Replying to Avatar Guy Swann

PSA:

If Coinbase is rehypothecating user owned #Bitcoin to “back” the ETFs, Coinbase could end up as the new FTX for this cycle.

Are you prepared for the fallout from that? Hold your f*cking keys while it’s still cheap.

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(Related: BITCOINAUDIBLE gets you a discount on the Coldcard. You should already have one, but just in case)
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Moon 1y ago

Do we have any credible evidence so far that CB is rehypothicating bitcoin into the ETF. I definitely thinks this WILL happen somewhere at some point but is it now, or are we just pilling on CB because they are awful?

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Guy Swann 1y ago

I think at this stage it is just speculation.