Well, coinbase, so far as I know, has a different database for different jurisdictions. Like my data from Europe will not be transferred to the USA as there is something like GDRP. Nevertheless, this guys need to report to the European states, which is kind of the same as the USA.

Like you said the more they try to control, the more they lose the grip. It is something like a quick sand. The harder one tries, the deeper it sinks.

There are so many alternatives to it, like decentralized exchanges like uniswap or even the good old localbitcoins platform. This site can't be even accessed from an German IP, luckily we have means like VPN, TOR and all the other goodies that some smart and free people brought up to live. There are crypto friendly countries, which are neutral like Switzerland for example.

The world is changing at a very fast pace and we can only decide in which direction, good or bad.

Thank you for the good and interesting read!

Posted Using LeoFinance ^Beta