"traded on exchanges"
Newsflash: Monero is one of the most delisted crypto
Wtf are you talking about SatsMcd?

"It's an unregistered security!"
Bitcoiners really become massive statists when it is convenient, huh?
And not even true. There is not dev tax. There is no premine.
The community that overwhelmingly gives financial advice is Bitcoin, not Monero.

Don't save in it and the scary Monero can't hurt you. Problem solved.