#Coinbase is the vehicle that will be used by #Blackrock &co to fund their #EFT business.
Means they will just lend the #BTC from Coinbase to,sell eft's.
The conclusion is that in the end we will not see a bear market due to the eft's showing up. But same time they are risking a squeze out when people start to take their BTC off the exchange for self custody.
At least this could be a possible szenario.
Mateusz
I can see that happening, CB is a public company, its got a good track record its willing to play ball with regulators and big companies in the space already custody with it.
My thing is it just becomes a massive single point of failure, a hack, or a fortress style F up with keys can leave a bunch of people shit out of luck
So many examples of that already. Simply put, you can't print bitcoin to paper over the shenanigans
ETF's have purely nefarious purposes:
1. To absorb public interest by selling bitcoin "shares"
2. To create an unlimited supply environment in which to crush the dollar value of bitcoin, like they do with gold
Prove me wrong
