Re: Can Monero survive exchange de-listings and low merchant adoption?
The privacy coins are gonna lose its users caused by people know that if they are fine even if they are trading by verifying their identity. Almost all of privacy coins have been going to the hell. I remember there were a lot of privacy coins in the previous years. We are only seeing a few that is still exist this time. I remember a coin like veil but almost all of privacy
Of course. With recent government crackdowns, more people will abandon privacy coins. I think Monero will be the only one that will stand the test of time due to its large community following. Not to mention, it's the most actively-developed privacy coin in the industry. I see the recent turn of events as a positive thing for XMR. Developers will now be forced to create truly-decentralized solutions for buying/selling Monero, among other things.
With LocalMonero out of the picture, Bisq remains the only DEX where you can get access to XMR. Haveno and Serai are an option, but they're still under development. The developers of these projects need to remain anonymous to avoid getting targeted by the government. As long as they stay that way, nothing will be able to stop people from getting true financial privacy and freedom. Who knows where Monero will be 5-10 years from now?
