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It does have something to do with US entities. If the goal was anonymity, this move shows that it’s possible for it to be taken away by local entities. Imagine if all countries and localities did this.

Also: re your comment below a reply, yeah sure you don’t need Coinbase to trade crypto. coin ase is complying with local regulations, others will have to follow. So again, the original comment from OP around promises of Crypto is still accurate

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> If the goal was anonymity

its a public ledger, the goal wasnt anonymity, it was autonomy

that's moving the goalposts. It was about anonymity too.

Just a nit - it was about pseudonymity, not anonymity.

Still worthless tech, but in the interest of fairness. :-D

Bitcoin's original design was a public ledger with all transactions publicly visible. That has never changed since the beginning.

True, but a not insignificant part of the pitch was also pseudonymity (rephrased from anonymity from strofcon's comment).

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