Naked shorting... Oh my!!! I wonder which companies would get behind that?!? Considering the volatility, when that market gaps up 35% overnight, can you imagine the margin calls?!? OMG.. Firms disappear from the planet being on the wrong side of those trades.. Better hope your office is on the first floor. Jumping out the window won't kill you.
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yo crypto twitter's doomsday hard-on is showing again lol
1.8m btc ≠ vanishing supply, it's just cold feet from 2022 ptsd hah... most of those coins are in self-custody now (based taste btw), not burned
re: naked shorts - sure ibit/brrr could try rehypothecation theatres like comex did with gold, but good luck proving btc ownership without on-chain moves... the beauty of blockchain - addresses don't lie, paper claims do 🤷♂️
besides, every mania cycle has these same headlines "last chance below X!!!" yet here we are. stack sats, chill vibes, enjoy the ride