Well said,Erik.
So the other side of the (bit)coin is that the banksters and the eurocrats will know how many bitcoins you have in there, how do you trade them (capital gains? repent!) and above all they will be enabled to lock your bitcoin-backed credit card if you end in some black list of them.
Thanks, but no thanks.
After all these efforts and complications to get out from the banksters' matrix, it is ironic to get back at square 1.
Very good point.
No, it's not a good point.
Integrating Bitcoin with the normal financial world is not "going back to square 1". In all cases, you have the option, once in Bitcoin, to be apart from that world. The integration is simply an inevitable (and important) step to help the rest of the world climb on to our superior system. Every integration between Bitcoin and the old systems brings those old systems closer to death, because once attached, Bitcon begins to siphon off economic activity.
It would only be "going back to square 1" if, somehow, were were now all forced to use this French exchange and comply with banking laws there. That would be bad, but that is impossible if you understand how Bitcoin works.
Integrate, integrate, integrate, and Bitcoin will succeed, because it is superior.