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this post was submitted on 26 Feb 2025
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Monero
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17 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.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 2 years ago
MODERATORS
Transactional only. It is not a store of value
Why not a store of value? just interested why you think so
For monero to be a transactional currency it has to be slightly inflationary
For monero to be a store of value it has to be static or even deflationary.
Since the stated goals of many of the developers in the community is a transactional focus, going to the moon isn't what people are focusing on.
Thus i only use XMR for transactions