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20 sats \ 1 reply \ @jakoyoh629 8 Mar \ parent \ on: 4% of The Entire Bitcoin Supply is Now Backing US Spot ETFs bitcoin
This is news to me. Can Coinbase use those Bitcoins for other purposes? Or are you concerned about something else entirely?
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37 sats \ 0 replies \ @grayruby 8 Mar
No they can't use them for other purposes, at least not legally, but it's a lot of Bitcoin in one highly regulated entity that the government wields a lot of power over.
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