Money for mafia mobs doesnât mean âin any marketâ. I donât see Monero being used for coffee payments, I donât see it as a 401k asset, I donât see it as a store of value either.
That doesât mean it lacks any value at all. As I said - it has itâs use case. I/. Useful Tool. But for your own sake, do not fall for the idea that it will replace Bitcoin. That canât happen and will not happen.
Dark net/parallel/shadow markets are a market. So, of any market, monero has displaced bitcoin in one. Of course, it's not even marginally close to replacing Btc in the normal economy. As you say, that's not It's use case. It exists for more severe adversarial environments, where the bitcoin graveyard grows.
I find it hilarious that you think everyone is using bitcoin to buy their starbucks coffee. It's a terrible currency to use with any frequency especially for small payments. 99.9% of the world is using fiat.
Have you ever heard of lightning network? I do pay for a coffee or a lunch on a regular basis.
For example, here in Czech republic, thousands of restaurants and coffee shops accepts payments via app called âqerkoâ which accepts LN payments.
