Would you say there's no hope for privacy on Bitcoin anymore, and, if so, is it mainly because of KYC? I'm just thinking that the tradeoff seems inevitable: the more any given currency appreciates in value, the more regulators and the "old world" institutions are interested in controlling it.

Could things have gone differently in your opinion? And more importantly, do you see any paths forward for Bitcoin in this regard?

For example, would not privacy be good enough (whatever that means) if one purchases KYC-free Bitcoin and then goes through coinjoins on top of that?

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Bitcoin could get built to be scalable and fungible before inviting the suits to gamble on it. How about that?

Yep that sounds good enough, but I'm not sure the suits asked for permission

Too late.

I think the regulators and chain analysis are coming hard for everyone, starting in the US (from what I've seen at my workplace). This leads me to the doomer mentality that everything will be flagged by heuristics, which will result in two camps - institutions and plebs. Just my idiotic take and would love for someone to dispel my FUD