After all what happened with contagion in the crypto lending sector this year I still can't believe that so many people are not able to distinguish between the independent digital asset Bitcoin and the gross amount of (most probably illegal shitcoins) securities. You would think that a bankrun in crypto could lead to an implosion of the price of BTC. I hasitate calling our society a dumbed-down one for I was educated living in a respectful way towards other people. But...

I hope so. I hope all KYC exchanges burn to the ground.

Well I wouldn't be confident of coinbase holdings if they are custody GBTC and grayscale refuse to sign proof of reseves, they burned through cash in the bull market and there equity buffer they thought they would have doing the IPO isn't as large as it once was, i'm surprised they're not cutting down and doing layoffs yet, I guess they're just trying to project confidence