9 upvotes, 1 direct replies (showing 1)
View submission: Monthly Optimists Discussion - February 2025
Monero's growth thesis does not rely on speculation or hodling it, only to sell it for fiat later, like Bitcoin does.
Monero is used as digital cash **today**, by tens of thousands of users. Mostly on darknet markets still, but that just shows it works as digital cash. Private.
Monero endgame is everyone using it as reserve currency, and never touching fiat ever again. Monero's technology allows this. Monero's incentives are long term. Bitcoin does not have any of this figured out yet.
Comment by East-Day-7888 at 01/02/2025 at 15:18 UTC
-4 upvotes, 1 direct replies
Sounds sustainable
with wallets being sudoanonymous and the irs starting to catch up in AI tech to be able track wallets. I am sure people are going to want to create taxable events every time they transact or risk prison.
What's more, wallets could risk confiscation entirely, just from being associated with those defi on/off ramps
It sounds like using Monroe is setting yourself up for failure. As the remainder of chains are immutable and records last forever.
It sounds like a perfect way, to create a flawless and legally binding case against yourself. Committing crime via a public notary.