A lot of rumors going around that coinbase is issuing paper IOUs to blackrock for their etf bitcoin... Don't have an opinion on it really, because I just don't know, but:

- I wouldn't be surprised

- They can't do it forever

- I'm getting price suppressed sats that go to cold storage if it's true

Life is really simple after #bitcoin for me

If it's happening, when it blows up, the usd price would probably drop significantly like when FTX blew up, and that would be a good thing for those stacking real, unlevered sats

GM