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
πΏ
Itβs just 10% of total supply. And scarcity ^ up
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That calms me down a little, but blimey, still huge.