Fun to see how bitcoin has come full circle in reinventing everything its cheerleaders initially railed against: fraud, then centralization, regulation, and now “censorship”. I guess the lesson here should be about the primacy of law, and how you won’t succeed in using technology to undermine it.
But the fact is, there's always a price to decentralization. Centralized services are fast and can be cheaper! It's not a huge surprise that something that seems bulky and annoying to deal with has sprouted companies like Coinbase.