So, to sum up. If a service:
- is taking property and returning roughly the same property,
- advertises itself as providing privacy,
- requires user to forfeit custody of coins,
- and does not collect KYC
is illegal in this forum.
Really sad turn of events for the Bitcoin forum.
No, this is a great thing to happen. Listen to Satoshi:
Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending
You DO NOT NEED a trusted third party to make your Bitcoin private. You can coinjoin non custodially without ever giving up any data.