I'm 100% in Bitcoin and agree with the network effect thing, but am becoming concerned at Bitcoins lack of privacy. Monero was issuing 50 coin blocks every 2 minutes up until the beginning of last cycle, that probably explains the price crash better than lack of use. Bitcoin and crypto in general is in a price discovery phase. When it comes to adoption and spending, privacy is a 10x improvement. I anticipate Bitcoin will adopt sufficient privacy, but I'm starting to doubt.
I used to think Monero was a great idea. But honestly, I'm not so sure anymore. nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p has a great video talking about this issue. I think he's brought some good points to the discussion. https://youtu.be/1LTT7wwyUAQ
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