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 Monero is not asic resistant either, its completely dominated in hashrate by CPU based ASICs, they will capitulate into more specific ASICs for survival eventually, asic resistance really is overhyped anyways.

If monero isnt 100% untracable, its not nearly as good as just creating a private bulletproof sidechain on bitcoin, especially since the supply dynamics of monero are constantly unverifiable, leading to the community forcing hard forks to limit the supply, which could inevitably rob people of their monero without them having any way to protest that