3 catalysts that could favor #Monero price versus #Bitcoin in the next months/years:
1) #XMR fractional reserve trading is decreasing (because of CEXs delistings) while #BTC fractional reserve trading is at risk of increasing due to the lack of transparency in ETFs reserves.
2) Mt. Gox funds is a potential source of liquidity to be swapped for Monero. Mt. Gox users were from the cypherpunk era. Many have since jumped on the Monero train which better aligns with this ethos.
3) The continuous rise of the surveillance state and probable #CBDC launch will fuel more interest for #crypto #privacy and circular economy for which Monero is better designed to address.
LogicallyMinded
npub1s0…2rqf5
2024-08-21 04:41:12
Author Public Key
npub1s0fs9dwztm2rukm42vh6df4a5gwykclf75tgyeuc75t0cs2eh8rsu2rqf5Published at
2024-08-21 04:41:12Event JSON
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"pubkey": "83d302b5c25ed43e5b75532fa6a6bda21c4b63e9f516826798f516fc4159b9c7",
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"kind": 1,
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"content": "3 catalysts that could favor #Monero price versus #Bitcoin in the next months/years:\n\n1) #XMR fractional reserve trading is decreasing (because of CEXs delistings) while #BTC fractional reserve trading is at risk of increasing due to the lack of transparency in ETFs reserves.\n\n2) Mt. Gox funds is a potential source of liquidity to be swapped for Monero. Mt. Gox users were from the cypherpunk era. Many have since jumped on the Monero train which better aligns with this ethos.\n\n3) The continuous rise of the surveillance state and probable #CBDC launch will fuel more interest for #crypto #privacy and circular economy for which Monero is better designed to address.",
"sig": "42a7d1a4255f93e65adc1ffacc3d824c30b61e0608023850bc46e1cffdfafc5f4be14d7425f9b5dcbbe5b4900da7341776eb699ef73ccab5fa9f0ca60fde263c"
}