exist270 on Nostr: Now do #Coinbase custodial wallets. 💁‍♂️ It's another one of the biggest ...

Now do #Coinbase custodial wallets. 💁‍♂️

It's another one of the biggest threats to the #Bitcoin / #BTC network currently. 🤙

quoting nevent1q…gr6l

If I'm understanding this info correctly…

#Coinbase is an absolutely dogshit company that fumbled a once in a species opportunity. 💁‍♂️

Founded in June 2012, they watched THIS happen:



…w/o accumulating any #Bitcoin until Q4 2020. They currently own ~₿9K-9.5K #BTC. 🤦‍♂️

They watched it go from ~$6 to ~$20K & never once in that whole time considered accumulating any for themselves. 🫠

For EIGHT years, they operated in the space & never supported the underlying asset; they sold shovels & pickaxes because they are grifters. ⛏️

They didn't believe in Bitcoin, shilled shitcoins, didn't actively help secure the network & didn't push #sovereignty for their users. Sure, they wrote articles about #ProofOfReserves, but they didn't provide any themselves until their hand was forced. 🃏

It appears that they came to the space solely to leech off of it, but were so myopic about being parasitic that they missed the whole play & are now forced to play catch-up. 🏃‍♂️‍➡️

; ~13 years operating as a company & they have yet to break 5-digit holdings of the orange coin. 🙃

So remind me again…

WHY TF IS ANYONE LISTENING TO BRIAN ARMSTRONG?! 🤔

Get your shit off exchanges today. 🤙