The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.
Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.
I don't buy Monero to collect it. I buy Monero to have freedom from being watched by banks and governments. I buy my groceries with it. I pay for things with it. I use it as a currency. Not for number go up. Bullshit.
Sure you will. A private online money will always be needed for something. If nothing else, just look at the dark net markets. Really, the best thing would be, number go up very slowly, or number stay the same.
I find it harder to actually get more monero than it is to spend it.
Cakewallet (a wallet app for Monero and other crypto) has a giftcard service that I've used before. It works well, but it was down for a little bit because of regulatory concerns.
Monero is also pretty easy to convert to other Cryptos on non-kyc exchanges, so if a vendor accepts another crypto (USDT for example), it's usually pretty easy to swap back and forth.