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Matt Warren | 2 months ago (raw) | root | parent | reply | flag +1 
 It doesn't matter what form of bullshit they settle in. The existence of Bitcoin is going to make these types of a games a lot more dangerous when someone calls bullshit like in 2008.
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Feels Guy | 2 months ago (raw) | root | parent | reply | flag 
 They literally never settle in btc. They can't be blown up they delete ure position. See london metals exchange, gamestop, etc. The etfs exist to control.
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Matt Warren | 2 months ago (raw) | root | parent | reply | flag +1 
 They do not delete anything for me. That's my entire point.
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Matt Warren | 2 months ago (raw) | root | parent | reply | flag 
 They can't delete my actual Bitcoin in cold storage like they can dilute fiat or gold with paper. Taking self-custody of Bitcoin is easy now. Gold isn't. Paper games aren't going to last as long with Bitcoin. Calling bullshit is just too easy and companies like Coinbase will get killed
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Matt Warren | 2 months ago (raw) | root | parent | reply | flag 
 Someone will eventually abuse the IOUs and bullshit will be called. They can't just print the Bitcoin for a bailout when that happens. Someone will have to actually die, which is the way markets are supposed to work. Printing fiat won't help either.