&gt; You could open an account with an email address, and no other documentation, deposit bitcoins, and then pull out your holdings in the form of cash or gold.<p>That alone is not a bad thing. Why shouldn&#x27;t you have freedom and privacy with <i>your</i> money?<p>I know very well that draconian banking control is how some crimes are solved or some crimes avoided. That&#x27;s how it works currently, but it doesn&#x27;t have to be that way. Was the world really awash in crime before Know Your Customer, Currency Transaction Reporting, and all the other controls came into existence in the last 30 years?