Coinbase Id verification

So i just ran into this for the first time. Coinbase is now requiring me to give them a copy of my drivers license front and back. I looked it up and this is there explination. https://support.coinbase.com/customer/en/portal/articles/1220621-identity-verification
I figure its another plot for the goverment to know whos buying/selling crypto and to keep track of how much so uncle sam can get his cut

If coinbase mass requires this i bet they would lose alot of buisness. Thats probably why they are "randomly" requiring it every so often