this post was submitted on 23 May 2024
1 points (100.0% liked)

Monero

1662 readers
3 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
[email protected]
1
Community about trading and XMR (monero.town)
submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
 

I've been involved in crypto trading for about 10 years, and I'm looking for a genuine and valuable community (excluding Reddit) where I can discuss trading, crypto, and prices from both a technical and fundamental perspective.

I'm particularly interested in a space where not everyone insists on pricing everything in USD or BTC and where there's a strong interest in more trading pairs with XMR.

Privacy, self-custody, money -> Freedom.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 5 months ago

I look forward to the day when all the people that "invest" in Monero have lost interest and moved on to greener pastures. Most of the folks in this community, at least the vocal ones, are more into expanding it's usage, promoting the build-out of the circular economy and helping spread the word to the "normies" without becoming brain damaged maximalists that can't really explain the value of their coin in coherent terms.

Another thing I look forward to is slowly phasing out any discussion of comparisons to and with Bitcoin. The ship has sailed and Monero WON. The two crypto-currencies now have less in common than they did several years ago due to several factors:

  • The delisting of Monero from Centralized Exchanges worldwide has removed it from the pick list for most CEX's, therefore taken it off the radar for those swapping in and out of various crypto's for profit.
  • The crackdown on any privacy tools associated to Bitcoin makes clear to the public that Bitcoin's authorized uses will be very minimal going forward, and being part of a circular economy in a peer to peer exchange will not be happening with BTC. This coin has been captured by the cabal and therefore, unable to fulfill any of it's original missions as outline in Satoshi's white paper.
  • The capture by the stock markets and Big Banking with the formation of numerous ETF's, based on derivatives which re-hypothicate (i.e. counterfeit) BTC to a point where it more closely resembles an over-valued tech stock than it does a bonafide cryptocurrency. Also, the ETF has affects on the price that DO NOT resemble that of crypto-currencies. It's like trading forex on the commodoties market, apples and oranges.