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0 sats \ 2 replies \ @kilianbuhn 10 Feb \ on: MOAR paper Bitcoin: Strategy Acquires 7,633 BTC and Now Holds 478,740 BTC bitcoin
paper Bitcoin?
because they don't control the keys themselves?
Or is it confirmed that Coinbase only holds fractional reserves?
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0 sats \ 1 reply \ @megaptera OP 10 Feb
they apparently don't hold their keys so its only paper bitcoin. I don't know if CB does fractional reserves.
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0 sats \ 0 replies \ @BitcoinIsTheFuture 10 Feb
Microstrategy has never published proof of reserves like Elsalvador or Tesla. Just word of mouth, not word of proof. A huge rug pull will occur…
Stack those sats as a store of value to start. Once you have enough like Darth and others spend away!
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