What other measure would you guys suggest to meet existing legal requirements? Trying to convince lawmakers that bitcoin should be anonymously traded is an absolute non-starter. If that is the foundation's opinion then bitcoin may be declared illegal and the tracking of coins will move to law enforcement. So, what are our other options?
NOTHING. Mikes Proposed change is unacceptable.
The problem is doing nothing is unacceptable to any government. There are no other exceptions in financial law. Stocks, bonds, precious metals, real estate, currency markets, all such transaction require taxation and AML/KYC practices.
The recent value increase in bitcoin is largely driven by serious investors in the currency. Failure to devlop a regulatory regime will result in a flight from bitcoin and their will be no reason or path to ever see it realize it's potential. You wont even be able to buy alpaca socks.