Even if restrictive legislation were to pass, Bitcoin would survive, though it might drive Bitcoiners to more crypto-friendly jurisdictions.
This is why it is extremely important to educate current and future bitcoin users on best practices when it comes to receiving and sending bitcoin as privately as possible.
The push to KYC the Internet is in its beginning stages. Reject it at all costs.
Who put the language into this bill?
The government's solution to a problem is usually as bad as the problem.
The powers that be are incompetent time and time again.
