> It would also be very hard to prove that you own a BTC wallet in a court of law. Regulation regimes will work on a whitelist system: only wallets that are "a

> It would also be very hard to prove that you own a BTC wallet in a court of law. Regulation regimes will work on a whitelist system: only wallets that are "approved" are allowed. All other wallets ("anonymous") are preemptively frozen/tainted until they are approved. Result? No more private/anonymous wallets in the "legal" bitcoin system. > There is plenty of reliable exchange platform that do not require IDs or even creating an account because they do not deal with fiat. Sure, and regulators would make them illegal under pre-existing KYC laws.