but if something is money and is scarce will go up forever compared to easily printed money, its an important feature and is the first feature of money (and then bitcoin): preserve wealth across time and space. Monero is a shitcoin and cant do that and it is the first reason it doent have any sense. You can "give" me privately monero but when this crypto bubble will vanish you wouldnt eventually be able to buy anything because monero value, as all easily printed shitcoins, trends to nothing.
Discussion
You can't "print" Monero. You have to mine it, trade for it, or work for it. Just like Bitcoin.
Gold has constant inflation and is more popular than Bitcoin by far and has been mined for thousands of years.
All the matter is issuance is decentralized, predictable, and requires PoW (fiat money is none of those things)
Crypto will always be around. That cat is out of the bag. There will never only be just one Bitcoin just like there isn't just one precious metal or currency.
https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy
you can print infinite monero-like utility tools that try to solve privacy better and they alll will to keep the value.
Nope. It's not that easy. Just like Bitcoiners always argue about network effects, Monero has the lions share in network effects for privacy coins.
It would have to retain the same properties (self custody, unstoppable, permissionless, etc) and be much much better to draw users over. Not equal or just a little bit better. But if that happened then I would end up using it. I don't care as long as it retains the same spirit.
I guess like anything it will all be found out in time. However, my money is definitely on Monero. Since I was run away from Bitcoin in 2017 when it cost me $10 to potentially buy a coffee complete and utter bullshit. If l1 is not private and cheap, it will be centralized, and when it is centralized, it is completely useless.