Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TPTB_need_war
on 16/01/2016, 20:20:48 UTC
Reddit cross post since perhaps not all of you visit there:  
  

Quote
Sometimes it can be easy to lose sight of the inevitable: a private and global financial network does already exist.

You're part of it.  There is literally no better technology on Earth... So the question is - what level will it need to balloon to in order to function properly? Because the path of least resistance is for it to inflate in value, not for it to stagnate or collapse.

The answer even laymen give me is, "In the trillions."

Ok, well what about $5 trillion? That's a nice reasonable number, right?  Then that means we are looking at a reality where every Monero is worth $300,000 each (in today's USD).

Remember: either we continue to use technologically inferior money (unlikely), something drastically better is invented very soon (unlikely), or Cryptonote networks like Monero become titanic financial juggernauts (most likely outcome).

The stock market is down... Bitcoin is down... But our future is still quite rosy. Let's get excited for a great 2016 - possibly the year we broach a new level of mainstream awareness.  
  

Typical overreaching of bagholders as the ship sinks.

Delusional nonsense that is ignorant of the technological realities of anonymity.

Also it is bordering on insanity in terms of understanding of marketing and market needs for anonymity, even if your technology wasn't mostly inadequate to the point of being nearly entirely useless.