But wasn’t that always the case? Reality is if u want to connect to fiat on/off ramps using banking rails, the price for admission is KYC bullshit.
The killer app would be an open source, decentralized, private, p2p option with super slick UI. Only a small subset of node runners, cypher punks, samurai’s and free thinkers would use such a tool.
Most of the sheep are and will willfully giving up their rights to privacy, without giving it a second thought.
But not us.