Post
Topic
Board Bitcoin Discussion
Re: US Govt asking Coinbase to share customer's acts detail - is it the beginning?
by
Yakamoto
on 02/12/2017, 22:22:12 UTC
Well not sure how relevant it is to ask however feeling an urge to know the thoughts floating at this moment in general in the minds of those who are more knowledgeable on Crypto platform than me.
What impact do you see of recent US GOVT decision to ask Coinbase to share customers acct? Coinbase did a well defending fight but to loose eventually to the Big sharks and been ordered to share customer accts having transactions done worth more than 20K. It might just be a beginning however it gives me a bit alarming sense to stay awake and take precautionary actions...I honestly do not know what could that be.

Appreciate thoughts and discussion around it.
As other users have specified, it seems more than less like they're going after those who had transferred a specific quantity and who have had the value balloon into a massive portion of value. If you didn't transfer large amounts like that then I wouldn't be worried to be honest. I used Coinbase and I have yet to get v& if there is something going on, but I should also say that I'm not American.

I'd just start to transition away from online wallets as they start to come after attack from government agencies hunting for information. That's what I'm starting to do.