There are two values to every coin: its price @ an exchange (where KYC deflates the overall utility) and the price @ the street (where anonymity & utility is maximized, and the price reflects this).
Your ticker lies.
YES. KYC/AML/'joining' are all barriers to utility. p2p without any of that nonsense is priceless. Prices you read about in exchanges are fiction, when SHTF exchanges will die.