Shouldn't the fact that this market exists alert us though? I learned at BTC++ in Riga that the ability of the NSA to analyse data far outweighs our capacity to produce it. I agree with you today, but although we're talking in absoluts, we are really thinking about the futur. When @Edward Snowden mentionned the window of opportunity closing on bitcoin regarding privacy I understand it was meant both in terms of the law protecting our rights and solutions deployed at the protocol level. If today a market exists for so called kyc bitcoin, what about tomorrow? The way I see it is we are left with the option to vote with our feet and move to jurisdictions where such markets have no influence on our holdings.