Informative article @acidyo. I agree with your statement:

"Some people may not like regulation and knowing that many who initially got into cryptocurrencies because of this "advantage" are not going to like these changes but I personally believe that regulation will be good for the potential long term of the currencies and technology."

This "advantage" is one of the reasons why I was attracted to cryptocurrencies, however, realistically governments are not going to disappear with blockchain technology. They will want to maintain some type of control; and identification is an easy requirement, as one needs to provide identification when buying a car or going to the doctors. The masses still "trust" governments and institutions, at least in the US. It'll only be adopted on that scale when regulation is in place and governments show an acceptance of cryptocurrencies.