A threat? I don't know about that. It is still one of the most accessible on-ramp. Not ideal for privacy for sure but you have options. All US exchanges are KYC so no much option there, but after the purchase how these coins get to your final destination wallets is another matter :-) Use your imagination and you can always take it on a boat ride :-) If you want to use P2P or foreign exchanges you will probably pay more but that's your choice.