Yes - SoV has strong network effects (the more people agree to it's value, the more valuable it gets), which implies a power law distribution. Thus, inferior + redundant competitors will have all their mcap drained.
Exactly. It’s a confidence game + cogntive beauty contest + Schelling Point search. They have to converhe to 1-3 big ones. A big question in many people’s minds is if a Privacy coin winner can carve out 10-20% of the SoV market. Thoughts?
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I think we might be past the fungibility point with BTC. My bet is on privacy altcoins (XMR, ZEC, GRIN) to make their own market.
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Agreed 100%. I think a "Public Neo-Gold" + "Dark Silver" is a likely future. I like to say I see: BTC 10T Privacy winner 3T Stablecoin winner 1T Grin will have like 20%+ inflation though -- horrible SoV, unless there is a separate fork (rumor). Thoughts on ZEC vs XMR?
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At this point pretty balanced - imo technologically ZEC > XMR and community/adoption ZEC < XMR. Comes down to two competing theses of what's more important in the long-run, so allocation to both makes sense.
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Agreed. I think XMR is more usable today but ZEC is a longer term bet with a more ambitious roadmap.
End of conversation
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