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![](https://image.nostr.build/8bb5d90aed4976b2e6381e9dfb39e9a42ef12f031ac45ecc5651f379fc6989cb.jpg)
@ muon_system
2025-02-04 21:03:55
interesting... #XMR is not dumping as much as others right now, wonder if that's because the current US political environment has people seeing its value proposition a little more clearly
not quite the same, but the day Russia invaded Ukraine, XMR started a long slow climb which persisted until the next global bloodbath in fiat prices. I've long wondered if that was due to a small but nonzero contingent of Russians (and Ukrainians) taking it up as a way to move value around anonymously while doing things like avoiding sanctions, escaping conscription, etc.