parman_the on Nostr: Blackrock owns exactly zero Bitcoin. Not even their customers own Bitcoin. CoinBase ...
Blackrock owns exactly zero Bitcoin.
Not even their customers own Bitcoin.
CoinBase owns it.
At any point, The tyrannical US government can forcefully seize all of that CoinBase bitcoin in exchange for a fixed price US dollar amount.
For everyone else (US tax cows) who have bitcoin in self-custody, they can only scare them into handing the Bitcoin over.
Or scare them into not leaving the country.
Published at
2024-05-02 12:25:01Event JSON
{
"id": "204da655d2cc97f28b5bb6edf54bb23b001d3d017a223ddb48fab8e9906abbf0",
"pubkey": "fad6540c8f2fd2a16a25d0d82dd95d3bad7890d435d1690848a0a77d2883a447",
"created_at": 1714652701,
"kind": 1,
"tags": [],
"content": "Blackrock owns exactly zero Bitcoin. \n\nNot even their customers own Bitcoin. \n\nCoinBase owns it.\n\nAt any point, The tyrannical US government can forcefully seize all of that CoinBase bitcoin in exchange for a fixed price US dollar amount. \n\nFor everyone else (US tax cows) who have bitcoin in self-custody, they can only scare them into handing the Bitcoin over.\n\nOr scare them into not leaving the country.",
"sig": "bed26c8fa5499eeaf48bfcab80f72e83b65c77c55cf19fd5976dbe3011f7198ac1abebe354cc4e063f33c4ba4a8c661e842d7f70bf263e3d4d1f559a86d14a67"
}
