How many times have you heard this: "Governments will never allow privacy coins like Monero to exist, they'll suppress any price appreciation"

But let's think through what actually happens if major jurisdictions try cracking down. Even if regulators delist XMR from top-tier exchanges across most countries, does that really kill the asset?

The counterargument gets overlooked: a delisting isn't a ban on ownership or peer-to-peer exchange. It just changes where trading happens. The network keeps running. Decentralized alternatives keep operating. And in countries with lighter-touch regulation, exchanges would still list it.

The real question isn't whether governments *want* to suppress privacy coins—clearly some do. It's whether they *can*, at scale, without fragmenting global financial infrastructure. History suggests blanket asset bans rarely work the way proponents imagine.