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[–] 0 pt

Because you can still download crypto onto a cold wallet and use it peer to peer without an exchange like coinbase.

[–] 2 pts

The transaction will still wind up logged in the blockchain, that is if the device storing the wallet isn't bricked remotely for any reason.

[–] 1 pt

You can’t brick a wallet remotely.

[–] 0 pt

That's why I stated the device the wallet is stored on.