I think if this is your philosophy, Coinbase isn't your exchange, and they've been very forthright about their mission to popularize Bitcoin by complying with r

I think if this is your philosophy, Coinbase isn't your exchange, and they've been very forthright about their mission to popularize Bitcoin by complying with regulations rather than trying to skirt them basically since day one. And this strategy has made them effectively the first mover on Bitcoin in every sense that matters even though they were pretty far from first to market. I think this note from Coinbase is exactly what I would hope they would do in such a situation: reject an overly-broad request while restating their willingness to comply with all regulations and legal requests, just like a traditional financial institution. Many of us are not interested in turning every situation into a political or philosophical battle. I'm glad that there are options out there both for people who do and people who do not.