Parman - Activate OP_GFY now!! on Nostr: If you're going to spend on something that will land you in jail (or are super ...
If you're going to spend on something that will land you in jail (or are super paranoid about total privacy, achievable or not) doesn't mean you have a need to accumulate monero and choose it as your unit of account.
Even if a minory of criminals use it as a hot potato to avoid jail, the value declines long term because nobody needs to HOLD and accumulate it. The dominant store of value free market emerging money will eat everything else despite any perceived advantage in one feature of some alternative.
Published at
2023-08-10 17:27:30Event JSON
{
"id": "b4061893f408d3fc3fbe20daa72dcdaec7c513c089d6462c38cf564f50eea1c1",
"pubkey": "fad6540c8f2fd2a16a25d0d82dd95d3bad7890d435d1690848a0a77d2883a447",
"created_at": 1691688450,
"kind": 1,
"tags": [
[
"e",
"b961dd8d60fc1bb70d1de6cb85a54d140f9d54ccc9a415a69a295dc4ea1d8ab5",
"",
"root"
],
[
"e",
"e29feb380d802a2798c4d8728231135bcc4e584bdf31ea6059d36783fe472074",
"",
"reply"
],
[
"p",
"e2260a7af33b3ba30074111c456793cef58d2ab43c5965bdbb655f90f97399ac"
],
[
"p",
"04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9"
],
[
"p",
"a114ac98769f04e69c6dbbb9a23d1226349c6df5d78ffb3f59362cc26fd0889c"
]
],
"content": "If you're going to spend on something that will land you in jail (or are super paranoid about total privacy, achievable or not) doesn't mean you have a need to accumulate monero and choose it as your unit of account.\n\nEven if a minory of criminals use it as a hot potato to avoid jail, the value declines long term because nobody needs to HOLD and accumulate it. The dominant store of value free market emerging money will eat everything else despite any perceived advantage in one feature of some alternative.",
"sig": "3ee59bd8da739d60afe43029cacc7f0b7063535694d81d2fd39a747f1e268ef020c65e1ad65e2804e39c8f1280ebb2876dd72e6b5a831b6b793bacb4a0a3c0cb"
}