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.

  • naeap@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    6 months ago

    I’m currently thinking about what I should do with my monero. How do you pay daily stuff with it?

    • Hestia@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 months ago

      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.