• LobYonder@monero.town
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    11 months ago

    The US dollar has lost about 98% of it’s value since 1971 yet people still use it in trade rather than gold or silver or a better fiat like Swiss Franc. Don’t underestimate the power of inertia. Just because USD has inflation problems doesn’t mean XMR is about to take off. It will take hyperinflation or a currency crisis and even then better-known cryptos like BTC or LTC will be the first choice for normies.

    • nabio@monero.town
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      11 months ago

      The US dollar has lost about 98% of it’s value since 1971 yet people still use it in trade rather than gold or silver or a better fiat like Swiss Franc

      right, it’s not like it’s imposed by law and military…