I just got an idea, one where you would sort of remove and keep the coordinates.
What we need is a new item, next to a compass, which is 'sextant'. Idea is that the coordinates are removed from the status bar. If you want to know your location, you need to use your sextant and wait for few seconds.
I will post this idea to suggestions as soon as I get home so I can start a new thread (doesn't seem to work with android browser for some reason). That is unless you people bash this idea right away.