Protection against low interest rates (at 5,000 year lows)

It’s now normal that your bank pays near (0%) interest on your savings. The IMF (et al.) wish to transition to negative interest rates, as low as (-4%):

IMFBlog

This makes savings in fiat currency earn far less than the inflation rates in healthcare, food, childcare, housing, utility bills, & insurance:

Price changes

Wages

For institutions, governments, & pension funds - there is now $13 trillion in negative yielding bonds (providing a negative return):

World debt with 0% yield

Interest rates at 5,000-year lows

Bond yields

Protection against systemic risks of the global economic/financial system

Cryptocurrency is a relatively un-correlated asset class (that sits somewhat outside of the banking system):

"Crypto is seen by many of Fidelity’s [institutional] clients as the ultimate non-correlated asset, it will be the best alternative for diversification. As a relative safe haven from political and economic uncertainty, crypto will move to the fill the gap left when world events affect the financial system and more traditional types of asset start to seem less dependable."

Fidelity's questionnaire

Bitcoin's correlation with major assets

Systemic issues include:

Protection against capital controls

vs. Bitcoin (& other transparent-ledger alternatives)

To ensure privacy and (thus safety of funds):

Consider these:

Bitcoin never were completely anonymous, but it was somewhat anonymous for years until it started getting more attention. Companies specializing in Bitcoin deanonymization started to pop up and tools for deanonymization got better. At first so called Bitcoin mixers were used to reanonymize Bitcoins, but in some point governments started to shut those down and blacklist Bitcoins coming from certain addresses so that those tainted coins could not be used anymore.


To reinvigorate the urge to save money towards a better future

Money that aims to appreciate in value encourages people to save for a better future by providing incentives in which to save excess earnings/capital.

As opposed to the disincentives encouraged by legacy banking systems that make people spend more money and go further into debt:


vs. Gold & Silver bullion


As Medium of exchange (MoE)


As a Swiss Bank 2.0

It has been estimated that up to 13-21 trillion pounds or 26% of worlds wealth is being kept in so called offshore accounts. Those accounts can be considered to value privacy in general. Offshore accounts themselves are not illegal, but hiding the money is. Monero does have optional transparency ie. one can share the view key with all the institutions needed. If this money ever gets interested in Monero, we are talking about huge potential.

For example Satis Group's research try to take the offshore banking in the account and they estimate, that Monero could hit 6497$ in 2021, 18498$ in 2023 and 39584$ in 2028.

Here few quotes from the paper that summarize what they think may happen:

"Based on our forecasted growth of targeted markets by cryptoassets and defined share within each peer group, we believe the largest opportunity for cryptoassets will be in store of value markets (which drives substantial upside in particular for XMR and BTC)"

"The largest upside we see in the entire cryptoasset market is in the Privacy sector. Although Privacy networks are newer entrants, we believe the network effects seen from the likes of BTC earlier on will be repeated within dominant coins here. Not only do these coins target the same large and lower velocity store of value market as BTC and Currencies, they present a much deeper value proposition within those markets. As we stated above, the largest drivers of adoption within these networks will be continued pressure from capital controls, currency devaluation, and broader global turmoil. The use cases within the Privacy markets are incredibly sticky and feed on adoption, especially when regulators and law enforcement aremaking efforts to increase forensic penetration into public networks like BTC."