-
br-m
<zonash2099:matrix.org> @pw:xmr.mx: The core purpose of the $PWRP wrapper token is to drive institutional adoption. Many sophisticated investors and institutions with significant capital avoid direct exposure to XMR and ZEC due to exchange delistings, jurisdictional bans, and regulatory/KYC compliance challenges.
-
br-m
<gentlemoose:matrix.org> Institutional adoption is the last thing Monero needs. Just look at Bitcoin. In 2018 reddit was full of wait until wall street starts buying. Price went high - wonderful. Look at Bitcoin now... Time ticking bomb of compliance, tax burden and confiscation shitstorm symbol of capitalism game theory shifting money from the normies to the elites.
-
br-m
<gentlemoose:matrix.org> This will only produce investment demand driving price higher which will increase psychological barrier to entry, won't increase use case in general or at least not in the proper pathways. Not to mention mainstream future makes it even more prone to attacks.
-
br-m
<torir:unredacted.org> The only benefit of institution adoption, in theory, is that it will make it hard for governments to outright ban Monero. But governments have been slow to ban what they can instead choke with regulation.
-
br-m
<torir:unredacted.org> In my opinion Monero is best served by being used as a currency, not as an investment.
-
br-m
<gentlemoose:matrix.org> @torir:unredacted.org: This! Exactly. Outright ban creates a riot and forces immediately a better solution. State doesn't play that way
-
br-m
<gentlemoose:matrix.org> And investment is relative. People hoard what they believe will keep its value and spend what won't which drives things like gold and btc. We hoard monero as a counter to mass surveillance, general privacy, incoming authoritarianism etc..
-
br-m
<yahniukov:matrix.yahniukov.com> @gentlemoose:matrix.org: Aside from that, it's not bad investment at all, price is going up. Even when not, it's pretty stable since there are no speculators on kyc exchanges (cause kyc exchanges don't have monero). People who hold monero threat it as currency, not daily trading position
-
br-m
<machineswillrise:matrix.org>
nerdtests.com/ft_nq.php
-
br-m
<gentlemoose:matrix.org> @yahniukov:matrix.yahniukov.com: Pure financially of course. My general view though is that in authoritarianism money (or diversified types of money) is not wealth - it is an option, an escape hatch, a survival tool.
-
br-m
-
br-m
<machineswillrise:matrix.org> amazing
-
br-m
-
br-m
-
br-m
-
BlueyHealer
bruh why are we talking about investment at all? It's not like those guys would help actually useful acceptance, that's all about "line go up"
-
br-m
<pw:xmr.mx> BlueyHealer: its calledca discussion. go take your meds
-
br-m
<zonash2099:matrix.org> @gentlemoose:matrix.org: Appreciate the different perspectives. To be clear, this isn't about changing what Monero is---it's about providing a compliant on-ramp for sidelined deep capital. The native network remains untouched. We’ll keep building.
-
leonardus
if you need AI to write an answer like that for you, it's over
-
leonardus
lol
-
br-m
<pw:xmr.mx> ---
-
BlueyHealer
pw, go take your meds? What did I even say?
-
br-m
<pw:xmr.mx> @pw:xmr.mx: the new – ?
-
br-m
<gentlemoose:matrix.org> --- is Claude
-
br-m
<monero.arbo:matrix.org> ZEC is an obvious troll but like.... DASH? Who's even heard that name since like 2017 > <@zonash2099:matrix.org> I propose launching a privacy-focused multicoin wrapper wrapping up XMR, ZEC and DASH. And then at 2nd stage we should launch multiple multibillion ETFs of the same Wrapper token.
-
br-m
<monero.arbo:matrix.org> Anyway, you'll find Monero users in general resistant to tokenization/wrappers I think
-
br-m
<ofrnxmr:xmr.mx> dash bro
-
br-m
<ofrnxmr:xmr.mx> i cant remember his name
-
br-m
<ofrnxmr:xmr.mx> joel
-
br-m
<ofrnxmr:xmr.mx> constantly shilling that shit
-
br-m
<joel:kernal.eu> joel venezuela
-
br-m
<ofrnxmr:xmr.mx> sorry, yea, not ^ this joel
-
br-m
<joel:kernal.eu> xddd
-
br-m
<zonash2099:matrix.org> I was kicked out of the room. I dont know why....
-
br-m
<zonash2099:matrix.org> @monero.arbo:matrix.org: I am just exploring.... and in the process of discovering the community sentiment....
-
br-m
<ofrnxmr:xmr.mx> "shilling ai"
-
br-m
<zonash2099:matrix.org> Shilling AI? What does it in the age of AI? AI is going to replace most of you humans anyway soon
-
br-m
<gentlemoose:matrix.org> And we sense ban
-
br-m
<ofrnxmr:xmr.mx> how can it replace me? i am AI
-
br-m
<ofrnxmr:xmr.mx> "you humans" is funny. you are a human, calling an AI a human. strange, these meatbags are
-
br-m
<gentlemoose:matrix.org> Is a ban equalling a discovery of the community sentiment ? What's the default mode
-
br-m
<jpk68:matrix.org> We should ban all non-AI contributions /s
-
br-m
<ofrnxmr:xmr.mx> he/she was gently kicked for shilling whatever that garbage is
-
br-m
<ofrnxmr:xmr.mx> which reads like a scam, but who has the time to investigate every scam or rug?
-
br-m
<ofrnxmr:xmr.mx> i would take that translation as "go shill that scam to zcash or dash, or some other community that cares or is willing to waste their time on it"
-
br-m
<ofrnxmr:xmr.mx> but i only read half a message from bro, about something something wrapped investment token
-
br-m
<gentlemoose:matrix.org> Ye banning people is in contrast to agora tendencies probably
-
br-m
<gentlemoose:matrix.org> And some spiritual norms
-
Bawlsack
test
-
Bawlsack
anyone Online?
-
br-m
<ofrnxmr:xmr.mx> no
-
Bawlsack
its over...
-
Bawlsack
question, How many people here have success finding like gigs or random shit to work for monero
-
Bawlsack
and if asking for monero as payment
-
Bawlsack
welcum
-
br-m
<torir:unredacted.org> I've done gigs for Monero.
xmrbazaar.com is probably one of the better places to advertise right now for general gigs.
ccs.getmonero.org and
bounties.monero.social are two places to work at if you want to contribute directly to the Monero project and get paid. You can also do
kuno.anne.media if you want to do a ask for donations for your work.
-
Bawlsack
god bless i didnt know the last three @TORIR
-
Bawlsack
sawlid snake
-
br-m
<pyratevevo:matrix.org> @torir:unredacted.org: CCS is down for some reason.
-
br-m
<ofrnxmr:xmr.mx> for all of the reasoons
-
br-m
<ofrnxmr:xmr.mx> (php exploit)
-
br-m
<pyratevevo:matrix.org> That's a good reasoon alright.