Basically, I'm saying that the "then they fight you" stage will be much worse than anybody else. Sure, I can hold my own keys and run my own node, and in theory, be totally self-sovereign. But in actual practice, that doesn't do very much unless I have a transaction peer. If they could make it onerous to *actually use the stuff*, then we have a problem. And they are certainly very adept in regulatory capture. It isn't going to be just "some of the network." They are going to map the entire UTXO set and link it to KYC identities over time. On a long enough timeline, there is no privacy. and if people don't think they're going to come for their share, then I think thats being very naive.

also @Jake Woodhouse