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Monero has only 0,24% market dominance and $ 69 milion Volume (24h)
While Bitcoin has almost 50% market dominance and $ 10 Bilion Volume (24h)
Monero YTD% is -6,10%
Bitcoin YTD% is +53,91%
Your privacy coin is losing value just by holding it. It's worse than fiat.
How many Monero ETFs you heard on the news?
Monero is slowly but surely losing ranks on CoinMarketCap (right now is at 25º), even Bitcoin Cash (a complete shitcoin) has double the volume of Monero.
Monero has no supply cap, and there is no way for people to audit the blockchain, it's just like Fiat.
Monero has been losing in every metric imaginable, for years, and will continue to do so.
THERE IS NO SECOND BEST
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Monero does ~8x more transactions in proportion to market cap
What does any of that have to do with privacy, fungibility, and cheap txs? You're losing value by just USING Bitcoin. Worse than fiat. The more you USE Bitcoin the poorer you get especially going into the future as tx fees continue to rise.
Then don't hold it long term. If you speculate this trend will continue into the future no one is forcing you to save with Monero long term or to hold a lot of it. Do you store all your value in cash or expect cash to be the best store of value? No. But it is useful and a great medium of exchange with different strength vs gold or other commodities. Global cash market is ~$100 trillion. Cash is king. Monero is a better p2p digital cash.
Monero has no limit, but has a predictable steady inflation rate (unlike fiat), and inflation is less than that of gold. So scary! Is gold worthless?
You audit Monero the same way you audit Bitcoin. You run a node. You type in a command and it spits a number back out. In practice, no Bitcoiner is taking advantage of Bitcoin's transparent simple math by manually adding up all inputs and all outputs every 10 minutes. So what is the real world difference? It's larping.
Monero is winning in strong default privacy, real world fungibility, and very cheap txs without compromising self-custody, permissionlessness, final settlement or P2P. The darknets AKA free markets can back this up.
"MAYBE YOU NEED A MONERO" -Michael Saylor
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You do you. Go ahead and keep your Monero coin that is rank 25 on coinmarketcap behind most shitscoins scams and with negative returns. I will stay with my Bitcoin, the apex asset.
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Na, I can use both for their strengths. You can ape into a single one if you want.
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1. Transparency:
2. Scalability:
3. Adoption and Recognition:
4. Network Effects: