It's essential that a real "digital money" preserve privacy anyway. Monero / ZCash seem far better. But onroading people onto BitCoin is helpful short term (harmful long term)
Without private transactions, the government will simply create blacklists and tell exchanges & miners that they must refuse to do business with certain blocks/wallets.
That only matters if your plan is to stay with fiat for the long term. If you are planning to replace fiat, then who cares what they do with the exchanges?
It's essential that a real "digital money" preserve privacy anyway. Monero / ZCash seem far better. But onroading people onto BitCoin is helpful short term (harmful long term)
I think it's far more important that it isn't controlled by a central authority, which could seize funds, than transactions being hidden.
Without private transactions, the government will simply create blacklists and tell exchanges & miners that they must refuse to do business with certain blocks/wallets.
That only matters if your plan is to stay with fiat for the long term. If you are planning to replace fiat, then who cares what they do with the exchanges?