I think they really only start to get concerned when people are truly transacting peer to peer in a black market style economy.
Just after I wrote this, I got a popup from an article (I think on blockfolio) warning that if the governments don't legislate soon, they will be giving rise to a shadow economy. I think it is further along than they think it is.
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Its getting there, its coming to an adoption tipping point. This is why im going into privacy coins, im expecting big things to happen in the next couple of years. One of them being Bitcoin getting knocked off its perch and losing its shine amongst certain demographics, while the price rises anyway. It could literally end up being looked down on in a big way amongst the black market like its the devil, and people wont want to touch it. Others ie mainstream finance yeah they will take it and bring in mum and dad.
Any recommendations on privacy coins? I have a little Monero that took a hammering after getting delisted from places like Coinbase and Bittrex, but I think it is springing back now.
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