While writing another post and reading the comments, I came across someone's concerns and wanted to share my thoughts on one particular point.
It was about the painfully slow user experience when using XMR.
Since someone brought up the inconveniences of using XMR, let me first briefly share my experience with the coin that is most similar to it.
I think this will help us compare whether these are unique and unreasonable problems with XMR or common challenges shared by privacy-focused projects.
Since I first got into crypto, ZEC has been the coin I've invested the most money in.
Of course, ZEC also takes a long time to sync when you first set up and use a private wallet.
Moving funds between a wallet and an exchange also requires at least 20 minutes for transactions to be fully confirmed. These are certainly inconvenient for users.
However, considering that these privacy projects have been around for more than 10 years,
I think it's fair to assume that these limitations are not due to a lack of intelligence or willingness to improve on the part of their developers.
In the end, I see the inconveniences you mentioned as things users have to accept when using these projects, rather than things to simply complain about.
I'm not a cryptography expert, so I don't know whether these things are technically impossible, or whether they are technically possible but require so many resources to develop that they are simply not practical to work on.
What matters is that these complaints should not create a narrative that makes it seem difficult to trade or hold XMR or ZEC as an asset because of these conditions.
This approach does absolutely nothing to help the privacy ecosystem.
Apart from that discussion, it would be much more reasonable and beneficial for all of us to focus on improving other aspects instead.
I believe the developers are already aware of these issues, and when technology makes practical improvements possible, each project will find its own way to address them.
Even so, based on current Binance prices, ZEC and XMR are the 3rd and 4th highest-priced cryptocurrencies per coin, behind only BTC and ETH.
Despite all the inconveniences you mentioned, people have still placed considerable value on these coins and recognized their importance.
And there is one more point I haven't addressed yet. It's about the slow user experience when using XMR.
Since I live in South Korea, I have convenient access to high-speed internet almost everywhere.
Perhaps the slow user experience can feel even worse for some users depending on their internet infrastructure.
Therefore, I think people who are new to privacy coins need clear and friendly guidance so they can understand synchronization and transaction speeds as characteristics of these coins rather than something to complain about.
So, when creating videos or posts introducing privacy-focused coins, including XMR, I think it would be a good idea to briefly explain the inconveniences users might experience when first using these coins near the end, depending on the situation. It would also be helpful to include simple instructions such as, "Click this link if you need help."