The situation in the US market may not be so obvious, but looking globally, you'll find an interesting phenomenon: many countries' restaurants and retail stores are desperately competing for cash payments, even proactively offering 3-10% discounts to attract consumers to pay with cash. Why? Because this allows them to bypass transaction fees and regulatory tracking. From this perspective, privacy coin Monero is actually quietly filling a real market gap—it essentially brings the advantages of cash (anonymity, speed, no intermediaries) into the digital world. As more and more merchants and consumers value privacy, Monero's application scenarios as a payment tool may gradually expand, ultimately having the opportunity to become an alternative beyond cash.
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DAOTruant
· 7h ago
Now I understand, no wonder merchants worldwide are spending money to grab cash. Everyone understands the issue of avoiding fees.
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GateUser-a606bf0c
· 01-13 03:54
Global restaurants are aggressively offering cash discounts, essentially trying to evade regulations and fees. Monero has indeed found a real demand here, which is quite interesting.
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CounterIndicator
· 01-13 03:53
Haha, this logic makes sense. The cash discount system is indeed being used worldwide.
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MetaMaximalist
· 01-13 03:53
ngl, the cash discount arbitrage thing is fascinating but people keep missing the actual network effects play here. monero's not competing with fiat—it's exploiting the infrastructural gap that cbdcs are gonna leave wide open. once govts start pushing digital currencies, privacy becomes the actual value prop, not some edge case. but sure, keep thinking it's just about avoiding 3% swipe fees lol
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DecentralizedElder
· 01-13 03:53
To be honest, I've long noticed that global merchants offer cash discounts, mainly to avoid taxes. Privacy coins indeed have some potential for growth.
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GasFeeVictim
· 01-13 03:42
Oh my, I've seen through this cash discount thing long ago. Merchants just want to avoid taxes. Monero's approach is indeed brilliant, moving the cash system onto the blockchain is awesome.
The situation in the US market may not be so obvious, but looking globally, you'll find an interesting phenomenon: many countries' restaurants and retail stores are desperately competing for cash payments, even proactively offering 3-10% discounts to attract consumers to pay with cash. Why? Because this allows them to bypass transaction fees and regulatory tracking. From this perspective, privacy coin Monero is actually quietly filling a real market gap—it essentially brings the advantages of cash (anonymity, speed, no intermediaries) into the digital world. As more and more merchants and consumers value privacy, Monero's application scenarios as a payment tool may gradually expand, ultimately having the opportunity to become an alternative beyond cash.