Bitcoin can be banned/outlawed, as well.

Being KYC’d, all a politician has to do is go to an exchange and order them to give a list of clients.

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There are plenty of ways to make Bitcoin more private.

Just using lightning is already a big help for privacy. It’s not impossible to find out who you are, but if Bitcoin is illegal tomorrow, the feds are going to have a very hard time finding even a few of us.

There are also plenty of p2p exchanges that don’t require KYC, and you can use a VPN on top of that. I assume if you’re buying Monero, you’re already following these precautions.

There are a few advantages to Bitcoin over Monero for cypherpunks though.

First, as others have said, you’re not going to build a global economy with Monero. If Bitcoin is considered the “currency of criminals”, Monero definitely has this reputation.

Which brings me to my second point. We know the governments are the biggest criminal organizations in the world.

If there is no government, Bitcoin’s privacy concerns are not a huge deal. Since we have governments, do we really want them to fund their criminal enterprises with Monero? At least with Bitcoin, and their technological incompetence, we will have an audit of every transaction they make.

If the government does make Bitcoin illegal, you can expect it to work like their war on drugs. Prices will skyrocket, more people will use it than ever before, and the police will find a few wallets and pretend they are relevant 😂