Honestly, it would be better if I never had to use fiat again so while I hope it doesn't pass, I'm more concerned about getting everything in order so I don't have to use exchanges at all and thus not worry about it. If I need something I can't grow organically or mine I can hit a DEX, but prefer to just make my own. Soon we'll have tech that can replace the power of Visa's backing, no need for a physical card, and won't need to engage with the feds on their terms at all anymore. That's my hope. I want the government to remember we're running the show...not pawns to be played.
On a side note, on this subject, I wonder how long before I can just make my own coin and ensure it's value is stable, connect it to something like what Visa is doing with Block FI, and have my earning auto convert to my own money.
RE: Biden administration freezes private wallet KYC bill