However, I believe that's not what OG was doing. Coins like the one he mentioned are used for illegal money transfers. So they actually have a use case unlike everything else in Crypto.

The total Monero market cap is too small to make a dent in any nations attempt to get around sanctions, but that would mean even a "small" amount of Monero use would pump its cap. And as its cap went up, its ability to process larger transactions would go up.

I still think that is valid long term reasoning, but the crypto market has so many different forces on it, so many hidden dynamics, that it's still better modeled as a casino than tech.

I thought I'd have to eat crow when Bitcoin hit 60k. At least, theoretically, I still thought it was dumb.

Just a tiny slice of just desserts. Hopefully more to come.

That's like discussing the USD and EUR under an article about Credit Suisse or Lehman.