Comment by bilsbie
I always wonder why monero isn’t more popular?
I always wonder why monero isn’t more popular?
That's a long-winded explanation of the fact that most people don't care about Monero's privacy benefits, so the only way Monero will be more popular is if someone funds a marketing campaign for it.
On- and off- ramps suck. And there isn't much speculative value. So it misses the main 'use case' of crypto.
Its by far the best crypto-currency for making payments. But people care very little about making payments with crypto, and exchanging between Fiat and Monero is very difficult, so its not an easy payment system either.
Overton window. There is a lot of funding for youtube influencers to play with casino coins that are transparent and traceable. Those are basically looking for "money goes up" and don't really care about the crypto part.
Monero is only on the news for negative reasons when someone tries to bring it down or delists from yet another exchange. There isn't funding to make it popular, which I guess in the end it is really up to Monero users from pushing it up.