this post was submitted on 28 Sep 2024
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Monero Memes

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Monero is real money! (lemmy.zip)
submitted 1 month ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 2 points 1 month ago (1 children)

Median price 2017-2024 is $150. More than obvious that it will remain at $150 during 2025-2030. Meanwhile: dollar inflation, gold price increase, Bitcoin price increase, nothing matters, Monero will jsut keep at $150. Perhaps one day, in 2053, after a world war and two more financial crisis, when 1 Mexican Taco is $50, Monero will pump to $200, maybe. Because that's how money works! You put $100 in, you get $100 out after 10 years.

[โ€“] [email protected] 1 points 1 month ago

  1. You indicate the dollar has inflated greatly

  2. You indicate XMR has maintained its $150 price point on average.

The direct implication of 1 and 2, is that XMR has inflated just as much as the dollar.