People are already compromising their Privacy on Exchanges. Look at this image, please.
This is the last 24h BTC trading volume. Only 0.0237% of trades are on Decentralized exchanges. If I am not wrong, the rest happen on centralized exchanges, and people are doing it, buddy. If the government wants to regulate Bitcoin, It's scary for us. But, Do you believe it's possible to regulate? I think regulating anything on the internet is not easy, especially for Bitcoin. Hodlers are safe, in my opinion.
Interesting, i didn't assume the DEX rate to be lower than 0.1% in trading volume ,SOMA.
So, it's apparent that the
very most users either trust (way too much) in DEX or they are just not knowing. One could assume they are "too dumb", though.
Regulating BTC would include huge efforts to track and monitor accounts and identify address holders, black- and whitelist (connected) bank accounts, based on sane metrics, and if you think through it, much more. Even if BTC markets get regulated, and at international scale, they could only get it as far as existing regulatied markets do, which is also not perfect.
So let me refine my statement: Authorities could try to regulate the Bitcoin/
Crypto markets to some extent, but it probably isn't worth the effort.
Neither they can effectively ban Bitcoin (and offsprings). I consider that as a nice outlook, even for hodlers, who wish to sell a lil bit every now and then. Permahodlers are not really effected, as long as buying stuff using Bitcoin isn't monitored by authorities (which would probably be an effort of too high magnitudes, too).
EDIT: For those wondering about my unusual low posting rate, i got a job in an electronics B2B company for a couple of weeks.
Congratulations!
I have been friends with the staff (and the CEO) there for ages, and they know i'm reliable and competent. It's perfect for my sensible lil ass, only short durations (project based), almost no brain-heavy tasks, free to work when and where i want to (home or office). Just need to deliver quality results and respect the deadlines.
One of the most positive aspects is the social life. Feels good to be surrounded by friends, brutally honest but respectful communication, working without much distraction in a very quiet environment.
Just feeling a bit tired every evening, but more in a good way.