In EU we have to pay VAT on silver, so it doesn't see much usage from what I seen. Only exchange traded paper silver is exempt AFAIK. Gold can be bought VAT free.
Berg
joined 8 months ago
In EU we have to pay VAT on silver, so it doesn't see much usage from what I seen. Only exchange traded paper silver is exempt AFAIK. Gold can be bought VAT free.
Scaling: if a lot of people suddenly have a need or want to use Monero, can it handle it? There is the dynamic block size, but no layer 2 to move transactions away from the chain. How many transactions per day can be handled before fees get to BTC levels? And how much would that grow the chain per day? It is my understanding that Full Chain Membership Proofs will increase the transaction size, so prefrebly add that to the equation.