2PacStackur on Nostr: Paper bitcoin will eventually get short squeezed unless you end up with an FTX type ...
Paper bitcoin will eventually get short squeezed unless you end up with an FTX type scenario where paper bitcoin suppressed price then when they blew up they were bankrupt so couldn’t pay back the coins. MSTR and Coinbase would have to bankrupt and then we could see ppl facing criminal charges. So it is doubtful but possible. Otherwise when settlement comes and there isn’t enough coins then the Coinbase would have to buy coins to settle there debt and the added demand would squeeze the price up, kind of like the naked shorts in GameStop scenario, different but similar.
Published at
2025-02-04 22:10:31Event JSON
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