Bitcoin and Monero are complimentary.
Bitcoin is less threatening to TPTB and is therefore spearheading the normalization and adoption of magic internet money for transactions and store of value.
Monero provides an alternative for private transactions and store of value. It also serves as a viable plan B in the event that Bitcoin becomes fully captured by TPTB.
In the ideal future, Bitcoin will be the primary money for public companies/institutions and governments and Monero will be the primary money for private companies/institutions and individuals.

