The upcoming FinCen rules will be an interesting test of your hypothesis. If people and companies tend to comply, you’re absolutely right - people just want comfort and safety more than freedom and Bitcoin has a good chance of failing simply because people don’t want to use it when could make the authorities angry. If we see a lot of non-compliance, there’s still hope.

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Agreed. People will comply, sadly.

How did we let ourselves get here?

A lot of it may have been larping from the beginning. Being all about freedom tech until there’s an actual threat of getting a knock on the door or massive fines.

No, the test will come when they have no alternative but bitcoin