TheGuySwann on Nostr: PSA: If Coinbase is rehypothecating user owned #Bitcoin to “back” the ETFs, ...
PSA:
If Coinbase is rehypothecating user owned #Bitcoin to “back” the ETFs, Coinbase could end up as the new FTX for this cycle.
Are you prepared for the fallout from that? Hold your f*cking keys while it’s still cheap.
——————
(Related: BITCOINAUDIBLE gets you a discount on the Coldcard. You should already have one, but just in case)
Published at
2024-06-13 13:06:09Event JSON
{
"id": "30c5719abf3e55c1dd26896aa15b974cc085016cfea1fb1f5c07346c1a5a8fa5",
"pubkey": "b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc",
"created_at": 1718283969,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "PSA:\nIf Coinbase is rehypothecating user owned #Bitcoin to “back” the ETFs, Coinbase could end up as the new FTX for this cycle.\n\nAre you prepared for the fallout from that? Hold your f*cking keys while it’s still cheap. \n\n——————\n\n(Related: BITCOINAUDIBLE gets you a discount on the Coldcard. You should already have one, but just in case)",
"sig": "acd8ea6845cca5e0f692957f4250e660bfd7acd236fbf133d3a0a3890b9b462c8fe60e55c8a8710866432c5002220df022de7231b38c1380163535a43e378950"
}
