Oddbean new post about | logout
 Exactly 

You will be fucked

This WILL happen

Coinbase will cash you out and take your coin 

It WILL happen eventually 
 As the price goes up at some point having individual citizens holding spot bitcoin will become a national security issue and the FEDS will notify every KYC exchange to turn over their bitcoin in exchange for fiat

Some exchanges will fold MOST will
Coinbase 100% will 

Some exchanges will say fuck you to the feds