I mean, the vast majority of people will not "go back" to piracy. Piracy isn't a...

I mean, the vast majority of people will not "go back" to piracy. Piracy isn't an option that's on the table for them. But you're missing the point.

>Any speedbump to UX is a lost customer. You can not and should not assume that users are going to jump through hoops

So... CAPTCHA isn't a hoop? Both scenarios are hoops.