So the other side of the (bit)coin is that the banksters and the eurocrats will know how many bitcoins you have in there, how do you trade them (capital gains? repent!) and above all they will be enabled to lock your bitcoin-backed credit card if you end in some black list of them.
Thanks, but no thanks.
After all these efforts and complications to get out from the banksters' matrix, it is ironic to get back at square 1.
Very good point.
For those of you (and I know you are not insignificant in number here) who think of Bitcoin as a weapon to be used in the war against the establishment I can see that Bitcoin-Central's move may be seen as fraternising with the enemy. I which case I can see that this is not a service for you.
However, for the rest of us it's a means of potentially integrating Bitcoin more into the normal lives of normal people and in terms of more widespread adoption I can't see (if it really does survive the potential attacks that are being pointed out) that being a bad thing. To the contrary it will be doing a lot to broaden the userbase and consequently strengthen the project - and we all benefit from that regardless of whether we choose to use the service ourselves.