This issue I brought up also applies to monero. You can hide yourself in the bitcoin network but that’s not the issue. The issue is that people don’t want to take that risk. I can buy your services using monero but if it’s illegal with a harsh punishment, I’m taking on a risk even if you think it’s private (it’s really not). How many freedom loving people will be there to sell you steak and plumbing services for monero when the penalty for using it is 10 years in prison? And what would he do with the monero after that? Monero isn’t scarce enough for people to demand it. They’d continue using cash before switching to monero.
Discussion
oh... so once cbdc are up & cash is ended, all "illegal" (from ptb pov) stuff will disappear instantly from the world because people will be too scared to use a private currency & 100% of countries will obey to jail private currency users of course ? Next step : how to find them...
isn't scarce ? 18 millions of coins is not abundance for 10millions tx / year mostly from DW !
Can you expand on the "it's really not" with a concrete coder approach ? It seems you have discovered what hundreds of devs haven't (the key to track coins on monero blockchain from wallet to wallet without view keys of all the wallets) so it's your duty to share thx.