> By the way Coinbase already has the possibility to blacklist any USDC address it is required to do so by law enforcement
> So in a way the day you're talking about is already there
In a way, yes. But there's a difference between "being required to do so by law enforcement" and "doing it preemptively". And obviously, there are many exchanges other than Coinbase.
The point is, I'm not even a crypto fan, but everytime someone comes up with the "how are crypto useful?" question, I can't help thinking "at the moment, they're the only alternative to VISA / MC for payments".
> So in a way the day you're talking about is already there
In a way, yes. But there's a difference between "being required to do so by law enforcement" and "doing it preemptively". And obviously, there are many exchanges other than Coinbase.
The point is, I'm not even a crypto fan, but everytime someone comes up with the "how are crypto useful?" question, I can't help thinking "at the moment, they're the only alternative to VISA / MC for payments".