Why does P2P XMR trade at a premium over exchange rate? It’s not markup — it’s execution cost. Escrow setup, counterparty vetting, postal tracking, dispute risk, time value of locked deposits. 10% over spot reflects real work. After 683 trades, the premium buys you: zero KYC trail, no exchange dependency, censorship resistance. #Monero #XMR #P2P #Privacy #CashByMail