RE: Lessons from Dash community Vs PIVX: How to act like the Adult in the room and stop the pointless hostility to embrace the Currency Competition
Monero is everything BTC promised to be but has failed to deliver.
Aside from that, what I find frustrating is that DASH and ZEC have higher valuations than Monero simply because they are pre-mined corporate style endeavours with marketing teams and corporate relationships etc, so they have the money to pay full time developers and get stuff done more quickly, and do corporate outreach for partnerships, and gain more rapid widespread adoption.
Monero is just doing the legit decentralised transparent community based approach. Monero actually is what everyone claims to support, but don't always actually support.
I'm still hoping for Monero dominance though, because despite the handicaps of being entirely operated by volunteers and reliant upon donations, it still has the best privacy and tech features out of all of them. (It also has the most upside - so much more growth available when it gets more user-friendly wallets for a start!)
Monero will certainly climb up with User friendly wallets. But dominance is never going to happen without proper governance, scaling, cheap Tx and business integration. IMO the biggest flaw of Monero is that it's a coin without a governance model entirely operated by volunteers and reliant upon donations.
I have a hard time betting on a currency with no self-funded treasury. I'm not a massive fan of ZEC but Snowden seems to be impressed with the team of professionals. That does say a lot. The trusted setup isn't something I like very much. But then the zk-SNARKs really gets the geek in me light up.
Also I'd like to share these 2 links: https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html
https://www.reddit.com/r/dashpay/comments/65fz68/dashs_privacy_feature_has_never_been_broken_turns/
For 2 years Monero was an unintended scam. Their privacy didn't work. I still mine XMR as a token of support for the fight against fiat money. But Monero doesn't exactly impress me.
Anyways, thanks for stopping by to comment.