The fact this isn't talked about much even more so after Canada froze bank accounts watching people tx bitcoin and ETH addresses tied to other ETH addresses are being black listed / banned is really bad..
BTC will fail or much much much worse become the money of enslavement if privacy is not added.. Unbreakable privacy..
It's surprising to me that this is just hitting g Canada just now or perhaps the news just got out of late. This has been an issue in Nigeria dating back a year ago when the CBN placed a ban on cryptos and crypto related transactions. I think the ba is still in effect partially and they are still trying to keep a trace on accounts and banks involed in crypto related transactions. Even on the p2p network, there exists certain loopholes to raise suspicions with banks as to what transactions might be crypto related or note.
Most of the traces are always between previously note accounts, remarks on transactions and sometimes, these banks and its agents registers with an exchange to trade on p2p just to fish out an account. The pressure is less now but still, discretion is advised.
Privacy is a vital part of human existence as everyone craves it in carry out one task or the other. Finance should be no different.