Asklemmy

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Is there a way to make a currency like Bitcoin credible as a store of value or means of payment, without impinging on the privacy of the currency creators or holders? (lemmy.ml)

submitted 3 years ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 3 years ago

All currencies are volatile. Your dollar or euro today does not have the same value it had yesterday, or will have tomorrow. Currencies are merely commodities that have no utility in their own right beyond their fungibility.

Often, your dollar or your euro fluctuates in value due to any number of manipulations that various actors (both government and private) perform. Monero should be more resistant to that.