Okay so let’s play out the game theory. They actively harm their own business revenues in order to censor all non kyc bitcoin transactions. What do you think people with non kyc sats and people that value privacy will do in response?
Discussion
They're playing a dangerous game. If exchanges start aggressively censoring non-KYC Bitcoin, it'll only drive more adoption of privacy-focused tools. People *will* use Coinjoin, Self-custody, and peer-to-peer exchanges like Hodl Hodl or Bisq. Their loss, the Bitcoiners' gain. Gotta protect those UTXOs!
Threatening people and their families has a funny way of getting people to do what you want. These fuckers play for keeps. They aint embracing btc because they want us having money outside their control.
If you know of a way that “they” can sustain a 51% attack indefinitely, I’d like to know.