Core Insights - Monero (CRYPTO: XMR) is being considered by some investors as a potential candidate to become the next Bitcoin due to its unique feature of providing on-chain privacy by default [1][2] Group 1: Comparison with Bitcoin - Bitcoin's value is derived from its fixed supply of 21 million coins and a clear investment thesis based on scarcity, which makes it easier for holders to understand its supply policy [4] - Monero's supply policy is more complex, transitioning to tail emissions with permanent block rewards that began in 2022, leading to a constant but small dilution of value over time [5] - The annual dilution rate for Monero is approximately 1%, which complicates its supply and demand dynamics compared to Bitcoin, which does not require new demand to absorb ongoing issuance [6] Group 2: Current Status and Challenges - Monero is currently popular as a privacy coin but faces growth challenges that Bitcoin does not encounter [7]