Will privacy coins survive?

[Baofeng]

Privacy coins will survive due to the fact that it's investors are kept very private from the government and public, and that privacy is the reason why investors will patronize such project.
Where there will be issue is the project developers. They will be watched closely by the government, as they are the brain the projects.

Developers are the first target when a project becomes popular. We saw what happened to Telegram CEO he is closely under supervision by Macron. Government business is just extorting people just like what they do to Elon Musk.

The best way for privacy coins to survive is for the developers to stay anonymous so that there is no one to pin just like Satoshi keeping his identity to himself.

Yes, but there are still privacy coins that is still in existence as of today even if the developers are well-known. So they will survived for sure, but it's going to be a long battle against the government as we all know that government doesn't want people to be private, not in crypto.

However, the privacy game is so advance now that no government can really put a stop on it. Haven't heard though new privacy crypto that is coming, so I guess there will be none because the current breed is already good, they will just have to upgrade their protocols to be one step ahead of the game.

[Mia Chloe]

Privacy coins will survive due to the fact that it's investors are kept very private from the government and public, and that privacy is the reason why investors will patronize such project.
Where there will be issue is the project developers. They will be watched closely by the government, as they are the brain the projects.

Op has a point same as you do too.  The concept of things off grid or extremely private things that have to be done online is what makes the idea that privacy coins will continue to exist except the fact that they may become less popular since only fewer people may make use of it because of both accessibility and flexibility of usage.

However from the Op's point of view, it's more like with the way the government seems to be taking them off the crypto space indirectly, it may actually pose a threat to their continuous usage. Currently you hardly come across Centralised exchanges that offers privacy coins and if you check you will find out that most people make use of CEX.

[Bobcrypto]

It is certainly not going to be easy by governments to remove privacy coins out of the crypto economy. There are actually individuals, organizations, company, who needed privacy on their various activities, and naturally man has some elements of privacy in everyday leaving because of the unknown.
Again, governments knows the importance of privacy, even though they will like to act as people vested with authority and power. It is then important to note that privacy is a right, though some people will like to abuse this right, working different kinds of mischief and ilicit activities, but privacy is part of life.
In addition, i think privacy coins will continue to exist, because, even government itself has some private activities, and besides the fact that they are governments, they are  humans, though operating as a body.

[target]

It is certainly not going to be easy by governments to remove privacy coins out of the crypto economy. There are actually individuals, organizations, company, who needed privacy on their various activities, and naturally man has some elements of privacy in everyday leaving because of the unknown.
Again, governments knows the importance of privacy, even though they will like to act as people vested with authority and power. It is then important to note that privacy is a right, though some people will like to abuse this right, working different kinds of mischief and ilicit activities, but privacy is part of life.
In addition, i think privacy coins will continue to exist, because, even government itself has some private activities, and besides the fact that they are governments, they are  humans, though operating as a body.

Government was trying crack Monero and even want to pay whoever can crack it. This is how they respect privacy where the private people are exposed.

It's no wonder people are using more and more of the Bitcoin mixers. But looks at how they also treat mixers today, the have been jailing those owners. Sooner those guslys are not just mixing BTC but mixing Zcash or XMR to make it more private.

[KryptoBull]

Government was trying crack Monero and even want to pay whoever can crack it. This is how they respect privacy where the private people are exposed.

It's no wonder people are using more and more of the Bitcoin mixers. But looks at how they also treat mixers today, the have been jailing those owners. Sooner those guslys are not just mixing BTC but mixing Zcash or XMR to make it more private.

I've never considered mixers for ZEC and XMR, since they are already privacy coins and have always protected user anonymity. They are still providing this feature as a mission of crypto that we talked about in 2017 but unfortunately, it is this very anonymity feature that is causing them a lot of difficulties in continuing to exist and grow in the market.

Governments are trying every way to limit the popularity of privacy coins and cause them to be delisted from CEXs. They can still exist through DeFi but it is clear that liquidity has been severely damaged and ordinary investors will not tend to choose privacy coins for their portfolios. I think the golden age of privacy coins has passed, they will continue to exist but there will be no ATH on the price chart for investors.

[Stompix]

I love how some say well doesn't matter what the government does, investors will still...

Have you actually taken a look at what investors think of privacy coins?
Monero is just below $200 , it was over $500 the last bull run, the other two are not even worth counting, Monero had 20k transactions yesterday, there are single Walmarts superstores that get more clients in a day.

