>Well yes, but who would to want to use Bitcoin as a medium of exchange now?
The same people that have always made up the bulk of actual bitcoin payments - people buying things on the dark web from markets that haven't integrated Monero yet.
The same people that have always made up the bulk of actual bitcoin payments - people buying things on the dark web from markets that haven't integrated Monero yet.
Well yes, but who would to want to use Bitcoin as a medium of exchange now? The period of fee inflation will surely have killed that off for all but trivial uses.
Similar rationale with Bitcoin as a store of value. A 7% 30 day vol vs USD is, well, chunky.
As a vehicle for speculation and short term vol trading it's clearly still a thing but that's not quite what it was intended for.