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they apparently don't hold their keys so its only paper bitcoin. I don't know if CB does fractional reserves.
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Microstrategy has never published proof of reserves like Elsalvador or Tesla. Just word of mouth, not word of proof. A huge rug pull will occur…
Stack those sats as a store of value to start. Once you have enough like Darth and others spend away!
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paper Bitcoin?
because they don't control the keys themselves?
Or is it confirmed that Coinbase only holds fractional reserves?