😂 Clown World Rugpull commence nostr:note1rjwp9qnjv2lmwr2rqldsn3r3qj9j9axd45uxu09sx7mhl2w2gg5qtm7lus
Discussion
Has something specific happened - or just general tom foolery of Coinbase?
Because I didn’t know origin of that term and others may also find interesting:
The phrase **"tomfoolery"** originates from the term "Tom Fool," which was used in medieval England to describe a foolish or silly person. "Tom" was a common generic name used to refer to an ordinary or everyman figure, similar to how "John Doe" is used today. Over time, "Tom Fool" became a stock character in plays and folklore, representing someone who acted recklessly or foolishly.
By the 17th century, "Tomfoolery" evolved from this character, and it started to refer to foolish behavior or silly antics more generally. The word continues to be used to describe light-hearted or nonsensical behavior.
BlackRock wanted Proof of Reserves. Even the counterfeit class don’t trust Brian 😂
That’s ok I guess as long as everyone doesn’t ask for proof of reserves ;-)
Pretty daft of Blackrock this wasn’t a stipulation of using them as custodians from the get go.
It was always going to happen. It’s a Rugpull in waiting, maybe this cycle’s FTX
I don’t see this happening.
Coinbase will die. But it will die via shitcoin.
Their BTC business will either be acquired or it will be killed over time via attrition. Institutions will play with them until they just step on them.
