#1 coping strategy: double your holdings
Monero
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
I completely agree.
Buy more at the current discount, obviously
Useful currencies are supposed to devalue in time. Crypto not being inflationary stifles its calling and appeals to weirdos like you guys who are all in all just doing virtual collecting of beanie babies.
I don't think you know what features are needed for sound money. You might want to read about austrian economics to get a better understanding of this.
Deflation is good for a currency, you heard it here first folks :)
Someday, people will realize that they were born free.
Even though I'm NOT licking any wounds, the read was worth it for that quote alone. The day when my brothers and sisters around the world wake up to that truth can't come soon enough.
Monero surging! Up over 27%. We will not go silently into the night
I just bought Monero. Is this good or bad for me?
It is very good, Monero is digital cash that you can use without being spied on.
It protects you the sender and the recipient that you send to when you use it.
They won't let me trade it any more.