Monero is missing one, very important thing: being the absolute mathematical scarcity.
It also doesn't scale. The network security isn't where #Bitcoin is neither.
But being the absolute mathematical scarcity is the main reason.
Discussion
Ok, less important for transferring value in the short/medium term, but I won't argue
Would you be a proponent for Bitcoin implementing MWEB? It completely hides amounts and addresses, ephemeral like Lightning, and is truly scalable unlike Bitcoin, Lightning, or Monero
Not yet. Let it run on shitcoin chain for a few years and see how it goes.
I would argue a privacy on chain isn't future proof and still prefer LN to break the link between my addresses.
Without the absolute mathematical scarcity, there won't be any value to transfer. So yes, it's important.
Gold has more annual inflation than Monero and the best SoV for several millennia, so that answer isn't very satisfying. Bitcoiners hyperfocus on supply and ignore demand. Without any demand you can have 1 Bitcoin and it is worth nothing if no one wants it.
Utility brings demand and absolute scarcity isn't necessary for value (I'm not saying Bitcoin is without value either). It's not all or nothing.
Utility creates demand and demand defines the price that is paid for the utility. Utility is bought and paid for when it is needed.
You don't buy 1000 vouchers for haircuts today, you pay for one, when you need it. With depreciating FIAT or scarce #Bitcoin.
MAYBE in the future you will also buy some Monero, Ethereum, ….. or whatever your heart desires in the short term. Because you MIGHT just need it quickly.
Yes, and Bitcoin has it's own utility. A long term SoV or digital asset. This utility is also bought and paid for when needed. It makes no sense for me to buy Bitcoin if I'm going to need to spend it in the short/medium term.
It is not an ideal MoE/currency.
That is a big reason why many in the third world don't use it and overwhelmingly prefer Tether USDT (Despite what some bitcoiners would like to believe).
Or why it grows increasingly rarer to see Freenet markets solely using Bitcoin to transact. Where privacy+cheap txs are paramount Monero is preferred. Some even exclusively.
All depends how often one gets haircuts and how far out one predicts needing them.
You can get discounts for buying anything in bulk.
It would be more expensive to pay for 1 voucher with Bitcoin every time you need one instead of buying many vouchers to hold and use in the short/medium term.
Most users are onboarding to all crypto thru depreciating fiat. That includes Bitcoin.
Any crypto can be swapped to and from Monero, that isn't an exclusive privilege of Bitcoin.
Ok fair, I ony bring it up because I thought you might appreciate the ephemeral aspects of MWEB since you like that aspect of LN