competition is not new in crypto currency.
At some point waves and stellar were firm competitors of etherum
they say litecoin can compete with bitcoin.
truth is, speculation will always exist in crypto currency.
Of course.
Although anonymous and privacy based coins have definitely created their scope and market but in my understanding governments do not like such coins where the transactions are not trackable so we may see a ban for all such coins but i hope nothing like that will happen and govts will be able to regulate them some how as well.
Truth be told it won't be banned in the US due to the Fourth Amendment, the right to privacy.
This is where the coins get it wrong I think. You can choose to see new coins as competition and the new coin can choose to see old coin as conpetition or they can choose to see one another as coins that can improve one another. Some features that Monero has the other must not have. And vice versa. When new tech presents from a new coin, the old ones should see this as opportunity to implement it.
Correct you have to remember there is such a thing as healthy competition, we learned alot from Monero and they will always be a milestone in the terms of privacy coins, at the same time scroda is also more than just a privacy coin.
Also it is to note the only reason Scroda is to be able to gain such features is mostly because of it having a fee-less blockchain if Monero wanted to implement the features Scroda has it would require doing some major but major changes to their network.