> “If any exchange is safe, it's Coinbase”
Ok, so other exchanges are worse.
> “Somehow you extrapolate this to ‘all exchanges’”
You just told me the other exchanges are worse.
> “You are attempting to frame them as fat cat wall street types purposefully driving the company into the ground at customers' expense”
It doesn’t have to be purposeful. At the rate Coinbase is piling up losses, it will eventually be bankrupt, and executives will have accumulated billions while customers will lose billions. The SEC isn’t going to force a bankruptcy; Coinbase’s own poor management seems to be doing it.
> “… is welcome to move their assets on-chain. Many people advocate for that.”
Oh, I see you agree with me that nobody should use crypto exchanges in the first place. Because they will lose your money.