Why Nostr? What is Njump?
2025-05-24 14:38:49
in reply to

shortwavesurfer2009 on Nostr: If you own something like Monero and calculate the value of that in Fiat at its ...

If you own something like Monero and calculate the value of that in Fiat at its long-term moving average, then you can come up with a number of Fiat units you can sell and completely maintain the value of your Fiat net worth, but you would lose some Monero each month. An example, the 365-day simple moving average on Monero is like $193 USD. So if you had 10 of them and you spent less than $19 per month, your net worth in fiat terms would not decrease. Your net worth in Monero, however, would decrease.
Author Public Key
npub1ge0tzdqy6useekgu9d9g5l3s3t2wpx7p9xxuprz7ajzjaxl4mgyssejcs3