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Are other cryptocurrencies meaningless compared to monero?

A growing coalition of people is challenging the significance of cryptocurrencies such as Bitcoin (BTC), XRP, and Litecoin (LTC), asserting that Monero stands alone as the best choice for privacy and anonymity in digital transactions. Recent comments underscore ongoing debates over the role of other coins in the crypto ecosystem.

By

Derek Lee

Jan 22, 2026, 09:37 PM

Updated

Jan 23, 2026, 03:23 PM

2 minutes reading time

A graphic representation of Monero symbol surrounded by BTC, XRP, and LTC symbols, highlighting Monero's significance in anonymous transactions.

The Singular Value of Monero

Supporters argue that Monero is the only true cryptocurrency, emphasizing its dedication to user privacy. A commenter noted, "I donโ€™t think theyโ€™re meaningless, but the more time I spend in the crypto space, the more I find Monero being the most meaningful." However, some individuals express skepticism about its limitations.

"Monero can only do value transfer and lacks programmability," stated a person, highlighting a perceived need for more sophisticated functionalities beyond basic transactions.

Shifting Perspectives on Alternative Coins

Recent discussions reveal a divide among people regarding the relevance of other coins:

  • Usage Concerns: One user pointed out that while Cardano may boast innovative features, it's rendered meaningless if nobody uses it: "Nobody is using Cardano thoughโ€ฆ"

  • Utility Beyond Currency: Another commenter emphasized alternative coins, such as Chainlink (LINK) and Ethereum (ETH), showcasing that some coins can thrive outside the traditional currency framework. They observed, "As a currency itโ€™s clearly in the conversation as one of the best ever to exist. Outside of currencies, some of these other coins have amazing use cases."

  • Uncertain Future for Monero: The future remains unclear. Another person expressed worry about Monero's visibility: "Right now, Monero is being pushed into shadows What future holds is very uncertain."

This discourse demonstrates a noticeable variety in sentiment. While many hold Monero as the gold standard for privacy, others insist that specific functions are essential in a multifaceted crypto arena.

"Itโ€™s just noise to complicate money. Canโ€™t we let money just be money?" a commenter remarked, emphasizing a desire for straightforward transactions.

Key Insights from the Recent Discussion

  • โœ… Monero is highlighted as the go-to option for anonymous transactions.

  • โ–ฝ Doubts persist regarding Monero's functionality compared to programmable alternatives.

  • โœฆ Not all agree on the significance of coins like BTC, XRP, and LTC, with some acknowledging their potential utility in different areas of blockchain.

As the debate continues, Moneroโ€™s proponents may focus on enhancing its status, especially as privacy grows more critical for many people in 2026. Meanwhile, established cryptocurrencies like Bitcoin and Ethereum are expected to adapt, ensuring their continued influence in a competitive market.