Quote from: BitChick on September 15, 2014, 08:05:35 PM

Quote from: NewLiberty on September 15, 2014, 11:45:31 AM

Quote from: rpietila on September 15, 2014, 10:57:56 AM

Quote from: JayJuanGee on September 15, 2014, 10:47:25 AM

I remain a little bit puzzled why you seem to want to continuously get your Monero book digs in - when in reality BTC is the ONLY "real" game in town.

Monero is the first alt (okay some said LTC a year ago..) that functions as a hedge to Bitcoin.

Same as Bitcoin is a hedge to paper assets.

Gold is a hedge to all.

This is very precious, to find an asset that has good positive EV and is a hedge. Everyone who has BTC does a pareto-improvement move by buying XMR, with 0.25%-5% of the holdings. This has nothing to do with taking a position, it is a slam dunk move if you invest professionally.

Monero is quite a bit more than merely a hedge though.
It holds a separate non-trivial innovation track that is not developed in Bitcoin.

Do people foresee Monero being used alongside Bitcoin in the future? Or is there a belief that because it is superior it will take over Bitcoin at some point?

I would think that it would be very difficult with the amount of traction Bitcoin has gained at this point for any cryptocurrency to dominate BTC.

I think it is a correct question to ask (BTC vs upcoming alts), but very difficult to predict the outcome.
is BTC a yahoo to some (XMR? other?) google?
The technology has to be better and the team behind the coin has to be better, plus frontrunner should experience multiple setbacks at a critical time.
none of this is currently foreseeable.