Monero concerns

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self.Monero13d ago
Hello all, What happens when USA and other 1st world countries start banning monero? No one is going to want to invest in an illegal asset or an asset that is likely soon to become illegal. It’s inevitable monero will be banned because when countries can control something they will ban it. That leads me to another point, control of the blockchain. The monero hashrate is low (much lower than bitcoins) and a government entity that prints money can easily purchase enough computational power (they probably already have the computational power) to corrupt the monero blockchain. So even if countries don’t ban monero they could very discretely corrupt the monero blockchain. Monero sounds good in theory - private secure money. But in reality, governments can easily corrupt and control it or take the easy route and ban it.