapidly losing real-world economic relevance to Monero as *reliable* privacy and *full* fungibility become evermore necessary for truly permissionless crypto transacting. https://moneroinfodump.neocities.org/#MoneroReplacingBitcoin

Reminder that maxipads are delusional bagholders who actually believe Bitcoin can continue losing real-world economic relevance without it negatively impacting the price.

Reminder that those same maxipads will attempt to distract you from Bitcoin's downward spiral with constant appeals to historical price action that, as seen, is inherently meaningless.

Reminder that HOLDING FOR FUTURE PROFIT ≠ ADOPTION.

Reminder that HOLDING FOR FUTURE PROFIT = SPECULATION.

Reminder that actual ADOPTION = sustained & growing utilization by non-speculators as a medium of exchange in a real-world economy for the purchase/sale of goods & services.

Reminder that Monero is the only cryptocurrency that has consistently growing demand from non-speculators due to it becoming the exclusive medium of exchange for cyber-related black market commerce.

Reminder that this growing demand makes Monero the only cryptocurrency with a guaranteed floor since commercial users will continue buying it no matter the price or market conditions.

>> No.54945316
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54945316

>>54943582
based