Quote from: HairyMaclairy on September 17, 2018, 10:13:53 PM

Quote from: Ibian on September 17, 2018, 09:50:49 PM

Quote from: HairyMaclairy on September 17, 2018, 09:42:53 PM

Quote from: infofront on September 17, 2018, 04:23:02 PM

Quote from: HairyMaclairy on September 17, 2018, 11:52:45 AM

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I havent noticed.

Are you invested in monero?

I am conflicted about Monero. I love the idea of a truly anonymous currency. But from an investment point of view, I think their tail emissions policy is flawed. I know it is only 0.6 XMR per block, but I feel that is enough to have a real impact on supply, meaning that Bitcoin is a far superior long term investment.

So I watch Monero closely but don't hold any. I had a fair stack that I sold for Bitcoin at the start of this year. If I start to feel that Bitcoin is under threat, I might go back to holding some Monero as a hedge. I held a stack of Monero through the Bcash debacle as a defensive hedge.

Far more importantly, if you have a few millions set aside and you cash them out to buy, say, a house, the taxman will show up with Questions.

Being below board is simply not worth it in the current culture.

I am not American so not subject to tax on my global income if I stop being a tax resident of my country of residence. If I ever trigger a retirement event through crypto, I will just move offshore. All perfectly legal.

It might be legal, in theory, now. But states always want more power and control, never less. Laws change.