Millionsn are doing KYC one every shady 4exchnge for some $5 and some are still delusional that the masses care about privacy, well, newsflash, average Joe doesn't care!

[ABCbits]

--snip--

Government was trying crack Monero and even want to pay whoever can crack it. This is how they respect privacy where the private people are exposed.

It's no wonder people are using more and more of the Bitcoin mixers. But looks at how they also treat mixers today, the have been jailing those owners. Sooner those guslys are not just mixing BTC but mixing Zcash or XMR to make it more private.

Zcash and Monero mixers? I'm 99% confident those mixer aim to steal any XMR or ZEC you send to them. And even if it's not scam, you still need to trust them not to log any data.

[defy]

I love how some say well doesn't matter what the government does, investors will still...

Have you actually taken a look at what investors think of privacy coins?
Monero is just below $200 , it was over $500 the last bull run, the other two are not even worth counting, Monero had 20k transactions yesterday, there are single Walmarts superstores that get more clients in a day.

Millionsn are doing KYC one every shady 4exchnge for some $5 and some are still delusional that the masses care about privacy, well, newsflash, average Joe doesn't care!

I suppose the privacy coins do have a degree of usefullness so I guess anyone who wants to use or is interested are already invested but for tearing away everyone else from their speculative altcoins its probably not going to happen unfortunately.

So I guess they will survive as a utility coin rather than something people will expect to make massive profits from.

[Bobcrypto]

I love how some say well doesn't matter what the government does, investors will still...

Have you actually taken a look at what investors think of privacy coins?
Monero is just below $200 , it was over $500 the last bull run, the other two are not even worth counting, Monero had 20k transactions yesterday, there are single Walmarts superstores that get more clients in a day.

Millionsn are doing KYC one every shady 4exchnge for some $5 and some are still delusional that the masses care about privacy, well, newsflash, average Joe doesn't care!

I suppose the privacy coins do have a degree of usefullness so I guess anyone who wants to use or is interested are already invested but for tearing away everyone else from their speculative altcoins its probably not going to happen unfortunately.

So I guess they will survive as a utility coin rather than something people will expect to make massive profits from.

Yes, privacy coins has some usefulness just like other altcoins out there, the difference is just that they have concrete anonymous factor that distinguish them from other altcoins.
Considering privacy coins investments, actually there were institutions that had invested on some of these privacy coins but because of government fights to stop them, many investors has sold off their coins, causing a doubt on privacy coins continuing existence.
As a matter facts, government fights to stop privacy coins has lead to low volume and price dwindling, however I think that privacy coins will definitely strive to continue and the uses of them will keep rising in near future.

[segmadis]

Of course that they will survive. They have too much practical use to be abandoned easy. I am talking about the big and very well known projects. If there is a new project I cannot say, yet...

[Hisbullah]

Yes, privacy coins has some usefulness just like other altcoins out there, the difference is just that they have concrete anonymous factor that distinguish them from other altcoins.
Considering privacy coins investments, actually there were institutions that had invested on some of these privacy coins but because of government fights to stop them, many investors has sold off their coins, causing a doubt on privacy coins continuing existence.
As a matter facts, government fights to stop privacy coins has lead to low volume and price dwindling, however I think that privacy coins will definitely strive to continue and the uses of them will keep rising in near future.

We all know that many governments are trying to stop privacy coins because they are considered dangerous, because privacy coins are very anonymous so that the government's suspicion is that these coins are used for illegal activities.
that's why we see the development of privacy coins as being hampered.

[Gurujebs]

Government was trying crack Monero and even want to pay whoever can crack it. This is how they respect privacy where the private people are exposed.

It's no wonder people are using more and more of the Bitcoin mixers. But looks at how they also treat mixers today, the have been jailing those owners. Sooner those guslys are not just mixing BTC but mixing Zcash or XMR to make it more private.

Monero was too powerful that it became a tool for some people to explore, they were doing it in a way that it was noticeable and the government tried to know the way forward, they did all to break it because it's not like Bitcoin that is pseudonym where transactions can be seen openly and instead they ban it completely, this is why mixers are not welcome too.

By human right, everyone has ways to his full privacy but the government turn a blind eye when it comes to crypto privacy. If indeed there is a way they can change this privacy for crypto, they will turn it upside down but it's impossible because freedom is freedom and that's what you can't take a way from people.