It misses the point Even though privacy is important and monero is proof of work, the arms race was to build a trustless network. Bitcoin won this Even though the problem with banking is trust and privacy, the key one is trust and that is the amazing feat of Bitcoin. Trust can only improve over time (even in your own life with other people) so no one can catch bitcoin (as in even if BTC 2.0 is better, it can’t make up the time lost) Building a coin that’s focus is privacy won’t save the world. Building one based on trust (or the lack of) will Bitcoin also has many solutions to improve privacy and anonymity. Monero at all times is susceptible from a 51% miner attack from bitcoin Check out my video on the topic, see link below