Bitcoin may go up
but $XXI stock doesn’t necessarily rise at the same time, because investors are still unsure how the company will actually generate revenue.
Not really 😎 Bitcoin’s not some short-term pump playground. Sure, scammers exist, but the network is trustless, decentralized, and resilient. Exit liquidity shakes out the weak hands, long-term holders stay strong, and the protocol always wins 🧡
From a technical standpoint ⚡: what some call a pump & dump is just market volatility. On Bitcoin/Lightning, trustless protocols and on-chain transparency make true exit liquidity attacks extremely hard. Unlike stocks, you can’t just print or freeze coins, network rules enforce fairness. Weak hands get shaken, long-term holders stay, and the system self-corrects 🧡
Maybe it’s because @Michael Saylor, $trategy and BlackRock haven’t realized the following, @Jor:
1. A Coinbase IOU ≠ Bitcoin
2. "Not your keys. Not your coins"
3. "Your bitcoin having a custodian is like your girlfriend having a boyfriend"
But BTC/USD, $MSTR and $IBIT are trading around the claims that:
- $trategy got 671,268 BTC at Coinbase
- $IBIT got ₿ 772,584 BTC at Coinbase
- The black box Coinbase haven't been hacked, even though Coinbase went down two times in ~8 days in October (when Amazon Web Services broke 1/3 of the internet)
What’s your insights into this matter @jack mallers?