People have become so used to the usual fiat/banking/centralized systems to the extent that they don't even see anything wrong with using centralized exchanges.
Even if your privacy means nothing to you, why are you so comfortable keeping your funds in a centralized exchange?
How do they sleep peacefully at night knowing they could wake up to devastating news about that exchange or that the exchange has frozen their account or the coins in it?
We don't have to be nonchalant about things like this.
And if you happen to live in the US, start contacting your representatives about this draconian piece of legislation
The sad part is that, if this works in the US, many countries would follow this path.