so, some start up capital AND a wrench.

Anarcho-capitalism in action. It turns out that if you will eliminate state from your transaction, playing field will automatically devolve into law of jungle or as we are saying in my country - stronger dog fucks.

are we really reading the same article? the government forced KYC on people and then the same system ratted them out to criminals

It is interesting, that KYC is a thing everywhere, but for some reason it is almost exclusively crypto bros who are getting skull cracked by a wrench. Maybe there is some fundamental flaw somewhere?

Ya, libertarianism over here in the US tries to spout that getting the government out of the way will bring a utopia. There vision of a utopia must be a very terrible place.