I'd bet you can guess why

  • mox@lemmy.sdf.org
    ·
    edit-2
    1 month ago

    Cryptocurrencies are not reliably fungible, nor stable, nor widely accepted. They have their uses, but they are not suitable replacements for PayPal and not what OP asked for.

    • shortwavesurfer@lemmy.zip
      ·
      1 month ago

      Monero is fungible and especially when using the one-year moving average is quite stable. The variance on either side of the moving average is about 15% and that will decrease as adoption occurs. I run a small store where I sell products for Monero at stable prices for three months in a row by using the moving average as my price point.