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this post was submitted on 12 Aug 2024
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To be fair, there are some services you can get with crypto (I have used those myself), and people (especially Monero community) are promoting a sorta-circular economy with it.
Monero has the additional draw for people who want their transactions really private, not just pseudonymously private. And the fact that some of those private uses may be unseemly I think keeps the VC money out of it. Which is a good thing.
You are much more likely to spend Monero because nobody expects it to get to $1000 or higher unless all of crypto goes up as well. So it is much more likely to get a robust transaction infrastructure.