It's a matter of time Monero will be delisted from all centralized exchanges and SEC will declare Monero as an illegal coin which will pressure to other countries except China, Russia, North Korea etc.
Monero can still being used and it will not die, but the price and usage will be low.
Do most people care with their privacy and decentralization? nope, if they care they will buy Bitcoin from no KYC P2P or DEX, same applies to Monero.
People only want to make money. They don't care if they end up being tracked by the government. With privacy coins being labeled as a "tool for criminals", it's no wonder why the majority are afraid of Monero. They will steer clear from it whenever possible. I agree with you that XMR will end up being de-listed from centralized exchanges. This will only make it more decentralized and stronger than ever.
Of course, market prices and mainstream adoption will fall. But are you into crypto just for the money or because you believe in its tech to change our world for the better? As long as Monero's developers continue to work on it (and has the community's support), don't expect it to go anywhere soon. Fingers crossed it will survive for generations. In crypto land, anything's possible. Right?
