Rob on Nostr: Can't help but wonder how much actual Bitcoin is being bought at Coinbase and by all ...
Can't help but wonder how much actual Bitcoin is being bought at Coinbase and by all these institutions and soon to be strategic reserves. If it isn't on-chain, don't believe it. Coinbase can fake liquidity and control the price, and this only gets exposed if everyone withdraws. Exchanges are as bad as central banks.
Published at
2024-12-22 17:31:51Event JSON
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"content": "Can't help but wonder how much actual Bitcoin is being bought at Coinbase and by all these institutions and soon to be strategic reserves. If it isn't on-chain, don't believe it. Coinbase can fake liquidity and control the price, and this only gets exposed if everyone withdraws. Exchanges are as bad as central banks. ",
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