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10 sats \ 1 reply \ @2bithits 21 May 2022 \ on: How Bad Do You Think Bitcoin Rehypothecation is? bitcoin
I think we'll never know
Might need a totalitarian 6102 world law to shake it all up & see how much these exchanges have.
Hope not.
But anyway, I know what I got & will watch from a place of comfort
Indeed, I would just like to know some kind of estimate to how much we overleveraged, gold they say is about 293 paper ounces for every physical ounce, so imagine that blow out should physical redemptions be a thing that couldn't be stopped.
I too watch with my goodies safely custodied, but I'd like to be able to help as many as I can get to this point of safety, as much as I like seeing shitcoiners getting rekt, i don't want the normie who got half way in and got their bitcoin, but didn't take the next step lose their shirt
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