USD and gold have much bigger network effects than Bitcoin. Does this spell doom for Bitcoin? Of course not.
And this doesn't seem to stop DNMs from using Monero more and more.
A public blockchain like Bitcoin can never provide the same privacy on chain. And L2s have their own unique trade offs that Monero doesn't. None are replacements for Monero. It just depends on your priorities.
Yeah, there's no point to monero, sorry.
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Convincing argument. I'll go tell the darknet markets brb.
That's a myth, the darknet markets are using basically 48% bitcoin and 48% monero. It doesn't even dominate there, that should tell you something about bitcoin's coinjoin anonymity.
