the whole point of having a decentralized currency is that it should not matter what the governments and the centralized power says about it, in the end if bitcoin (the decentralized currency) could not operate if they banned it then it should be considered failure. which is obviously not the case, bitcoin is resilient to all the shenanigans that any government or all might pull. and that is why it is unique and powerful.

exchanges and big services like Coinbase are going to always be very slow at solving problems like this because it requires human intervention in something that is automatic and also since it is a security related thing with some risks, they put it off. but usually they end up fixing the issue and since your amount ($880 based on your comment) is high, the chances of getting it fixed is high.

there are certain things that when done to a cryptocurrency they can never be undone. it is like breaking a glass, you can never fix it. and in cryptocurrency world when an altcoin starts out as centralized it can never become decentralized again, that coin has failed in its start. the only possible outcome for these coins is death.

additionally ETH is not even a "currency" which is another reason why the answer to your question is no. and all those who understand the mechanics of it know that already which is why this token has never been used for anything other than ICO scam and trading speculation for pump and dumps.

you and many others like you have been saying this for the past 2 years each time ETH price drops another 10% to 15% and so far each time you say it the price falls another 10% to 15% right afterwards, the result is a total of about 90% dump which is not even slowing down.

the problem is, ETH has an unlimited supply with no demand ever since the ICO hype died and other platforms starter replacing ethereum platform!

people have to realize that newcomers are always going to be surprised to see higher than normal changed such as 7%-10% and percentages like that. it is not that common in other markets. and when that percentage translates into a higher amount since the price is already high (meaning 10% is like $1000) then it is even more surprising.
for us who have been around, seeing that kind of price change is not surprising but someone who is new is going to be confused at first.

it doesn't look like a loophole which businesses bypass when they accept bitcoin as payment when the country doesn't consider it a currency. for instance in US as far as i can tell they consider it a commodity and yet many services directly accept bitcoin payments without a payment processor. if i am not mistaken Microsoft has been one of those who have been accepting direct payments.

the only impact that this can have is that it can help some of the newcomers who started in 2017 and were misguided into thinking shitcoins they are holding have a future to stop bag holding and start seeing the only real cryptocurrency that exists and has a good future.
it is also a process that keeps on repeating every couple of years. first a ton of new shitcoins are created bloating the total market cap and fooling a lot of newbies then they start getting dumped and popping the total market cap bubble and all those newbies who lose money either go away or start only holding bitcoin.

the number is soon going to start declining as Craig Wright who is the father of all the scammers is now going to pay a ridiculously large amount of money since the court decided he is scamming. and that is a good lesson to all those who keep coming out and start scamming others by trying to steal Satoshi's identity.

unfortunately that is correct. that is why whenever there is a large scale altcoin dump, like what we had most of 2017, bitcoin price is also put under a lot of pressure and in some severe cases it is pushed down due to the massive altcoin dumps that exit through bitcoin. altcoin to bitcoin to fiat.

you always have other options though, most of the exchanges specially those shady small ones (like Yobit) have fiat markets for all the altcoins but nobody uses them ever.

what i have read on news sites the judge actually explicitly have declared that the court was not to even decide whether he is Satoshi or not, the court was not even supposed to estimate how much bitcoin he may or may not own.
this last part is actually part of my confusion specially since the court's decision was to order him to give "half" of what he owned but at the same time they don't specify how much is the total to give half of it!

https://www.theguardian.com/technology/2019/aug/28/australian-who-says-he-invented-bitcoin-ordered-to-hand-over-up-to-5bn
classic scammer's attitude:

just because you don't understand the protocol, how nodes operate both on bitcoin network and second layer networks and how open source software and protocols work it doesn't mean that protocol is centralized. it only means you have been lazy in educating yourself.

you can not centralize everything!

in the end there will remain fully decentralized cyrptocurrencies (bitcoin) alongside fully centralized cryptocurrencies (Libra?). it has already happened too. right now we have only bitcoin that is fully decentralized then others have traces of centralization with most of the altcoins being fully centralized like ETH, XRP, BCH, BSV, ... basically most of the top coins. the problem is when they are competing against decentralization they will always fail, as it is the case of all these mentioned coins failing these days.

as for businesses i believe anything that has any connection to fiat will be fully centralized, as it is the case with all bitcoin exchanges and anything that doesn't like altcoin exchanges will become fully decentralized and any centralized altcoin exchange like Binance will disappear because they don't fit this world. and the only reason why other exchanges (with fiat) would work is that they will act as the link between the two worlds.

the only reason why anybody should even buy multiple altcoins is the case where you see more than one altcoin is getting pumped and you want to participate in all of them at the same time instead of focusing on one pump.

other than that if you think you are "investing" then you should think again after looking back at the past 10 years. all the altcoins without exception have been falling down in the long term which makes then horrible "investment" but all of them had awesome pumps in short term which makes them best for trading.

the only reason this may seem true is because IEO is the new version of the same failing scheme which game it a temporary life. and it is showing some returns because of that and also the fact that the market has been filled with a lot of newbies who were desperate to make back all the money they lost over the past 2 years (most of them lost around 85% to 95% of their capital).
so big exchanges with a lot of of this type of desperate newbies could target them directly and take their money away from them easier than an ICO could do these days.

then spend your entire balance because as long as you have money you are taking risks even if you don't even touch it! and specific to you, is that when you have no experience in different matters such as trading (since it is posted in this board) then you would be taking higher risks than others.

but if you accept those risks then you could start making profit.
my suggestion is trading, (stay away from lending or any kind of gambling, they are super risky with low reward). for that you have to spend at least 6 months learning how the market works and how trading works in general. then start making profit. if you can do that then begin otherwise don't bother. jumping in and expecting profit will result in a total loss.

blockchain and decentralization are two completely different subjects that are not at all related.
blockchain as i said is just the chain of blocks. decentralization comes from when this chain is held and monitored by independent peers.
in a bank, there is no independence, there is a central authority that decides the fate of the chain. so why call it "blockchain" in first place? all a bank needs is a database and automation of that database is much easier than using a blockchain.

that's the thing with centralized altcoins, their price has nothing to do with what is going on in the real world. their price is 100% manipulated by the owners that are fully controlling the chain and the market both. that is why it has not yet disappeared, they are keeping it alive artificially. and with each pump and dump others also join in because they want profit and don't care about anything else.

that is exactly why they have been trying to force the hardfork on the entire network little by little instead of doing it one go. and being centralized it is an easy thing to do. they already forced one part of it a while back and is pushing the next one soon. this is done so that nobody could remain on the old chain and be forced to go to the new chain without any other option.
in the end i wouldn't make any difference in my opinion. ETH is facing far more serious issues.

LOL.
just like Sun's creation TRON, Libra also doesn't contribute to anything, nor innovates anything. so saying it will do whatever to blockchain's future only shows lack of understanding what the technology is about.
copying the same things that has been done before and creating a new coin that has nothing "new" to it is called copycatting and in this world the product is considered a shitcoin.
then there is the centralization factor and also the fact that Facebook is a known company that is against privacy. and you can see how them entering this space can be even damaging rather than helping anything.

i somewhat agree with things you said here but not this part. it is not about disliking him and it is not an extreme stance because what he has done was not a small thing, he has misled a lot of people specially newcomers and caused a lot of loss for them. you might argue that it is their own fault for falling for his scams but that still doesn't justify the things he has done.
what i am referring to is the endorsement of multiple scam ICO projects which later we found out that he got paid to do. if this was real world and any other market and he was for example endorsing an scam IPO then he would have been behind bars right now.