Anybody familiar with history of government propaganda has seen this narrative coming for 10 years.

Those who have had this foresight already have filled their bags with Monero at the cost of a temporary purchasing power decrease as the full force of the state turns against it, delisting it, suppressing its price and media attention while bad mouthing privacy as something only criminals and terrorists would seek.

This will self-correct. Monero is a great store of value for those who don't want to be excessively taxed like most KYC Bitconers.