That's exactly the point! The vast majority of people do not care about privacy-related things, and the inference is that this attitude will make things way worse for privacy-conscious people interested in BTC.

P2P services are ok for some BTC users, but most of the privacy-conscious people who may be interested in BTC will not have the strength to manage two completely separated stashes of BTC.

brunenzio

bitcoin

Lyn Alden on nostr today

siggy47

imo, only a very small percentage, relatively speaking, would even be bothered by it.
right or wrong, they will live in a fully kyc world without batting an eyelid. They will pay their tax on their gains etc and will be more than happy to do so.
If the gov wants them to do a retina scan and dna swab to open an account, they'll do that too.`

And that's the percentage that even has the balls to get into btc in the first place. the true average person still thinks bitcoin is a scam and trusts the government implicitly 