Rabbit Hole Recap cover image

Rabbit Hole Recap #224: Largest Bitcoin Miner Potentially Bankrupt

Rabbit Hole Recap

00:00

The Power Structure of Bitcoin

MakerDAO deposits $1.6 billion in the Coinbase to hold their reserves. While this is really a bunch of Russian dolls, like those stacking dolls, it's just extreme risk. These people only decentralized the name Dina; they can rug pull you or exit scam you. But at least it's relatively clean and simple. This is hilarious. So they had a doubt vote on this, right? There's just so many layers to... This is just a straight clown world post that I just thought was funny, so I put it in.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app