Quote from: hatshepsut93 on November 21, 2023, 11:42:01 PM

Quote from: barto123 on November 21, 2023, 12:04:43 PM

Also scaling is another issue, Bitcoin fees are 1000x Monero fees.

Because Bitcoin is used 1000x more often than Monero. If Monero would reach the limits of its capacity, it would have high fees too. And since Monero is not using any different blockchain architecture that would make it more efficient than Bitcoin with block space, you can't say that it's more scalable just because the devs chose to have higher block size cap. Raising the size cap is trivial, dealing with the consequences is not.

I've seen Monero's transaction volume range from 3% to 20% of Bitcoin

https://localmonero.co/blocks/stats/transaction-stats

https://ycharts.com/indicators/bitcoin_transactions_per_day

A lot of Monero's transactions are used for real commerce on dark net markets & now a bunch of websites - marketplaces, gift cards, internet services (VPN providers), esims, online shopping etc

Bitcoin has a lot of the same sure, except it's used as gateway from fiat, so there's a lot of transactions that are just moving money, not spending.

Monero is being spent a lot, it's not a hodl culture. Spending is ultimately how we win. It's real adoption.

The demand for privacy is clearly growing, on every level. I've never seen so many people have degoogled phones, ditch their surveillance apps, software, operating systems.