Warning: LONG READ
TL;DR: Monero is going to encapsulate a similar growth cycle to Bitcoin's, Privacy, agency and its extremely decentralized nature will create a FOMO storm, a new narrative for the next many years, an uprising against the control and attack on our free will as citizens.
_________________________________________________________________________________
These past few years we've seen an incredible surge in surveillance, government intervention, banks freezing funds, the list goes on, of which has led many people into deep frustration and dissatisfaction with the system.
However, what it really boils down to is the lack of agency, and within that, the lack of privacy.
This coming storm of rebellious action against the system of surveillance and control, will mean new market possibilities, and Monero is an obvious pick.
Despite its headwinds throughout the years, Monero has had incredible resilience, likely due to its very nature, providing exactly what it means to provide, privacy, agency, and decentralization.
Bitcoin has led the frontier of agency and decentralization, but an ever increasing concentration of mining power, means that its decentralization is being partially eaten away at, losing some of its initial pull of being "The people's money"
Slowly turning into a transaction-less store of value, where more and more people simply hold on without actually using it, Bitcoin was never going to have any future as a sort of day-to-day cash or money that some people were hoping for.
This should have been obvious all along, even in earlier days, that the adoption would eventually lead to stagnating transaction count, aswell as miner & ASIC concentration, meaning an ever, not increasing, but instead decreasing decentralization.
Bitcoin in its earlier days was also seen as a private, but this is simply a lack of studying Bitcoin, because its always been clear as day that we would eventually run our heads against the wall.
With states having tools to track everything, and firms like Arkham who recently uncovered Strategy's (MicroStrategy) Bitcoin wallets, where Michael Saylor prior had stated he would never unveil the adresses or location of said Bitcointo preserve privacy, well, of course someone was inevitably going to find out, Bitcoin is after all, a fully transparent blockchain, which is also good in its own sense, but that brings us to the exact problem we're facing now.
And no, i don't think Bitcoin is going anywhere.
But how are we going to take back that decentralization, take back our privacy (we never had it on Bitcoin but it certainly pushed the value thinking it did) take back our agency AND have an actual day-to-day use case where we can transact without being taxed in gigantic fees for even the smallest sums?
Monero, and it has been Monero for over a decade now.
Monero ticks all the boxes that people are so desperately trying to figure out, and Monero is slowly creeping up again, seeing impressive price increases despite its recent scrutiny, with the EU set to ban it in 2027.
Whitewashing, crime, all kinds of illegal activity, that's what the nations and states see Monero as, and for the vast majority of people, it keeps them from buying the asset, in fear of being punished for owning or using it.
Do you remember the early days of Bitcoin? I certainly do
Countries & influential people would hang Bitcoin out for being only used for criminal activity, and being nothing more than a pyramid scheme.
Again, it should be obvious that it would never be the case, a completely transparent blockchain, crime? really? the smartest criminals are not THAT stupid.
Yes, many criminals probably use Monero, the same way as criminals use dollar bills for crime, because its for a large part untraceable.
But is that untracability a feature or a flaw?
In Monero's case, its a FEATURE
A feature so undervalued, you can't even begin to comprehend the sheer size of its importance
And no, I don't support criminal activity, but Monero being used for it simply means that it is doing exactly what it sets out to be, private and untraceable.
Its not the form of money's job to fix crime, that's the job of the government and politians we "elect" in our "democracy"
It is crystal clear to me, that Monero will create a throne for itsself in the top, claiming the original purpose of Bitcoin, The people's money.
Untraceability, Privacy, Decentralization, Agency.
These key features aswell as the scrutinty it is facing on the national level, will nothing but fuel the FOMO.
The ultimate resilience, the ultimate cryptocurrency.
If you're still this early, i sincerely salute you, and congrats on life changing wealth and privacy.
XMRUSDT.P XMRUSD XMRUSD
TL;DR: Monero is going to encapsulate a similar growth cycle to Bitcoin's, Privacy, agency and its extremely decentralized nature will create a FOMO storm, a new narrative for the next many years, an uprising against the control and attack on our free will as citizens.
_________________________________________________________________________________
These past few years we've seen an incredible surge in surveillance, government intervention, banks freezing funds, the list goes on, of which has led many people into deep frustration and dissatisfaction with the system.
However, what it really boils down to is the lack of agency, and within that, the lack of privacy.
This coming storm of rebellious action against the system of surveillance and control, will mean new market possibilities, and Monero is an obvious pick.
Despite its headwinds throughout the years, Monero has had incredible resilience, likely due to its very nature, providing exactly what it means to provide, privacy, agency, and decentralization.
Bitcoin has led the frontier of agency and decentralization, but an ever increasing concentration of mining power, means that its decentralization is being partially eaten away at, losing some of its initial pull of being "The people's money"
Slowly turning into a transaction-less store of value, where more and more people simply hold on without actually using it, Bitcoin was never going to have any future as a sort of day-to-day cash or money that some people were hoping for.
This should have been obvious all along, even in earlier days, that the adoption would eventually lead to stagnating transaction count, aswell as miner & ASIC concentration, meaning an ever, not increasing, but instead decreasing decentralization.
Bitcoin in its earlier days was also seen as a private, but this is simply a lack of studying Bitcoin, because its always been clear as day that we would eventually run our heads against the wall.
With states having tools to track everything, and firms like Arkham who recently uncovered Strategy's (MicroStrategy) Bitcoin wallets, where Michael Saylor prior had stated he would never unveil the adresses or location of said Bitcointo preserve privacy, well, of course someone was inevitably going to find out, Bitcoin is after all, a fully transparent blockchain, which is also good in its own sense, but that brings us to the exact problem we're facing now.
And no, i don't think Bitcoin is going anywhere.
But how are we going to take back that decentralization, take back our privacy (we never had it on Bitcoin but it certainly pushed the value thinking it did) take back our agency AND have an actual day-to-day use case where we can transact without being taxed in gigantic fees for even the smallest sums?
Monero, and it has been Monero for over a decade now.
Monero ticks all the boxes that people are so desperately trying to figure out, and Monero is slowly creeping up again, seeing impressive price increases despite its recent scrutiny, with the EU set to ban it in 2027.
Whitewashing, crime, all kinds of illegal activity, that's what the nations and states see Monero as, and for the vast majority of people, it keeps them from buying the asset, in fear of being punished for owning or using it.
Do you remember the early days of Bitcoin? I certainly do
Countries & influential people would hang Bitcoin out for being only used for criminal activity, and being nothing more than a pyramid scheme.
Again, it should be obvious that it would never be the case, a completely transparent blockchain, crime? really? the smartest criminals are not THAT stupid.
Yes, many criminals probably use Monero, the same way as criminals use dollar bills for crime, because its for a large part untraceable.
But is that untracability a feature or a flaw?
In Monero's case, its a FEATURE
A feature so undervalued, you can't even begin to comprehend the sheer size of its importance
And no, I don't support criminal activity, but Monero being used for it simply means that it is doing exactly what it sets out to be, private and untraceable.
Its not the form of money's job to fix crime, that's the job of the government and politians we "elect" in our "democracy"
It is crystal clear to me, that Monero will create a throne for itsself in the top, claiming the original purpose of Bitcoin, The people's money.
Untraceability, Privacy, Decentralization, Agency.
These key features aswell as the scrutinty it is facing on the national level, will nothing but fuel the FOMO.
The ultimate resilience, the ultimate cryptocurrency.
If you're still this early, i sincerely salute you, and congrats on life changing wealth and privacy.
XMRUSDT.P XMRUSD XMRUSDNote
Forgot to add the image haha, alas. Enjoy!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.