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?
No will not happened. Privacy coin is same like other coins, is just that they are more conservative than native blockchain since the transaction held in their network is secured by being anonymous. How does it help the community? Possible tracking of source or someone investigating youre account cannot be revealed. Most hackers are watching transactions and watching those account to spot a prey. In privacy coin this is impossible. So I guess its impossible to remove privacy coin in the system.