16
submitted 3 weeks ago by Wave@monero.town to c/monero@monero.town

From min 3:53 about Monero.

you are viewing a single comment's thread
view the rest of the comments
[-] prancing389@monero.town 3 points 2 weeks ago

Move the bulk of your wealth out of stock markets, IRA's, and 401k's and into precious metals like gold and silver. The state will always be evil, but a broke state is less evil. As entire societies move assets out of markets into physical precious metals, you contribute to the destruction of all fiat currencies globally. Think about it, if nobody accepted the USD, how long would the military industrial complex (MIC) last? Honest, gold and silver backed money provides a healthy constraint on the voracious appetite for making war by the MIC.

Monero may thrive as a primary store of wealth one day, but while the FINCEN machine is alive and well, it will remain under threat. Gold and silver do not suffer the same level of oppression from regulatory authorities, so it is a safer way to exit the fiat system presently with the bulk of your wealth.

this post was submitted on 13 Oct 2024
16 points (83.3% liked)

Monero

1656 readers
32 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS