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61 sats \ 5 replies \ @Jon_Hodl 30 Dec 2024 \ parent \ on: MicroStrategy Acquires 2,138 BTC; Now Holds 446,400 BTC bitcoin
Yes, I’m talking about Coinbase selling paper bitcoin but I think Saylor is part of a larger scheme that suppresses the price via fractional reserve.
I really wish everyone would get their bitcoin off exchanges. These guys should be stress tested. What happens when 1M coins move in a week?
My guess is after a couple days they pause withdrawals.
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🎯
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This paper bitcoin is becoming more and more worrisome.
Now that more companies are buying bitcoin, I think there is more potential for another big fraud to happen.
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Just wait intimately there’s a “strategic Bitcoin reserve”
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If they publish it like they did in el salvador, there wont be any problems.
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