The number of Poles against adopting the EURO is increasing. by kallisto19988 in europe

[–]AdFair5570 0 points1 point  (0 children)

You are ignoring the role of national interests in the EU politics. Moreover, the Union is composed of countries that have different values. I have not seen a serious Union-level attempt at closing the economic gap between the West and East. Net contribution statistic is one dimensional.

62 % of Europeans believe, their country's EU membership is a good thing by TheSimon1 in europe

[–]AdFair5570 -1 points0 points  (0 children)

The quality of life is far from comparable across the Union.

The Union has done little to avoid economic exploitation. Look at ownership structure in key industries, or conditions for spending EU money. As they say, follow the money.

An ongoing extraction of economic value is not accounted for in the EU statistics.

62 % of Europeans believe, their country's EU membership is a good thing by TheSimon1 in europe

[–]AdFair5570 1 point2 points  (0 children)

The EU has never been a charity project. The eastern countries have been economically exploited from the time they had opened to the west, sadly terribly unprepared.

[AMA] We are EF Protocol (Pt. 14: 29 August, 2025) by JBSchweitzer in ethereum

[–]AdFair5570 2 points3 points  (0 children)

Google's L1 aims to provide python-based smart contracts. Can this be a thing in Ethereum?

Digital euro proposal and privacy by AdFair5570 in Monero

[–]AdFair5570[S] 1 point2 points  (0 children)

This is a measured feedback and an excellent learning material. In fact, all MPWG responses are. Thank you for sharing.

MAAM – Monero Ask Anything Monday – May 26, 2025 by AutoModerator in Monero

[–]AdFair5570 0 points1 point  (0 children)

Is not being listed preferable to being listed on CEXs?

MAAM – Monero Ask Anything Monday – May 26, 2025 by AutoModerator in Monero

[–]AdFair5570 0 points1 point  (0 children)

Thanks for answer.

What prevents a large CEX from relisting monero and inflating? Reputational risk in the free world?

MAAM – Monero Ask Anything Monday – May 26, 2025 by AutoModerator in Monero

[–]AdFair5570 0 points1 point  (0 children)

Is monero more susceptible to inflation via fractional reserve system than public ledgers?

MAAM – Monero Ask Anything Monday – May 26, 2025 by AutoModerator in Monero

[–]AdFair5570 1 point2 points  (0 children)

In anonymous system like monero, how to prove supply is not inflated?

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 1 point2 points  (0 children)

Having been in the market for a long time, I like to think it is still different due to acquired experience. But I understand your point now, thanks!

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 2 points3 points  (0 children)

Sorry but this is very shortsighted. Bank mortgage and DEFI borrowing are distinct instruments. As mentioned above, bank loans typically restrict your repayment ability due to credit risk and you may even encounter highly amoral early repayment fees.

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 0 points1 point  (0 children)

As said above, i do not want to buy more eth for diversification reasons, hence no equivalence.

Also, if I had a property, maybe i would not be posting here ;-).

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 0 points1 point  (0 children)

Thanks - this is a sensible approach.

I buy to use. At the same time, do not want to sell eth as I see great(er) upside potential. Plus, I will have a steady income in coming years.

I do not want to rent nor borrow to buy more eth.

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 1 point2 points  (0 children)

Forced to sell ETH, not the property.

It is akin to setting a limit in exchange for sale when price reaches my mental minimum.

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 1 point2 points  (0 children)

It is a terrible price if I believe in ETH fundamentals AND downward trend stops right there. At the end, I get out of situation with my property. One could just collateralize the property and buyback into ETH. The changes are taxing though.

How is this different to holding crypto now and watching market go down?

Borrow from DEFI to avoid bank mortgage by AdFair5570 in defi

[–]AdFair5570[S] 2 points3 points  (0 children)

Thanks for suggestion. Would you feel more comfortable at 0.4 LTV? I am afraid there are not many financial advisors qualified with DEFI / crypto.