Coinbase Is Building a Surveillance Bridge to Bitcoin⚠️⚠️⚠️
Coinbase now demands users “verify” their own wallets before sending Bitcoin. The intent is clear: attach legal identity to on-chain addresses. Once done, every movement of funds becomes traceable, indexed, and stored forever.
This has nothing to do with protecting users. It’s about feeding data to regulators and enforcing KYC at the edge of the network. The irony is sharp: Bitcoin was created to remove the need for trusted intermediaries. Coinbase is rebuilding them complete with ID checks and transaction logging.
The blockchain doesn’t forget. Once an address is linked to an identity, analysis tools can map behavior, associations, and history. Every coin becomes suspect. Every transaction, a dossier.
Cypherpunks didn’t write code so exchanges could turn Bitcoin into a compliance layer for the banking system. Bitcoin is peer-to-peer. It doesn’t ask for your ID. It doesn’t care where you live or what your name is.
If you value freedom, stop using tools that betray it.
Run your own node. Hold your own keys. Use coin control. Exit the honeypots.
Bitcoin doesn’t surveil people. Corporations do.