Delist Monero
By delisting XMR, you normally make it unavailable to buy/sell. The problem ?
- Nothing is required, to run a centralized exchange (everybody can do one and here’s a list of known exchanges).
- XMR is available on decentralized exchanges.
- XMR is a currency you can earn and spend if someone accepts it.
Then, to effectively ban Monero, you need a complete transparency and regulation for any type of data (involving financial data) transmission (litteraly impossible).
Mass surveillance of KYC’ed actors
Trying to figure out who is using XMR. You may not know where a user spent it’s XMR, but you know he withdrawed (like your bank knows when you withdraw at an ATM). Does it works ? Yes & No. The more XMR is used, the less you can figure out why someone used it. And if a XMR user need to keep secret or anonymous it’s on/off-ramping, then he should go on NoKYC centralized & decentralized exchanges.
Network surveillance
Find who is using monero by:
- Logging all nodes connected to an spy-node.
- Port scanning or Deep Packet Inspection.
You can protect yourself by running your node & wallet over Tor/I2P, keep your ports closed and your encrypted traffic anonymized.
Attack miners
Raid monero miners.
Spoiler alert: XMR is mined by compromised infrastructures around the globe, that’s already adding a big difficulty to takedown XMR.
While you will need to spy electricity usage of each house, to find out anomalies.
You also can’t ban XMR mining hardware. Because of RandomX, who makes possible to mine with any CPU.