There are "Know Your Customer" laws that force money-related businesses to collect information on their customers. This is to prevent "money laundering" which is what they call breaking the link between a crime and money from that crime. It is a pretty massive invasion of privacy but there really isn't any way around it if you're dealing with large amounts. The whole point of Bitcoin is that it can't be debased through inflation. Inflation is a covert taxation tool. By using Bitcoin you can mostly avoid inflation..