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?
Most likely, the governments of some countries will take steps to ensure that people connected with crypto report on their assets and explain how and from where they are in their stock exchange accounts. The whole essence and interest of cryptocurrency is decentralization, if there is centralization and access to personal assets is open, the whole essence of moving coins around the world without tax credits is lost.