But I find the fatalism exaggerated. Even if the last bull run was 90% flowing into Wall Street products, these can only do fractional reserve to an extent. Let's say Coinbase sold twice the Bitcoins there were, what would that mean? That would mean that if we manage to expose the scam now or soon, Coinbase will go under, not Bitcoin. People using custodial services will go under, not self-custodial hodlers. Most of the cost will be paid by those who don't understand or support bitcoin as it should be. Only if the cypherpunks give up and hand over their coins for cheap will Bitcoin die. Use the remaining economic fire power to fight now!

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