Number two: This bill was co-authored by SBF's brother. Let that sink into you for a second. It underscores why SBF deserves to rot in jail for an eternity. He does not care about crypto, but he is for "Big Government".
Did he also put his own brother in jail?
They are all just puppets who are only following orders, and they don't want people to have any privacy.
I think this is last chance for us to try and resist new laws that are coming, or most people will end up as slaves soon.
I think it has some privacy. Better than using a bank (in privacy)
For example, you can pay me 200 USD without knowing my real name or bank account. The only other way to do that is buy using cash (or other crypto currency).
It actually has worse privacy than banks because it's public and everyone can see and track all your transactions on blockchain.