hm, they arent short and they have a defined open and close price which supports your intuition about legal structure.
their market makers and trading desks carry big locate risks - the mms are short the price until they locate the coins.
something akin to a short squeeze is a fork and that could definitely impqct black rock. they have discretion over which fork the trust adopts. if they adopt the wrong fork according to the network they will be long the wrong thing and short the right thing. even still this would just hurt though a reduction of aum not a loss of collateral.
there then is the big issue, loss of collateral. i do not like their custodial concentration at coinbase. its irresponsible to not diversify secure implementations. like keeping all cash at one bank.
no doubt the otc desks were happy to get some inventory
✅ take me higher
✅ stay humble
✅ hodl
✅ off exchange
do you hve any wild ass guesses? those are always fun
indeed, some more than others, those who dont likely outsource to those who do.
like others, im quite concerned about the consolidated custodial risk at coinbase.
6102 aside, what do you suppose is blackrocks worst case? how do they get side ways on this?
seems like they are in a great rent seeking position.
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If you buy KYC-free and P2P no one should be able to know you bought crypto in the first place.
If you aren't already familiar - get comfortable using privacy tools. Use a good VPN like Mullvad or IVPN and/or Tor. Keep your real identity completely separate and don't mix them. Create an email specifically for these things with Proton or Tuta. Use email aliases and temporary emails where you can. Use burner numbers or no-kyc sms verification websites when they're needed to create accounts. Use encrypted messengers like Signal, SimpleX, Session, XMPP (OMEMO), or PGP to communicate.
#1:
Best way would probably be to withdraw physical cash and send cash-by-mail using LocalMonero, Bisq, HodlHodl. Or find crypto ATMs near you with little to no info required and buy using cash.
For a bit more convenience and speed you can use payment apps like Cashapp, Paypal, Zelle, etc on those sites above. There is no way for them to know you sent a payment for crypto unless you say that. You can make up a reason or simply leave the memo blank. If you just use common sense and avoid suspiciously large amounts, you won't draw any attention either...but I'm sure you want to be extra cautious after what happened and I don't blame you.
#2:
If you know friends/family/someone that already buys crypto off exchanges anyway, and doesn't plan on changing that, you can get them to act as your proxy. Ask them to buy you crypto and pay them for it for a slight premium to incentivize them. Ask them if you can buy something they're already planning to buy or pay bills for them in exchange for crypto.
#3:
Sell stuff for crypto locally, over Telegram groups, or on p2p markets:
https://t.me/bitcoinp2pmarketplace
https://anarkio.codeberg.page/markets/
Monerozon and PeerShop allow you to buy anons something on Amazon and get paid in Monero. You wont know the person or their address, they wont know who you are, and Amazon won't know you're getting paid in Monero. Fairly new though so not much traffic atm.
Last method I can think of is to freelance, work under the table, or do odd jobs and ask them to pay you in crypto.
I'm sure I'm forgetting a few things...
Check my profile for links and more info
I'm not telling you what to do this is just me thinking out loud. This is just how I would do it if I was in a similar situation.
another bookmarked note fren. cheers
nostr:note1qyt6uussn0ftl6gsneyt2a2wpcs8fprdnup3lg4qsfezesytdydsapguyyemail logins are obnoxious
you said it. grifter extraordinares.
modern day union organizers of the populace's health. they are goons.
she will get eventually.....right?
