When Coinbase announces that they custody ~10% of all the BTC that will ever be… 😳

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Posting as :
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Brian Armstrong rn

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funny

And?

And decentralization out the window, sincerely hope a lot of that migrates to cold storage. Spits in the face of BTC core tenants

likefunny

Well realistically only until they go down. And then another 10% of btc will be lost/destroyed/whatever.

My point is that crypto doesn’t need a JPM, but it seems that’s what the consumers want

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Versus the US government controlling 100% of USD…?

10% is majority?

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smartfunny

Eventually people will start holding their own assets but we need technology to catch up and people to get educated. It will take more time but once it happens it will be a beautiful thing. Be patient. WAGMI.

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