I'm considering to buy and hold some privacy coins for long term. I read some articles and they said governments are taking harsh stances on privacy coins. Do you think they will ban all privacy cryptocurrencies by prohibiting exchanges to list those coins?
There are two things:
1. The governments can't ban these currencies as they are decentralized. It is not possible to ban them.
2. Some of the exchanges are completely anonymous, and it is impossible to implement the restrictions. On top of that, even if the exchanges are banned, there will be peer-to-peer trading and the government can do hardly anything about it.