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What a nightmare. On second thought, maybe it will cause a giant big boy disaster.
I despise that company.
Shitcoiners deserve to fail.
Just like BlockFi, which probly woulda survived if they had stayed true to Bitcoin values instead of shitcoining.
I can't help but think Casa is going down a similar path as well, supporting ETH for some godawful stupid reason.
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5 sats \ 0 replies \ @Car 28 Apr
Everyone supports these companies, even the media link that was posted takes sponsorship promoting these companies.
That’s why it’s even more important to support Bitcoin only companies with a mission.
Ever unsure of a company or conference look at the sponsors/partners if they accept 💩coins they are not in it for same reasons you are. They are just in it for money that’s it.
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I agree on all counts.
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48 sats \ 0 replies \ @OT 28 Apr
There's no yield in bitcoin. You don't need it.
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Of course they are.
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so does coinbase offer options trading outside the US? Where is this cash and carry trade occurring?
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“ The yield will be generated through a cash-and-carry strategy, through the difference between spot Bitcoin prices and derivatives.”
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Now that coinbase cant count bitcoin they are holding for other companies as their own, they have to figure out another scheme on how to make money. Their shitcoin fees arent enough.
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A newer tactic is to "trick" as many retail investors as possible into centralized exchanges by attracting institutional investors...this also makes Bitcoin more traceable (at least the part that is on CEX). Don't fall for them...
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