The majority of Bitcoin's hashrate is KYC'd 😂. The state knows exactly who to target lol. Have you not noticed the massive public corporations mining Bitcoin for years now?
There is a clear path for Monero here: continue the current of trend of price increasing, with the current mining incentive structure that's less favorable to massive corporations (ASIC resistant). The trend points toward getting even harder to stop as time goes on.
The picture is much bleaker for Bitcoin. The trend towards intertwining Bitcoin with the state and regulatory frameworks is increasing, not decreasing. The % of regulated hashrate by massive corpos is increasing not decreasing.
Zoom out.
