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Fearing KYC is FUD.
Someone will finally have to tell the gov to f off, bending over backwards as a new user to only hold p2p coins doesn't help win the race to avoid the war.
It really is FUD. Stealing bitcoin is much harder than even some bitcoiners make it out to be. Bitcoin's public ledger is something that the Monero community has been using as a cudgel against bitcoiners for a while and more I've read their musings about privacy, the less convinced they seem to be about fiat becoming obsolete. A lot of the fervor around privacy stems from dodging the stifling KYC/AMLs in place, and on some level it assumes that they'll be around forever. Bitcoin replaces those arbitrary levies and checkpoints, and unlocking this efficiency eats fiat's lunch. If the government wants bitcoin, they have to mine it themselves, like Satoshi did. The mere act of holding Bitcoin is telling the government to fuck off. People ought to commit to the bit
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