27 sats \ 0 replies \ @Tenuki 21 Nov 2022
Ok but is Coinbase whole?
reply
1 sat \ 0 replies \ @rothbardllc 21 Nov 2022
50%+ discount to NAV on GBTC right now, equivalent to about $7,730 per BTC.
Crazy times.
reply
1 sat \ 1 reply \ @nerd2ninja 21 Nov 2022
-
If coinbase went bankrupt, all their holdings go to whoever they owe debt to from what I understand
-
That's a lot more shitcoins that greyscale owns than what I thought (Thought it was 0)
-
Don't trust verify. "We're regulated" isn't good enough. FTX also claimed to be regulated and trusted by businesses.
reply
15 sats \ 0 replies \ @f321x_ 21 Nov 2022
FTX even lobbied for more regulation :D
reply
1 sat \ 0 replies \ @ln123 21 Nov 2022
https://nitter.it/fxmacro/status/1594665597593300992?s=46&t=nBo5tG1QBSqDcT4n76cJ3w
reply
0 sats \ 0 replies \ @phaedrus 21 Nov 2022
Coinbase saying it's secure means very little to me. Folks, don't let your friends loose their bitcoin.
reply