so you think bitcoin is only worth more and more every cycle because it is first mover and poor little monero would otherwise not be pegged to the dollar as it practically is

no, that's because monero has no SoV capacity, because whatever you moranos say about it being auditable, it's still questionable whether there is not an open ended possibility of an inflation bug and people are only using it for the black market so its basically being used as an intermediary only, nobody is holding it, nobody

so, whatever you think about the "value proposition" of bitcoin is obviously missing more than just FMA to why bitcoin is staying ahead of inflation

it could be the fact that its auditabilty is unquestionable and complete maybe?

when a commodity wants to become a medium of exchange, its first use is always store of value

precious metals were this originally, just a way of holding a lot of value that didn't decay, so, it stores the value

then they made it easier to transact with by minting it, so the cost of trusting it was lower. this is actually the same thing as the auditability issue - it makes certainty about the quality of the asset cheap to assess, not like a fancy gold necklace that could just be gold plated steel, where proving it's worth something is expensive

without the ready, easy to determine, and certain evaluation of the value and provenance of the asset, it can't be a store of value and thus monero is fundamentally broken as a money from its initial premise

just get over it, after 13 years or however long it has been, monero has done nothing to become more widely adopted than bitcoin

bitcoin could and still is being used for black market

and it's also good for ETFs and lightning network use, even this ordinals shit couldn't be done on monero

monero is too narrow in its purpose and its real use case is very much limited to the "value proposition" you speak of

otherwise, explain why bitcoin has got so many other uses giving it additional value, and monero doesn't

because nobody trusts monero, monero can't be counted with absolute certainty, nobody is holding it so nobody wants to hold it

until you get that loop of holding - demand for holding you have got fidget spinners

and on that last point, any analysis of the history that doesn't acknowledge that the market is rational and makes this assessment is literally both retarded and misanthropic

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The market is never rational, it's all about future expectation, it's a full speculation, nothing about the present. What happened in 1929 ? 2001 ? 2008 ? In history, there is a bubble every time, bubble is just a wrong expectation. Is it rational that Bitcoin lose 90% in few months ? The market is driven by sentiments, if market where rational, pump and dump because of nothing will not happen, up and down movement should only happen when a news come in, but... it's not like that, so the market is not and will never be rational. If you want a rational market, humans should not be able to buy or sell, only programs which are making decisions with news, because humans are driven by emotions, we love, we hate, we have expectation and hope, nothing rational here. Why do you buy Bitcoin ? Because you think it's the best store of value ? Maybe you are wrong, so, isn't a bubble ? Who knows ? What is rational ? What is not ? Maybe you have right, maybe not. It's all about speculation, isn't ? We are betting isn't ? Maybe Bitcoin will be hacked, maybe it will be shutdown, maybe the US Government will suddenly ban it ? Do you know the future ? So, what is rational ?

...So you agree that darknet markets are rational and correct to go with Monero over Bitcoin too