Can Monero replace Bitcoin in long term?

In my opinion, no cryptocurrency will be able to replace Bitcoin. Despite the emergence of many new coins and technologies, Bitcoin remains the most established, widely recognized, and trusted cryptocurrency in the market.
 
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I think it’s unlikely that any cryptocurrency will be able to replace Bitcoin.
 
Not likely, BTC is getting actively adopted by institutions and governments while the opposite is happening to XMR.
 
I don't think any cryptocurrency is likely to replace Bitcoin anytime soon.
 
No, it’s not likely because while Monero may have some good uses for privacy, Bitcoin is way ahead of it in popularity and liquidity.
 
If I'm still around in 15 years I'll come back to this thread and see who was right and wrong
 
Highly doubt that would happen, i understand your point with privacy, monero and zcash will probably run the show, there's also Midnight project that recently launched on cardano that's focusing on privacy and im sure many more will come with better use case that btc, but there's only 1 bitcoin and most of its value is because its scarce
 
Monero definitely has strong privacy features, but I don't see it replacing Bitcoin anytime soon. Bitcoin still has a huge advantage in adoption, liquidity, and institutional support. think Monero will continue to have a place for people who value privacy, while Bitcoin remains the dominant mainstream cryptocurrency.
 
Monero can do things that Bitcoin can't, but Bitcoin will always be the #1.
 
Lunos said:
In my opinion, Monero has the potential to replace Bitcoin in the long term.

Bitcoin is no longer truly anonymous and is subject to strict regulations.

Monero and Zcash are the only major cryptocurrencies that are currently still truly anonymous and can practically never be regulated.

Essentially, Monero is today what Bitcoin was in the 2010s.

What do you think about it?
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With political refuges yeah lol. And people of society that are outside of certain 'zones' in the near future. But, you do realise that to buy crypto. Unless you have some sort of service, or mine it you need to give up ID to an exchange. That's what iam talking about. People still refuse to do that. So you cant be talking about the general public. Maybe only crypto enthusiast or users. At least thats the way I see it. And if thats the case YES. If not hell no.
 
I know a huge ammount of people around the world that focus their main crypto investments in xmr, myself included between then. And it's waaaaaaay more used than you can think of. It will never replace bitcoin, but will always remains as a good option for privacy focused people
 
I think XMR will always have its place in the space, since there’s always going to be people that will value privacy. But I don’t think it’ll ever happen that XMR tops BTC.
 
I don’t see Monero ever replacing Bitcoin. Monero may be better as private digital cash, but that same privacy makes it far harder for regulated exchanges, institutions, and governments to support. Major platforms have already delisted or restricted XMR in several markets, while Bitcoin has moved in the opposite direction and gained regulated exchange-traded products and broader institutional access.

Bitcoin’s real advantage is not superior technology - it is history, liquidity, brand recognition, and the fact that the market has already chosen it as crypto’s reserve asset. Monero can remain extremely valuable for people who actually need privacy, but that is a niche, not a replacement. Privacy is Monero’s greatest feature and, commercially, its biggest handicap.
 
There’s no coin/token out there that will ever surpass BTC, by now it’s market share is so far ahead that it’s probably going to stay #1 forever. As it should, in my opinion.
 
In my opinion, Bitcoin is still the leading cryptocurrency, and I don't think any other cryptocurrency will be able to replace it.
 
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