Azz on Nostr: The only thing that matters is the demand for use as money. Everything else is ...

The only thing that matters is the demand for use as money. Everything else is speculation. Bitcoin has the network effect and the biggest onramps. Monero has had onramps shut down and faces regulatory pressure.

No one wants others to know exactly how much money they have. Its a liability because it allows enemies to calculate the cost of overcoming you. Even (especially) Blackrock will demand privacy eventually.

The Bitcoin price probably assumes that it will achieve an acceptable level of privacy eventually. If it doesn't then it will fail as money.