For me, I do things which I consider smart whether I'm pro or anti. If you have a significant amount of money you earned in crypto then would you want to risk losing it all because you are pissed off at the IRS or FBI or some random agency? People who are in crypto have a legit chance to become millionaires and compliance is how individuals and companies keep their profits. Compliance isn't even enough, as there is more involved in asset protection strategies than mere legal compliance.
People who decide to be secretive will not be stopped by any laws. If people determine the rewards are very great and the risks very low then we have to assume people will be doing it no matter what the law says. A law is only as good as law enforcement is effectively enforcing it. My argument is that money laundering in the digital form is impossible to enforce and it is the same argument you could make about the great firewall being of very limited effectiveness and so on.
For the typical Chinese person it is true that this will probably keep capital from flowing out and people will probably not bother going through the effort. For sophisticated individuals or and organizations there is nothing that can be done to prevent capital from flowing out, to prevent value from moving where people want it to move.
So I will say if someone has plenty of legit opportunities to become a millionaire then why mess that up by getting involved in unnecessarily high risk opportunities? On the other hand a homeless person or young teenager is not going to care, and either of these people being locked up for money laundering in my opinion is what I mean by the innocent or the foolish.
People might disagree and think homeless people deserve to go to prison on that or that teenagers messing around with Monero deserve to get a criminal record, but I think there is a big difference between the poor and young who take risks to get ahead vs the rich and old being greedy.
It's intelligent contributions to the community like this, I appreciate dearly.
I've come across so many here embodying the "fuck the government, they don't deserve anything" attitude, that such a mature voice of reason so clearly painting such a counter-perspective is priceless. 🙏