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2023-11-09 00:12:49

DWOLFBTC on Nostr: Note to exchange holders When! The #bitcoin physical supply is all owned and ...

Note to exchange holders

When! The #bitcoin physical supply is all owned and accounted for

There will be 3-5 million Bitcoin eliminated in paper exchange holding

Don’t cry when this legally happens

1: You bought 20k worth of bitcoin
2: you left it on exchange
3: it’s worth 400k in bitcoin
4: Exchange doesn’t have your coin
5: if you never bought it they never sold it
6: you’ll receive your 20k back

DO YOU GET IT …. Legally they aren’t holding your bitcoin and sold you nothing… so they don’t have to value anything… just refund you and laugh

Legally this is procedure… they pay a fine, you get a refund eventually

SELF CUSTODY OR DONT CRY
Author Public Key
npub1znvyq8yk3e9m4gn67y5ndh5tnne3apnqzue56w4panamkzlgd8mqq6hk2l