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What if they deplatform coinbase due to AML risk... Or some other reason?

• stale2002 7y ago
  Coinbase isn't currently being deplatformed, though. That is a hypothetical situation which seems to me like it would be pretty unlikely. Banks aren't talking about deplatforming coinbase, for whatever reason, therefore it is useful. The whole "what if the government/banks banned Bitcoin!?" Is a pretty silly hypothetical, to me, because if you look at what these groups are actually doing, you will see that they aren't doing this and aren't really trying to do so!
  • lvturner 7y ago
    I get your point that it isn't currently deemed at risk of being deplatformed - but while there are some differences, Bitfinex are having difficulties with finding people willing to bank with them. So there is precedence there.
    • stale2002 7y ago
      Sure! I agree. It might be possible that things will change in the future. And if things change, then I agree that this might cause problems. The only reason why I am sceptical, though, is because I have heard these same arguments, about how the government will ban Bitcoin, for 6-7 years. And yet it hasn't happened yet. So it is totally possible that this time is different. But I just feel like, I need to be very sceptical about these arguments, until they actually happen. Because I heard them before, and those people were proven wrong. But you are right, in that it is very possible that maybe this time is different.