submitted 10 months ago by shortwavesurfer@monero.town to c/monero@monero.town

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I just saw this article about okx delisting Monero and how it dipped 6% vs the US dollar. However, it is recovering and if thats the worst that a delisting can do they are pretty bad off. LocalMonero and similar along with other swap services will continue to exist. In the long term this just gets us closer to using Monero as intended.

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[-] rattie_ok@monero.town 0 points 10 months ago

If no one is accepting Monero in your country, city, or neighborhood, then the fair price is zero.

Closing down fiat ramps is just one thing that regulators might try. Next step would be banning Monero wallets from app stores, or marking Monero as malware or state sanctioned software. Who would want to use Monero then, when the UX is worse than paper cash? People buying drugs can use Venmo and say that they're buying art commissions or something like that. Or exchange gift cars by mail.