I think Monero has value and is probably oversold but ultimately has a lower TAM than Zcash At first I was a Monero maxi bc I believed in the absolutist view of privacy. All transactions have to be private or else the leakage makes the system non viable I’ve come around. Money is a social technology. It exists within the context of our society and institutions Look at a private Swiss bank account. What’s so dope about it? The fact that it’s still a fully functional bank account. The fact you can buy groceries, pay your mortgage, etc… all from the bank account is what makes it dope. If the Swiss account was rejected in 19/20 venues, or you could only buy drugs with it, it would be inherently less valuable This is the root issue with Monero. Is it private money? Yes. Is it good private money? No, or at least it’s less useful private money. Institutions cannot come around to integrating Monero for the simple fact that sometimes in society, you just have to prove your money is not from terrorist money laundering Monero is also just less competent than Zcash, which matters during this time of AI stress. No formal verification, No quantum resistance, FCMP++ is cool but on an unknown timeline, etc…