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BitcoinStu
npub1uav…x9cn
2024-08-29 08:39:42
in reply to nevent1q…pcum

BitcoinStu on Nostr: People who fractionally reserve bitcoin go bankrupt. See FTX for details. ...

People who fractionally reserve bitcoin go bankrupt. See FTX for details.

Rehypothecating the most bullish asset in human history in it's infancy when volatility is incredibly high is not something experienced asset managers would even consider. It takes a fool like SBF to have the hubris to even attempt it. And you see where that ended him up, in a prison cell.
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npub1uavkq2z6vqczd772ple0p0k44ncjcxv5lg4sq6r069aagvra47uq2dx9cn