The typical problem humans have when they are able to build something big: hunger for control and power.
I am having the same concerns regarding Binance as well. The fact that CZ is expanding so widely and at such a fast pace puts his entire holding and true interest under a big question mark for me:
What happens if the government wants give him a very good offer in the exchange of everything he holds about his customers?And this is not even the worst part: if there was to be an "internet war" between choosing Coinbase/Binance and Bisq to survive and evolve, I'd bet +60% of the people would choose the former. It's one of the first names you hear about when you create a wallet.
This isn't something very new -
Amazon has filed a patent more than half a decade ago to help with the identification of BTC users. These news come slowly every now and then, but if you take a piece of paper and put all these things on it you'd find out probably two thirds of the entire currently existing Blockchain industry is
against Bitcoin's fundamental ideas.