> The real problem is not the market or the technology, it's that the state wishes to surveil and ultimately exercise veto over all payments in society.
With anything cryptocoin, everyone on the planet can now analyze where my money flows to and from. That's decidedly worse than governments which need court orders to do so.
The DHS has been able to track Monero since at least 2020 [1]. Basically, as long as you have an in and a likely out, governments can do statistic analysis to determine payment flows.
This is a corporate piece essentially informed by the company itself outlining they can do so. Who knows if it is true? The fact of the matter is if your argument is going to be "Yeah, I'm pretty sure this is it" (which is what you are proposing), that is not proof. It's a strong hunch.
With anything cryptocoin, everyone on the planet can now analyze where my money flows to and from. That's decidedly worse than governments which need court orders to do so.