But it has to be met with resistance, if everyone just rolled over we would have never had bitcoin.
Which makes it all the more disgusting that exchanges and many other big players in the bitcoin ecosystem put up zero resistance to these kinds of changes, or even help them along. Centralized exchanges have always been in bed with banks and governments, willing to sell out their users for any profit whatsoever. The most opposition we have seen from this bill was a half-hearted email from Coinbase telling its users to take action themselves, while taking absolutely no action themselves. No campaigning, no lobbying, no funding a resistance. After years of selling out their users this is the best we can expect from them.
There was AOPP from a few months ago which a bunch of supposedly privacy respecting wallets were more than happy to jump onboard with until it seemed it was going to cost them some customers. And then we have Wasabi wallet becoming pro-censorship and anti-privacy
of their own free will, well before any legal requirements or lawsuits forcing them to do so.
Privacy and privacy respecting software is harder and harder to come by. Every inch we give we will never get back. No piece of privacy invading legislation will ever be revoked. EU citizens should be fighting this
now.