I’d bet you can guess why

  • shortwavesurfer@lemmy.zip
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    16 days ago

    Monero as the current fiat system becomes more and more untenable and people look for a solution not controlled by governments.

    • mox@lemmy.sdf.org
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      16 days ago

      Cryptocurrencies are not reliably fungible, nor stable, nor widely accepted. They have their uses, but they are not suitable replacements for PayPal and not what OP asked for.

      • shortwavesurfer@lemmy.zip
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        16 days ago

        Monero is fungible and especially when using the one-year moving average is quite stable. The variance on either side of the moving average is about 15% and that will decrease as adoption occurs. I run a small store where I sell products for Monero at stable prices for three months in a row by using the moving average as my price point.