If the federal government and regulators have their way, there would be no privacy, ever.
That is not what America was founded on.
Right now there is a war on people's rights to self custody their crypto assets.
(Source: https://twitter.com/BitcoinNewsCom/status/1785035367772557330/photo/1)
This is a battle we must fight against at all costs.
Just because a very small percentage of people are doing illegal things doesn't mean every single American should lose their right to privacy.
That is what communist countries do, not America.