If they cannot control you, you will never become mainstream; becoming mainstream carries the implicit message that you have already been brought under control—that is, subjected to regulation. Privacy is the core value of Monero; any KYC requirements imposed by regulators would sap Monero of its vitality and ultimately lead to its demise. If Monero were to lose its privacy, how would it differ from Bitcoin, Solana, or Ethereum? If there were no difference, why wouldn't I simply use those cryptocurrencies instead? What would be the point of using Monero? Once Monero loses the core value of privacy, its reason for existence would plummet—and privacy is precisely what regulators loathe.
If they cannot control you, you will never become mainstream; becoming mainstream carries the implicit message that you have already been brought under control—that is, subjected to regulation. Privacy is the core value of Monero; any KYC requirements imposed by regulators would sap Monero of its vitality and ultimately lead to its demise. If Monero were to lose its privacy, how would it differ from Bitcoin, Solana, or Ethereum? If there were no difference, why wouldn't I simply use those cryptocurrencies instead? What would be the point of using Monero? Once Monero loses the core value of privacy, its reason for existence would plummet—and privacy is precisely what regulators loathe.