Doesn't mean it's game over for Bitcoin, but non-kyc transactions, I believe are going away. It just a question of time. 

Unless you opt out by disregarding the laws and finding people willing to trade with you or, you move to another country that is more friendly to Bitcoin and has less invasive legislations. 

But those countries will be bullied by the US, EU, IMF, WB, and other organizations. 

As Bitcoin becomes more intertwined with the financial sector, energy sector, payment network, and businesses in general, there will be more and more laws passed to regulate it and subject it to the same, if not more stringent, regulations than other assets and industries.

That doesn't mean Bitcoin is over. The role it can play in stabilising the grid, facilitate the development of renewable energy infrastructures, reducing methane emissions,  provide a cheap, instant global payment network (what Strike is doing with Lighting),... are what will keep it going.

I'm more bullish with what is happening in the south hemisphere. Arabic countries exploring and getting into mining. Latin American and African countries adopting crypto and Bitcoin communities popping up allover.

The bill is not law yet, and might not got all the way to a vote. But I don't see why the government would KYC and track all financial transactions except for Bitcoin transactions. 

Even in a KYC world, Bitcoin would still be better than fiat. There is the 21M CSP, ability to self- custody even if KYCed, a global payment network (L1/L2).