[notch898a]

Your points are taken, may rebuttal would be that monero is only worth at most about $3B and that much value is easily captured outside the banking system. It seems like one of those scenarios that will require a gargantuan effort in practice and at best you end up with drug-war style penalties without even choking out the lions share of the value, and even if you do something else just takes its place. It would really pain me to see my country going down that path again, but history does have a way of repeating itself.