but seeing how I want privacy and fungability in a coin, I'll chose Monero
Monero is not fungible. It's *invisible*.
Fungible means that units of the currency are capable of mutual substitution. To assert fungibility you need a transparent blockchain because that allows public consensus to verify that what you've parked at your address is the same commodity as is parked at all other legitimate addresses on the network and is therefore capable of said "mutual substitution".
What inhibits Bitcoin's fungibility is not the fact that the blockchain is transparent, it's the fact that detectable patterns can build up over time which allows certain parts of the money supply to be identified distinctly from others. The answer to this problem isn't to bury the whole blockchain and make it invisible - because then you don't have money any more - it is to mitigate the formation of sustainably traceable patterns of monetary movement.
Fungibility is also closely related to monetary confidence because most people require to know that what turned up in their wallet originated in a genuine address and that there is public consensus of that fact. Thats done by watching said 'genuine originating address' balance (that you valued) reduce and your address balance increase by an equivalent amount. You now have confidence that what your wallet contains did in fact originate on the real network because you saw it move from that real network into a new address that you control and so did everybody else. Nor is there any implication for anonymity here - the network remains anonymous as long as *real* fungibility is maintained to a satisfactory level.
In Monero, transactions originate from f*ck knows where and disappear into f*ck knows where using a wallet developed by f*ck knows who because 3rd party wallets are apparently "fine" in this type of environment. Hello ?
It's a nice cryptographic bookkeeping system but it isn't money.
No. Monero IS financial censorship (see discussion above).
I think at this point it's fair to say that everyone on Bitcoin Talk is aware that Monero is the successor to Bitcoin proper.
IMO, Monero hasn't a snowball's hope in hell of gaining significant adoption, never mind getting anywhere near Bitcoin's marketcap.
For all the ranting that goes on from XMR bagholders about "math", it's had the one thing that gives money its value - public consensus - comprehensively designed out of it and thereby been left monetarily impotent.
As for "anonymous and private", so is anything that's invisible. (Think tooth fairy).
