Consider the following: Do you think #Monero will be banned in most countries? If so, and if you're not a speculative investor, how will you use Monero? Most local merchants won't risk using it for fear of penalties and even imprisonment. They might even prohibit self-custody holdings. I believe the G7 countries will ban Monero in less than three years. Technocracy is being installed, and it detests people's privacy.

Replies (4)

1984's avatar
1984 1 month ago
You can ban alcohol, cannabis, gold, eggs and open source code including Monero. Many attempts has been made on this throughout history. The countries that allow Monero (outside G7) will get a huge influx of wealth transfer. Let's say Paraguay or Kenya do not enforce a monero ban on swapping or commercial activity. You could limit the use in legitimate commerce in G7. But, I think it will hurt the G7 harder than Monero. There may be a few traders left on the CEX that will run away. But, I will continue to find ways to use xmr outside the G7 and the dark web will continue. It could as easily get more attractive to opt in to Monero. EU have "banned" Monero, even normie's in EU are now curious about Monero.
1984's avatar
1984 1 month ago
We never know, but so far all their attempts to destroy Monero has almost come out to our advantage in one way or another.