Lol at XMR being insignificant..This is hilarious
.... Monero is the most trusted, and most used anonymous cryptocurrency on the planet.
Everyone has adopted Monero for it's anonymous, untraceable properties. There is nothing like it.
I don't even own Monero, but I respect it.
Who adopted to monero? Can you provide some example merchants who adapted it? Or you mean adaptation for trading on polo in circles, for the sake of trading without any real life usage?
There are many things I like about BBR
However, in term of merchant acceptance, no alt coin can surpass XMR. Why? Because with xmr.to Monero is accepted by 100% of all bitcoin merchants today!
100% of bitcoin merchants can be paid with Monero anonymously today.
Check out
https://xmr.to/ to learn more. They also have an API merchants can use to make things even easier
One caveat is that xmr.to offers one way conversion as of right now (which is fine for paying btc merchants). shapeshift conversions are 2 way
Involving third party (xmr.to) to your private and anonymous transaction is far from good and has no sense. If you want to involve third part to you transaction to pay btc address, you can just involve any bitcoin mixing service or whatever and use bitcoin directly. No reason for having monero at all.
This is not correct because BTC on both sides of a mixer is traceable, so if the mixer is logging or spying on you (or itself being spied upon), you are pretty much screwed and may not even know it. On the other hand, if you have a service like xmr.to that takes XMR in and pays BTC out, then the XMR can be untraceable, meaning even if the BTC side is traced, and even if the service itself is spying on you, your transaction still can't be traced.
(Of course it goes without saying in this discussion that xmr.to does not require user registration and that you are accessing the service web server in some untraceable way, whatever you think that is; VPN, Tor, public WiFi access point, etc.)
That's a pretty good reason to use it. In theory this applies equally to other reasonable cryptonotes (including BBR), although in practice having the most usage, most users, and most liquidity still gives XMR the edge.
But where we agree is that more usage overall directly without needing any gateways would be better, in an ideal world.