Posts about Crypto
A lot of people see BTC as 'digital gold' for speculators, and XMR is known for its privacy features but may not be ideal for high-volume transactions.
But what sets Monero (XMR) apart is that it is independent even if exchanges vanish.
And the reason I am saying this is that there is a potential collapse of major exchanges due to poor management and regulatory pressures, and Monero will become more valuable with each exchange collapse because it works flawlessly without their existence.
If exchanges were to vanish, p2p money would continue regardless of their vanishing and people would find creative ways to exchange fiat for Monero.
And you would think itโd be really difficult to purchase XMR without exchanges but in reality, thereโs projects like Bisq and other peer-to-peer networks that would continue to operate, and people would find creative ways to exchange fiat for Monero. Thereโs also Houdini Swap that would still be able to operate as it is a decentralized service that does not rely on centralized exchanges.
The way I see it, we should learn more about Monero and other more projects and hold it as it is designed to handle future pressures that are coming down the pike.