Liquidity issue. Has nothing to do with the fundamentals of either network or asset. 10 BTC is more than most houses, and it would take you 6% plus 90 days minimum to move a house. And you’re definitely not getting 600k cash for monero within a day, if ever.
You could’ve done it non-KYC if you had more time or found some big OTC plays (likely outside of US jurisdiction), but the issue of moving that amount of money outside of traditional regulations would not be improved by monero.
Fair point.
It’s more than fair. I can’t believe the amount of people who think exiting the centralized surveillance dollar economy into Bitcoin, and then going back to re-enter it would magically make it any different.
And no, monero doesn’t fix that 🤦♂️
Yep, using monero isnt going to do shit for you if you need to provide proof of funds, e.g. in UK if buying a house.
Every tool has it's function. Limiting the tool set will only diminish the possible outcomes.
I’m not limiting the toolset, feel free to use monero. I’m just explaining why advocating for it under the given circumstances is a silly misunderstanding of the fundamental issue.
Sure, understood. Thank you for the clarification.