Does this reverse anything for Saylor/MSTR? I’m confused here 

 😒 You and me both. 

 Abstract Power Projection

Vs

Physical Power Projection

We all know who ultimately holds the Power 

 RIP those who were saying that the ETF was so much better because you’d be able to borrow against it like any other security.

There you go, sweethearts. 

 This isn’t surprising considering Coinbase can nuke 90% of the ETFs if they fail as a custodian.
This is basically confirming that Bitcoin can’t be rehypothicated so you can’t lever the shares.
Bullish 

 Does this relate to Michael saylor? 

 partially YES MSTR wallet can SEIZED during national emergency 

 So you can't buy the ETF shitcoin on margin? 

 I mean like what other kind of borrowing against securities is there  

 DTCC, via its subsidiary Cede and Co, has legal ownership of nearly all securities in the US. That's correct, you actually do not have legal ownership to the stocks in your portfolio. They own it and ultimately control it. 

DTCC gives bitcoin no collateral value because they cannot merge BTC into the legal framework that would allow them to take ownership.   

This may be bad for number go up in the short run, but much better for bitcoin in the long run. 

 Senators final wanna BAN SELF CUSTODY n favor above dummies 

 ETF are  METHOD to SEIZE ALL BITCOINS if anyfool SOLD real  COINS bought so 

 DTCC is cumbersome process of getting FULL SELF CUSTODY OF REAL COMPANIES on NON-MARGIN CASH ACCOUNTS- So BROKER DEALER can HYPOTICATE ur HODLING 

 in real life 3% of user EVER USES IT OR BROKERS  ALLOW IT
very high fees 

 It's really afraid