Rabbit Hole Recap #231: There's a run on the bitcoin banks!
Rabbit Hole Recap
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99% of People Who Take Their Bitcoin Off Exchange Are Going to Lose It
I expect most governments to try to ban Bitcoin. We're going to see the first signs of that cutting off financial access, cutting off banking access to services that enable easy self custody. And then you kind of just push people to services like fidelity or something that don't allow withdrawals that are completely and utterly captured with KYC. Yes, expect it. Probability lower than FTX though.
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