Most of my liquid wealth is held in Bitcoin and most of it, unfortunately, is KYCed. It would be a real dilemma if they offered current market price or better and the alternative is to face prosecution and the fact that thereafter any p2p trading of Bitcoin is banned and again can be prosecuted for...because they know the address of most of my stack...they know if I transfer it 'illegally' under their edict banning private trading/custody. It traps most but the most extreme ideologically driven Bitcoiners....just as it did with gold. It traps enough to capture and control the free p2p market. I honestly don't know what I would do- but it would be a very difficult decision and I consider myself far more ideologically driven than the majority of Bitcoiners.

For now I hold because I believe strongly in my right to and the need for some competitive force to be applied to the state imposed fiat monetary monopoly that is de facto debt slavery of citizens. I can say if they ban private custody I would do what I can to fight it, resist and reverse it- because it would be a dangerous turning point for our already compromised 'liberal free market capitalist democracies'.

Let me ask you something- do you think they (governments and bankers) who derive most of the power and wealth from fiat monetary control and issuance will simply surrender that hegemony without taking every measure possible to protect and preserve it?

Do you think the KYCing, CEXing, and ETFs are just innocent and incidental moves or part of a deliberate and sly strategy to capture and control the protocol while still appearing to embrace new technology and open markets?

Because they all prepare the ground perfectly for a potent and probably effective Order 6102B strategy to capture and control the protocol.