A couple things to consider here… #bitcoin was designed to be transparent, it’s a feature. While I 💯 agree that privacy in financial transactions is imperative for private citizens, if a money is going to take over the world economy/financial system then public entities and people in the public sector should not be afforded the same privacy.

If the most secure monetary layer (BTC L1) is the settlement layer and also the most transparent, then transactions of political and public interest can be and will be subject to review by all. This means corrupt politicians, governments, donors, banks, lobbyists etc can’t hide their bullshit anymore.

As for the private sector, there are L2 solutions that enhance/provide scalability and privacy for the everyday pleb transactions that should remain anonymous and private.

Everything has trade offs, you can’t create a neutral, global, digital monetary network intended to subvert the global currencies without considering everything. If an L1 public ledger is necessary to root out government, political, and financial corruption, and then adding a feature-rich L2 for smaller players is necessary for smaller/private transactions…so be it.

This is my perspective and opinion, I’m not saying #bitcoin from a technical standpoint is better inherently than #monero. I’m just considering the entire macro viewpoint of what it would look like for a sound money to infiltrate the world’s banking and geopolitical systems. To me, it looks more like L1 and L2 #bitcoin.