Except that holding Monero is of rather less clear value. Sure, the ability to take $100, turn it into Monero, and turn it back into almost $100 that cannot be trivially traced to the original $100 is of some value. But this value is there for people who have no particular interest in Monero-the—asset. They want Monero-the-mixer.
If I put $100 into Monero and hold it, I’m betting that Monero is still worth something in the future. That’s a risky bet. For example, the Treasury department could sanction Monero. Or the next great mixer could come along and supplant Monero, making my old Monero mostly useless.
If I put $100 into Monero and hold it, I’m betting that Monero is still worth something in the future. That’s a risky bet. For example, the Treasury department could sanction Monero. Or the next great mixer could come along and supplant Monero, making my old Monero mostly useless.