this post was submitted on 30 Jul 2024
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Monero
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Well, people can either buy it, or they can not buy it, and I can use an exchange instead. I would rather not use an exchange, but I am able to do so. I think a lot of it depends very much on how much the Monero circular economy means to people. Is it just talk or are they willing to put their Monero where their mouth is?
Edit: I did take the foreign exchange arbitrage into account and have decided to air on the higher side by using the 365 day simple moving average. I also have a threshold at which if it drops too far below the 365 day moving average, I will simply remove all of my products from the marketplace until such time as it returns.