This is not so. Coinbase and Gemini (I haven't checked others but I'm sure they're the same) will freeze your assets entirely if required by law or if you violate the user agreements in some flagrant way [0] [1].
[0] https://support.coinbase.com/customer/en/portal/articles/190...
Just trade on all the other less regulated exchanges. Or localbitcoin. Or, you know, buy stuff.
> and speculation is crypto’s only use case today.
Or you buy stuff... For example:
* Webhallen (huge Swedish online shop)
* scan.co.uk (uk based computer online shop)
* purse.io (buy stuff from amazon)
* fastmail (emails)
* VPN/VPS/domains from various providers
* darknetmarkets
Like I side, speculation is the only thing you buy BTC for (moon!!!111), and the exchanges will prevent you from doing this if you are related to blacklisted accounts.
Because they give discounts up to 15%.
I'm sorry it doesn't fit your narrative but there are reasons to prefer cryptocurrencies.
You've ignored the rest of the list in the comment you’re replying to.
edit: Perhaps the lesson here is the more useful something is, the less freedom you have in using it. After all, why would regulators care if you can "use bitcoin" when "use" means "play with my private keys".
