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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.
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