Someone call my doctor, because this erection is lasting longer than 4 hours
@dave
Xmr mining isn't stopping though because they mine on other people's computers
Xmr mining isn't stopping though because they mine on other people's computers
@PhenomX6 @dave This is the perfect timing to buy more Monero.
Most people make the mistake to buy during the bull market, and sell during the bear market.
If your purpose is to make more fiat, you'll need to do the opposite of that.
If your purpose is to prepare for the future of finance, best is still to buy while cheap, and otherwise mine so you're ready to use once everyone stops accepting fiat, and starts accepting crypto instead.
Forget about CBDCs, they're already doomed to become a failure.
Governments will probably push it as hard as they can, and maybe people will actually use it at the beginning, but as soon as they realize the fundamental design problems with CBDCs (like how they're basically government vouchers, not money), nobody will give a fuck about CBDCs.
Most people make the mistake to buy during the bull market, and sell during the bear market.
If your purpose is to make more fiat, you'll need to do the opposite of that.
If your purpose is to prepare for the future of finance, best is still to buy while cheap, and otherwise mine so you're ready to use once everyone stops accepting fiat, and starts accepting crypto instead.
Forget about CBDCs, they're already doomed to become a failure.
Governments will probably push it as hard as they can, and maybe people will actually use it at the beginning, but as soon as they realize the fundamental design problems with CBDCs (like how they're basically government vouchers, not money), nobody will give a fuck about CBDCs.
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@ryo @PhenomX6 @dave
>once everyone stops accepting fiat, and starts accepting crypto instead.
I don't think everyone is going to accept crypto. I think ideally, crypto should be used for online/digital purchases while precious metals or just simple bartering could be used for in-person trading. Remember that anything can be used as a currency.
> Remember that anything can be used as a currency.
yup.
Though I think most of the younger people would be using crypto simply because it's way more accessible than metals (easier to get, easier to carry around), and bartering is just a very unknown concept to most of them.
And the younger people are the ones deciding how the world will be like over the next few generations in the end, like how the boomers have been deciding over the world from WWII until now.