I'm Not Willing to Pay a Premium for K Y C.

If you pay in feot, if you pay in feeot, i think it doesn't matter if you recoup fully. If you pay in bitcoin, then it does. You're getting the benefit of o no k y c or less k y c, depending on how you do it. I would a different model for every individual's particular goal, right? "I'm not going to peg that to the price of bitcoin when i bought it"