Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
Every coin is a piece of art dont judge them just by their appearance. And performance thats one fact that bitcoin started at that point long ago bitcoin is a piece of crap as you say and look at it now. Some coins dont have the right exposure and the popularity rate is undeniably low. Almost hidden to internet ofcourse not all coins have the opportunity to be advertise through the internet some dont even bother.