this post was submitted on 13 Feb 2024
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Monero

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Valuing Monero in a DEX world (monero.town)
submitted 9 months ago by [email protected] to c/[email protected]
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This may not quite sit here, and if it does not, please remove it.

The way i see it we would have 2 options.

  • A: base the price strictly on the order book based on supply/demand and let the user know what the last trade went for.
  • B: let it float against a crypto with no chance of being delisted such as bitcoin and calculate how much fiat the coin is worth in sats.

The first way would be totally free floating with nothing but supply and demand at any given time determining the value. The second makes us reliant to an extent on BTC.

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[–] [email protected] 1 points 9 months ago* (last edited 9 months ago)

If I don't know you, I will insist that you give me back something immediately. When I know you better, I become more relaxed: "yeah, maybe tomorrow ... ... " see where I'm going? CCS is a form of credit in this respect with loose conditions and no interest, of course.