Yeah I mean a dinosaur extinction meteor could hit the planet but for most people the determination of risk ends around “Complete collapse of USA/EU governments and their currency”.

It’s probably the most fundamental axiomatic assumption underlying any normal discussion of financial risk.

In other countries, it isn’t. “How can we manage a complete collapse of the Filipino government?” Is a reasonable question.

If the US government collapses, Coinbase won’t have a market to operate in so further discussion doesn’t matter.