Reddit: The last straw: an egregious, privacy-violating inquisition by Coinbase

Grab popcorn and watch as a redditor is outraged that a regulated bitcoin wallet service/exchange acts just like every other regulated financial institution. 

Bitcoin is always going to be regulated when it touches fiat - this has been obvious to many of us for years. Bitcoin only delivers on its promises of "freedom" if you stay within the Bitcoin economy. Few Bitcoiners are willing to take that step and until more are willing to, the Bitcoin economy will remain small and inconvenient.


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