> <@kijari:matrix.org> Most people are stupid. It amazes me that cryptocurrency was unregulated and was a safe haven. Then the governments caught on and started regulating everything while everyone shrugged their shoulders and went "Okay. I'm fine with paying taxes on my cryptocurrency". Even cryptocurrency miners will be happy to pay taxes and convert it to fiat. Meanwhile I'm over here mining on my desktop whenever it's not in use to make a bit of money but I refuse to ever report that on my taxes. Besides, they can't track Monero. The scary thing is that governments will eventually start taxing monero or banning it outright in a few years, and some governments already have said it's illegal to own. > > To answer your question, being used as fiat and for finances is the same thing. I hope one day we can see something online for x amount of Monero instead of $3 and then converted to the equivalent in Monero. Basically, I want cryptocurrency to step in and be seen as a fiat equivalent so we pay in set amount of the cryptocurrency instead of paying with extreme volatility. _Selling a cake for 0.015 XMR_ Boy would that be nice. :)