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this post was submitted on 09 Nov 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Monero, XMR, crypto, cryptocurrency
founded 1 year ago
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Sounds like someone is bitter because they made the wrong bet. I knew crypto was not an "investment" from the start when I was CPU mining BTC.
Got into Monero around $30-$50 when I realized BTC is not money, but only converted some existing BTC into XMR. It was pretty obvious the financial mafia would not allow XMR to pump in their marets.
As for fiat buys you should not be buying unless everyone thinks crypto is collapsing. That is the time to scoop up some more.
You may be right about your projections, Monero will likely take over 90% of black market in 10 years and it will take about 50 years to take 90% of everything else. One thing is for sure, crypto in one form or another will dominate the world we will just need 1 or 2 generation cycles.