Oddbean new post about | logout
 An actual  private safe heaven for the self proclaimed "save heaven". 
 Fiat > Bitcoin > Monero.

Self-fulfilling prophecy. What took Bitcoin 15 years might take Monero 7 days.

Those not prepared (hedged) will get wiped out by the sheer force of the move. 
 Maybe too excessive ? 
 It's a one way street with growing respect for its ideologues ancestors. But there is no way back for those seeing the light. 
 The element that will probably move people to Monero is CBDC, but it will not take a week, it will take around a year or two, maybe more. It's true to say the final movement is the bigger generally, at this point, Monero will eventually skyrocket in a week because of a supply shock. But price is not important at the end, we are just taking a share of the anonymous transaction system, we are able to keep and exchange value outside of the authorities control or surveillance, that's priceless today, it will be even more tomorrow