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.
Also, can you elaborate on "we might be past the fungibility point with BTC"? =)
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Similar to criticims re ZEC where only very low % of total transactions are z-addresses on both sides, hence discernible due to asymmetry. For BTC, we might be past the point of introducing CTs such that this ZEC criticism won't apply. Also CTs are still impractically big/bloaty.
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Yup. ZEC hopes to achieve mandatory privacy in the next 2-3 years.
End of conversation
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