25 sats \ 0 replies \ @jk_14 16 Jun 2023 \ parent \ on: Blackrock spot ETF - let’s talk bitcoin
and you come to redeem but I never had the bitcoin, I’m out of pocket
but not all will want to redeem "BlackRock Bitcoins" in the same time - and that's the same trick which allows banks with fractional reserve to exist still ;)
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