XMR is very stable, and widely used but since is very privacy oriented and theres 0 need for KYC the techbros won’t ever talk about it, also is not profitable because the fees are very low, and the confirmations are almost instant, so major institutions likely will never endorse it. Monero for the win.
We must have very different notions of what stability means. To me, anything that fluctuates more than 10% either up or down almost weekly is not stable.
theres 0 need for KYC
How does one exchange XMR for actual cash without going through an exchange company?
For stability I mean something that won’t fluctuate more than 100% in a calendar year.
How does one exchange XMR for actual cash without going through an exchange company?
Up until not too long ago localmonero was a thing, but is been discontinued, and I have not been keeping up with something you could find in a google search.
XMR is very stable, and widely used but since is very privacy oriented and theres 0 need for KYC the techbros won’t ever talk about it, also is not profitable because the fees are very low, and the confirmations are almost instant, so major institutions likely will never endorse it. Monero for the win.
We must have very different notions of what stability means. To me, anything that fluctuates more than 10% either up or down almost weekly is not stable.
How does one exchange XMR for actual cash without going through an exchange company?
For stability I mean something that won’t fluctuate more than 100% in a calendar year.
Up until not too long ago localmonero was a thing, but is been discontinued, and I have not been keeping up with something you could find in a google search.