Could you imagine if the market caps were switched? Nobody on earth is using Bitcoin in that case. We only have to tolerate it due to first mover advantage and the hordes of people who got into crypto...
Just imagine if a cryptocurrency like Monero, which provides privacy by default, had emerged first, and then a cryptocurrency like Bitcoin, which transparently displays all transactions, had emerged later. How would people react? I think it's obvious:
"Why would I want my transactions to be transparent?"
Bitcoin was, in my opinion, invented to muddy the waters and poison the wells because <<<they>>> needed to take immediate action against the Cypherpunk threat. Bitcoin is a sinister product of social engineering. All the ultra-idiots who think they're ultra-smart fell for it easily.
"Why would I want my transactions to be transparent?"
Bitcoin was, in my opinion, invented to muddy the waters and poison the wells because <<<they>>> needed to take immediate action against the Cypherpunk threat. Bitcoin is a sinister product of social engineering. All the ultra-idiots who think they're ultra-smart fell for it easily.
