I am of the faction that wants freedom. People should be allowed to make their financial choices. The government should allow people who want to go through KYC to do it.
The government can not allow this because they always think that no going for KYC can lead to online crime without knowing who do the crime. But with KYC, their is also still online crimes.
I also like privacy and I am not an online thief but the government will not allow no KYC ways of accessing cryptocurrencies.
As they are regulating cryptocurrencies, more anonymous ways are coming. Example are the Perpetual DEXes like Hyperliquid and Aster.
Our situation is different now because of the increasing number of scammers. Hence, the regulation is quite important in today's set-up. Without this, would be hard to protect the ordinary consumers. Such regulation can also hinder scammers to do their illegal acts. At least, lessen their numbers.