I see bitcoin as digital cash and a store of value. So I disagree they are competitors. I think of money as having a store of value factor otherwise you’ll have to trade in and out of it to not be debased. No long term financial decisions can be made with a currency that isn’t keeping up with inflation. While I commend the monero community for being “in it for the tech and not caring about NGU” this price appreciation piece is extremely important to everyone else that isn’t in it for the tech, such as the normies.
Furthermore having two digital cashes doesn’t sound right to me, there’s always a winner throughout history of a better money and typically it was one with the scarcest supply. While I agree privacy is a fundamental right and tip my hat to you for trying at the base layer, I don’t believe monero is the answer.