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0 sats \ 0 replies \ @cryptofolyo 9 Jun 2023 \ on: The US banning Exchanges would be great, actually bitcoin
I concur.
- Bitcoin will move out of centralised exchanges to on chain like paper wallets
- Exchanges may be using the bitcoins deposited as collateral for executive shorts using derivatives
- This may lead to short squeeze and rise in price as we are seeing now.