CoinBase Is Your Wolf Trap Avoid If You Want Your Future

in #coinbase7 years ago

Every blogger and youtube blogger is putting links to their CoinBase referral, hoping to inch you into signing up and getting started. All sounds good though you ought to know CoinBase is bound to be the focal point when federal dept starts to rile the nest. Your name, data, email, address, bank account will be in the government's hands. Thereby making you stuck in their fatality trap. You will be eventually tracked, taxed, forced, lose yourself under duress.
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Good point. It's nice to see some contrarian views on this subject. Coinbase has done a lot for this space, but ultimately it's a centralised point of failure. And as you correctly observe this failure could very likely be regulatory in nature.

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