Dodgy fiat type practices (such as rehypothecation, over-leverage, naked shorting) on Bitcoin will be severely punished by the protocol. Over the next 24 months it’s very likely that some big names will fall. Odds based on previous cycles are, that out of Coinbase, BlackRock and MSTR at least one of them will make a fatal error this bull run. Any thoughts … 💭@Jeff Booth @jimmysong @jb55 @Excellion @preston @saifedean @cory @petermccormack