Who's duty is to watch over institutions offering Bitcoin to their clients? Who's checking the holdings vs issued ratio?
I have this weird feeling about big financial institutions offering Bitcoin to their clients.
They always thrive to profit out of thin air.
Don’t trust the suits
Not your keys, not your #Bitcoin
May be this leads to de facto shorting by those who fraudulently selling what they don't own. And this might lead to a cleansing of the smaller fishes in that particular branch of the financial industry. Might this be a possibility? I think so. But who knows...with every other asset they win so far, so my assumption might very well lack knowledge or be based on HOPE...
