3 Ways to Cope with XMR Losses (monero.town)

submitted 9 months ago by bluedoves@monero.town to c/monero@monero.town

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Monero is already starting to bounce. But if you’re still licking your wounds, definitely check this out before you trade, https://simplifiedprivacy.com/loss/

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[-] mariob@liberdon.com 3 points 9 months ago

@tusker @ezchili

What I can definitely say is that real assets can be stolen/confiscated from you, therefore, it does not have stable value. Monero on the other side can not be subject to these events. Monero might not be perfect but is the best we have at the moment. Satoshi themselves agree with this.

[-] ezchili@iusearchlinux.fyi 1 points 9 months ago* (last edited 9 months ago)

There's no reason to not have decentralized anonymous currencies with inflation built in. But crypto is dominated by a demand for speculative assets, not currencies, if there was one it would get zero mainstream interest

Just use fiat and stocks