Coinbase was in the crosshairs over the weekend after SEC filings revealed the business sold users’ transactional information to regulators. For most, this was contrary to the ethos of decentralization and cryptocurrencies.
Billionaire hedge fund owner Ray Dalio last week said Bitcoin was a bad investment—because governments will eventually ban it.
Crypto big wigs were quick to disagree.
But some within the industry say not only is it possible, it’s already happening.