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Replying to Avatar Jordan S

I do not think Bitcoin, or Monero will absorb Global Liquidity because they're not designed to, & I think it's unfeasible.

I see that more likely something like Ethereum, Stablecoins, or XRP more likely will since they will have the institutional backing, rails, supply available, and throughput necessary for global banking.

As we've seen Swift, and BRICs are rebuilding the global monetary system on different cryptocurrency systems.

Monero will obviously continue to fund gray markets, black markets, under the table, etc. deals.

But question is The Problem for Bitcoin is where does it go?

Does it continue to be a glorified memecoin where prices pumps are based around greater fool theory, and speculation/gambling, does Core improve its OP_RETURN capabilities to become like Ethereum, or does it get neutered to focus on Cash, or does it add privacy to compete against Zcash, and Monero?

Who knows?

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fomo45 3mo ago

The problem is all crypto will be tracked. Unless it's private by default on protocol level. This will come to Zcash and apply to every exchange.

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