Hopeful_Sat on Nostr: A lot of rumors going around that coinbase is issuing paper IOUs to blackrock for ...
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
- 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