Pretty solid take in a space with so much confusion. Bravo. Especially how critical the race for good onboarding is and the point about KYC. To that point, the KYC, there are two sides to that coin. A robot can't be accountable, so anything that requires accountability will need a way to tie back to its owner. That will be the lever they use to force the KYC. For us to solve that problem with full self custody and privacy, we need a better more unified and usable self-sovereign key layer. (Same goes for data provenance, which I believe will be a bigger issue as data poisoning/prompt injection take off.) I'm building something that solves for this:

Zsub — Self-Sovereign Cryptographic Mesh