Can Monero replace Bitcoin in long term?

No

But it's much easier to carve out a share in the Monero ecosystem than it is in Bitcoin, for the purpose of making money.
 
I think that's a silly idea. Bitcoin is at the top of the cryptocurrency market. It will never be replaced.
 
well, with new epstein files showing that bitcoin devs might be controlled by someone, maybe it will be replaced
+ Ai and main technologies probably gonna start to track bitcoin holders soon or later and gonna tax all of them
when this happend? idk, honestly it's a big structure to do all of that, but its already possible, gonna just take some time to build a big AI center and connect all of that with US tax system
But, monero is very slow anyway, idk if it can even handle that amount of transactions, we will see of course.
 
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?
Zcash is most likely to be controlled by someone else, but not by it's original developers now. So, it's only monero right now.
 
well, with new epstein files showing that bitcoin devs might be controlled by someone, maybe it will be replaced
+ Ai and main technologies probably gonna start to track bitcoin holders soon or later and gonna tax all of them
when this happend? idk, honestly it's a big structure to do all of that, but its already possible, gonna just take some time to build a big AI center and connect all of that with US tax system
But, monero is very slow anyway, idk if it can even handle that amount of transactions, we will see of course.
From what I read they rather don't like Monero (see Binance etc.) because Monero transaction cannot be traced; Monero simply has been designed with this in mind. So it is rather doubtful that Moneo could replace Bitcoin completely. USDT maybe?
 
XMRs market cap is slightly below 7 billion, BTCs marketcap is currently sitting at 1.5 trillions. Safe to say that’s it’s not very likely that that’ll happen.
 
I think monero will become peoples coin..... now and before was bitcoin but with institution jumping to manipulate the bitcoin price and the heavy taxation of any gain from bitcoin peoples will turn to monero where institution don't have access to buy it on the exchanges or public. I believe monero will remain the peoples coin because of that and institutions and big investment funds will take over the bitcoin
 
Monero with Bitcoin are different coin with different selling rate/pricing to improve stake invest,quoting other crypto with different name to be Bitcoin is an error encounter/pronunciation.
 
Of course it won't, because Bitcoin is overhyped and has its own purpose—to unite the entire crypto market. Monero is only for true geeks, and only if the same structures aren't behind it.
 
Nothing will replace BTC, it’s got first mover advantage & is the only REAL decentralized project that started organically.
 
Bitcoin is crashing now but everything is coin is crashing with it. That's the influence that Bitcoin has over the cryptocurrency market. Monero will always be behind.
 
Bitcoin will always remain the king of crypto. By king, I am not referring to any prices, but referring to market dominance.
 
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?
Monero is far better for privacy, but replacing Bitcoin is unlikely—Bitcoin dominates as a regulated store of value, while Monero fills a niche as censorship-resistant private money.
They’re more complementary than competitors, and regulation will limit Monero’s adoption without eliminating it.
 
Monero is a solid project, and it does what it’s built to do, provide anonymity. But to replace BTC as a top coin it’ll need to have actual institutions and governments backing it, which will never happen.
 
From what I read they rather don't like Monero (see Binance etc.) because Monero transaction cannot be traced; Monero simply has been designed with this in mind. So it is rather doubtful that Moneo could replace Bitcoin completely. USDT maybe?
Monero is implementing new update very soon where owner of wallet could provide keys to show his transaction, most likely exchanges gonna just ask for this key if you deposit any crypto on exchange. Of course they woudn't let you use it until monero is too big to not add it on exchanges. And of course they have several goverments who are strict monero from using like EU countries.
 
I understand what you're saying, but I think they're completely different things. Monero is clearly superior in terms of privacy, but Bitcoin is already positioned as a store of value, as an anonymous medium, so to speak.

Besides, Bitcoin's institutional adoption and network effect are too large and difficult to replace, don't you think?

I think it's more likely that Monero will coexist as a privacy option, but I don't think it will completely replace Bitcoin; I see that as impossible, to be honest.
 
Due to continous regulatory pressures, Monero will continue with not much of institutional adoptions, with exceptions once a while. Bitcoin will remain to be a primary cryptocurrency.
 
while I do agree on your perspective about monero being way more anonymous than bitcoin, I still highly disagree that bitcoin will ever be dethroned, It is the first ever cryptocurrency and is fucking huge in market value, maybe if someone were to create something really revolutionary? or when all of its supply has finally sold out, maybe it will make room for another to take its place...
 
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