Government in the US has adjudicated a hands-off condition regarding private property... in the PMA adjudications. This means that private Bitcoin transactions are just that, private. It's like private smoking and drinking bars in States that have laws against smoking and drinking, can get away with it because they are PRIVATE.
There is nothing like "private bitcoin transactions". All bitcoin transactions are publicly available on the ledger. If you talk about anonymity, then it is about the person's identity not linked to the transaction which is a different case altogether.
The point is, government crypto or control of crypto only counts in the corporate exchanges. It isn't something that government can do when transactions are private.
This is more reason you should practice self-custody and not trust a centralized entity with your coin, it helps stay away from government control over your funds.
I think the Clarity act would help reduce the manipulations we see with fake volumes that affect traders, I kind of like the idea, maybe it would have a positive outcome for crypto generally.
Bitcoin transactions are private, because nobody can access them enough to change them.
Police have the same kind of deep penetrating radar that found the structures buried under the pyramids. They can see everything that goes on in your house. But even though they look, and even though they know it all, it's still private.
Privacy has more to do with the things that people want to remaine private, than with the thieves who find out some info.
