Fortunately methods that support centralisation + censorship are all extra work for crypto communities which generally just want to keep as simple as possible the process of making money. I remember when this proposal came out (which I supported just to have the technical concept on record):
… it was considered to be essential because the ISPO movement in Cardano would naturally (!) need to discriminate against residents of certain countries to comply with local “regulations” … which were hypothetical at the time & will likely never exist now that ISPO’s are becoming passé.
After this proposal’s author left Cardano I expected a counterpart at IOG or some well connected SPO or new Cardano token dev to take it over. The fact that this never happened supports the fact that compliance with regulators is generally done grudgingly (thank Goodness).
I don’t think Gensler’s recent “You’re on notice” and “We own you” type of declarations are going to really motivate anyone. I hate to say it but the best things working for permissionless cryptocurrencies at this point are:
- apathy (of developers): not to want to work very hard to satisfy the unreasonable expectations of regulators
- ignorance (of regulators): not to understand very well what the developers are creating until long after it’s already permeated markets that they will never be able to fully control.