Oh no, I like that they're doing it. It's just ironic, and in terms of marketing effectiveness to drive retail fomo, I would guess an uphill battle at best.
Discussion
I think Monero/Zcash will significantly outperform Bitcoin in the coming years.
It takes a lot of money to move a $2T market cap and the writing is on the wall that privacy/zk is the next big speculation narrative.
Zcash will probably do better because there's CEX on ramps, but I prefer Monero.
Cool. I get the reasoning. I try to keep an open mind and engage with monero crowd sometimes, but still fall on the BTC maxi side at the end of the day. May we both win 🥂
I'm rooting for Bitcoin too. It's played an essential role in transforming fair internet money from "darknet drug money" to a legitimized "digital store of value."
Overthrowimg the privately-owned, centralized, fiat ponzi system that fuels war, racketeering, rent-seeking, and debt slavery is what matters.
My ideal future state is Bitcoin as government and public company money and some privacy technology for individuals.
Public ledger for public companies and institutions and private ledger for private companies and individuals.
Maybe in some bizzaro turn of events, State "captures" bitcoin, people flee to monero and rug that state. I'd be ok with that 😂
The state already capture Bitcoin. Every conference is filled with suits talking about regulation and treasury companies. On-chain privacy for Bitcoin gets developers thrown in federal prison. Non KYC coins are met with regulatory scrutiny at any centralized checkpoint, especially if on an OFAC sanctions list.
Good luck with that.