Looking at this small correction we've seen over the last hour or so. Even blue chips like BTC, ETH and BNB react sensible to news and rumors and dump. Meanwhile Monero juggles along uninterrupted and unagitated and smply keeps its price and even pumps on the ratios.
XMRBTC, XMRETH and XMRBNB all see longer terms outbreaks across the board at the moment.
Do with that information what you want. But the current climate (potential escalation in the middle east) as well as CBDCs looming means a flight to safety is what people will look for. And although BTC is often marketed as a (speculative) store of value like gold that rises in anticipation of a crisis, it is not safe from investors selling it off during said crisis because they need to.
Monero is the flight to safety no matter if you come from collapsing fiat currencies, collapsing stock markets or have been burned by crypto rug pulls. Maybe you also look for some shelter in private digital cash that is everything else but totalitarian control through CBDCs.
Monero is at the core of the crypto ethos. And I would say even moreso than Bitcoin.
- It protects you from surveillance.
- It protects you from control.
- It protects your form inflation.
- It is spendable at black, grey and white markets all around the globe today.
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