Unless you enjoy holding paper monero, and letting centralized exchanges get away with fractional reserves, always withdraw your crypto!

  • shortwavesurfer
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    1 month ago

    *for now. Imo its worth paying a bit more to use it in a pure way. The only reason centralized exchanges have a better price is because they have more liquidity. So as decentralized exchanges get more of the liquidity, the prices will narrow due to seller competition

    • aldalire@lemmy.dbzer0.comOP
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      1 month ago

      True this though. The future of monero is in DEXs. Monero will for sure get banned and be categorized as a tool for money laundering.

      • shortwavesurfer
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        1 month ago

        Governmyth hates it. Equals call it money laundering. Problem solved.

        • aldalire@lemmy.dbzer0.comOP
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          1 month ago

          DUDE rightt. I remember when the FBI seized the domain of z-library they listed “money laundering” as one of the reasons they took it down on the seized website 😂 like dude z-library gives out pirated ebooks.

          I internally translate money laundering as “improper use of money”. They’ve made using money in ways they don’t like a crime, instead of actually stopping crime