Oddbean new post about login | logout Everything is tradeoffs. The main downside of Monero is the hash rate is low enough and mining hardware is available enough that a dedicated adversary could mine empty blocks for considerable time but otherwise yes monero is superior as a monetary instrument.
Do you think we'll see mass adoption of Monero similar to Bitcoin? Because in order for a transaction instrument to be truly useful, it has be widely accepted. I feel like it's still a niche coin.
If adoption is the most important metric then stick with USD. Monero is essentially where Bitcoin was 7-8 years ago. There wont be any sort of mass adoption of monero until theres a crisis. Runaway inflation or a 6102 type event. Which is why people dont think they need monero until they do.
Sadly, I fear one of those crisises is on the horizon.
Well in the short term anyway, Bitcoin number go up. but its well on its way to being a regulatory captured part of the investment landscape. on a longer timeline monero is where people should be IMO
BTC can be useful as a store of value, but monero is best for transactions.