/biz/ - Business & Finance

>>55964598
>Imagine Monero flipped Bitcoin and became the #1 cryptocurrency
I can't imagine this scenario happening under any circumstances. The old fiat system is a private ledger and it would make absolutely no sense to move from a private ledger to another. This doesn't mean Monero can't hold second position, because in some weird world you could have state actors use public ledgers (eg. Bitcoin) and common citizens could use private ledgers (eg. Monero).

Generally I think Monero is a huge gamble with little reward. As it is, it absolutely relies on its privacy features without which it's just another alt. If its privacy features are ever compromised it would be catastrophically for the currency. And the thing I ask myself is how is it that Tornado Cash developers were arrested, detained and charged meanwhile Monero devs appear to be untouched. Something doesn't sit right with me.