But how are you going to get people to invest in Monero for profit when its price is almost 70% below its ATH it achieved 3 years ago? On the other hand, in the same period, BTC achieved a price increase of about 100%.
Monero has much bigger growth potential, it has much more stable price when it comes to FIAT pairs (Bitcoin is too volatile to compare) and it's not an illusion that it is being used more than Bitcoin for purchases.
The fact that the price of Monero will increase because people (allegedly) use it more and more for transactions is just an illusion, because let's say I live in the EU in a country where private coins are literally banned, you can't trade with them or pay anywhere, while on the other hand with BTC you can buy literally anything you want.
I live in EU and use it often, you can't ban Monero because it is fully decentralized and has a working DeX.
It's like with BitTorrent protocol and piracy content, it's illegal ? yes, did they manage to stop it using all the Hollywood money ? Nope. Why ? Because it's decentralized.
The price of BTC is currently driven by some other factors and has almost nothing to do with whether BTC will be used less and less as a currency.
Yes, this other factors are: Speculation, Speculation, Speculation.
Edit: Forgot about Promises, endless promises of L2's fixing this unscalable junk. L2's that can't even work properly when network has too much traffic due to too small block.
You are talking about possibility of paying with Bitcoin anywhere sometime in future while with Monero you can already do so, you can buy anything from Amazon using Monero:
https://monezon.com/Now let's say EU decides Bitcoin is illegal, now what ? it's F-ed because it's transparent and so too dangerous to use.
Privacy by default on protocol level ensures that whatever this gov monkeys decide, we will still be able to use it.
The problem with Bitcoin is that people don't want to use it because it's too expensive and too slow to use even today.
That's why Steam platform and other big companies have ditched it, that's why it failed to adopt in El Salvador.