They just make it impossible for you to turn Monero back into real-world spending power without jumping through insane hoops.
No merchant acceptance, no payment processors, no payroll, no loans, no mortgages, no nothing in the “legal” economy. You end up with the most private money that buys you… almost nothing useful outside small P2P circles.
That’s a cage with golden bars, not a Wonderland.
I understand your pure ideological winner approach regarding Monero, yet the reality will bring you down on earth when you use it as a day to day currency.
You’re free… as long as you never want to buy a house, pay taxes legally, receive your salary, shop in internet, or do anything that 99.9 % of humanity does daily.
That’s not freedom, that’s exile with extra steps.
Back to my post. Our problem, all of us, is that part of the world is trying to be tyrannical. So if you don't want to completely exile yourself from areas that trend towards authoritarianism, you need to find solutions to be able to live. You use Monero, I use Bitcoin. Fine. Instead of directing your energy to fight me, combat the real enemy.
Replies (2)
All good man, i dont fight you 😉 I was just stunned that you call a public, transparent ledger "untraceable". I think you are just waking up to the core problem.
Sure you can not buy stuff with XMR in a normal shop, or a house - but neither can you with BTC. Adoption for BTC payments is almost zero. Most exchange to fiat to buy stuff. You get KYCed and your coins history gets analyzed.
There are many such fiat bridges for Monero too.
A store of value where anyone can see your account balance and transaction history will turn out to be pretty terrible in a tyrannical future.
If we want to be free, we have to use something they can not trace, can not censor and can not shut down. You will not fight tyranny by asking them to stop surveilling and controlling you and your family.
Paying taxes and owning a store of value house shortly before the fiat collapse is stupid.
I almost exclusively live on Monero and that won't change under any future conditions.
I invested a lot of time into building my anti-fragile "golden cage" outside the system. Enjoy the system while you still can.
People are approaching me and I'll tell them how they can use Monero to free up their lives one step after another.
It's a mind game. An attached mind never can see or create more freedom.
