Pros:
1% inflation
no fixed supply (makes it more of a currency than an asset)
privacy by default,
fungibility—every coin is the exact same, no coin history
prevents financial surveillance by corporations,
protects against government abuses,
useful tool for activists, journalists, minorities, useful for domestic abuse survivors,
useful for businesses sending money across borders,
protects against stalkers,
protects against advertisers profiling you,
reduces identity theft,
prevents databreaches of personal info,
pushes forward cryptography,
allows people to purchase drugs (you decide if this is good or bad),
prevents financial censorship,
allows anonymous donations,
low fees,
more decentralized than bitcoin due to RandomX CPU mining,
prevents crypto robbery,
allows you to buy your adult content without anyone knowing.
large developer community iirc 3rd after bitcoin, eth
less volatile than other cryptos
usually most used crypto for payments when accepted at merchants
Cons:
20 minutes to use funds again
hard to aquire
number go up slower
hard to convert back to fiat
hard to convert to fiat
used by "criminals"
lots of nazis like it
used for unethical purposes
apart from waiting for the confirmation, otherwise you're in double spend territory.