I'm all for monero, and have been keeping my eye on its development.
An important aspect of a private cryptocurrency is fungibility, which is something that only a truly private currency can provide. Bitcoin's public ledger means that coins found to be used for illegal purposes can be seized. This creates a greater demand for newly mined coins, and a lesser demand for older coins. Monero's transactions are hidden by their nature, so each monero is of equal value.
An important aspect of a private cryptocurrency is fungibility, which is something that only a truly private currency can provide. Bitcoin's public ledger means that coins found to be used for illegal purposes can be seized. This creates a greater demand for newly mined coins, and a lesser demand for older coins. Monero's transactions are hidden by their nature, so each monero is of equal value.