Then government can come and say whatever they like just to make us see good reasons why see need to face unsafe when they are not in charge. This is a act of confusion and we should alwaysfollow their thoughts or opinions. Bitcoin is money same as other cryptocurrency in the market. Anyone can choose to invest in cryptocurrency but the government want to make it looks like we need them in regulating it so we can feel safe.
Secondly, it's important we also understand that regulation helps to decrease or reduce the rate of scam and fraudsters in a system or market.
Imagine a system where every one is absolutely free to do what ever they like without any form or rules guiding them, most people will look for the gullible to take from, instead of working hard to earn their own. This is one of the things kyc verification have helped to reduce in this industry, and how did kyc verification come about?, it's through the government trying to see how they can regulate crypto and it's services.
So, it's not entire bad to have a government show interest in regulating a market or business, it's still for the betterment of its users.
But for some reason people think that this identity check is a good guarantee that criminals will be caught and sent to prison. But in my opinion, this is not true at all, and businesses, including casinos, also use this check itself simply by collecting personal data bases and then selling this data for targeted advertising.
Moreover, the sale can be disguised as hacking by hackers or theft by an employee. And such crimes with deliberate intent and a prepared alibi are, in principle, very difficult to prove to any investigation. Moreover, such crimes are not serious and no one really bears serious punishment for them.