if one must sell the Bitcoin to an regulated exchange to pay my fiat bills, one might care.
it's easy to see how the network could bifurcate into KYCed and non.
I personally do not care because I do not interact with the regulated entities.
Discussion
So it’s a hypothetical problem for other people rather than a problem you have experienced yourself.
The network has already bifurcated, the KYC “fork” is permissioned and negates the entire value proposition of Bitcoin. The market will eventually price coins on this fork accordingly.
point taken. but really, how hypothetical is it?
it remains to be seen which "fork" the market considers valid.
and so far all the friction and difficulty for market participants is on the nonKYC fork.