Replying to Avatar Bitcoin Wizard 🧙🏻‍♂️

When Coinbase ever gets hacked, this industry is going into an economic depression of its own:

- All the BTC held in the ETFs gone

- All of $MSTR BTC gone

- BTC held by Public companies gone

- BTC held by US Mining companies gone

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x 1y ago 💬 2

If this ever happens we'd see a hard fork attempt to try and recover the funds which will most likely result in another bitcoin cash situation where they lose value immediately against the real BTC.

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fc994dc4... 1y ago

So much fun! Can't wait!

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Leito 1y ago

Funny thing would be that the hackers would have the economic capacity to prevent the fork.

All this companies would get bailed out and it would become a fight between the network and the money printer