Oddbean

Because the value of monero only comes from its utility of being "anonymous". The value, or utility, has to come from outside. It's not something that emerges from the network itself. It's trying to be something more than money, and it has to be managed and dictated from outside entities. Just like every other shitcoin.

its value comes from its preferred usage on high threat environments such as dark web marketplaces. that tells you enough about bitcoin's losing value, or utility, in such cases. There is only one peer-to-peer digital cash system that is fungible by default that satisfies those use cases

No idea what you mean by it's value/utility comes from the "outside". The value and utility of strong default privacy, real world fungibility, and cheap transactions comes from something only Monero can provide. Bitcoin is missing the above properties so is a terrible p2p digital *cash* and MoE. The more you use it the poorer you get (this will continue to get worse with more adoption). https://monero-bitcoin-fees.vercel.app/ If you want to claim Bitcoin is a better p2p digital gold/commodity/SoV go ahead. But honestly, any future price prediction is pure speculation. You can limit supply, but you can never control the fickle demand side of the equation. "managed and dictated from outside entities" ~99% of your nodes depend on Bitcoin Core software and Blockstream has massive influence. That's why it's pet shit projects like liquid and lightning get the greenlight while anything else interesting flounders. https://luke.dashjr.org/programs/bitcoin/files/charts/software.html The important part is the codebase is transparent and you have the ability to opt-out. If you ever don't agree the direction Monero is heading in you can sell, swap, or fork it at any moment and no one can stop you.

I'm not entirely sure what you mean by Monero attempting to be something more than money akhi. In being anonymous, it seeks to fulfill the biggest requirement that any true cash-replacement needs to meet: fungibility. BTC struggles with this, and available tech to combat it has its own issues that you are no doubt aware of. There's other ways in which I believe Monero to be better than Bitcoin, but let's focus on fungibility here. Is there any way that Bitcoin tackles this issue without major drawbacks? And even if there is, is optional privacy really what you want from a cash replacement? Fungibility should never be opt-in, it should be the default