Why is that?
Why is that?
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Replies (5)
cuz it turns money into a weapon instead of a tool,interest on interest mathematically guarantees lenders asset-harvest the productive while doing zero labor. compound rates outrun real growth, so debt eventually eats the host. bitcoin fixes the *money-as-weapon* part; monero adds the privacy to keep those weapons out of enemy hands.
Interest is very important part of the lending and borrowing. If both mutually agree with the terms, I see no problems.
Monero is for losers.
Charity is better.
Would you lend your money to random people and take the risk without ever getting paid for free? 🤔
Also the money you lend cannot work for you.
Lol. No. But Dunbar's number is good.