"Only when the tide goes out do you discover who's been swimming naked” - quote Warren Buffet

Ref. @nprofile1q...'s poll:

“what’s more likely?

1) satoshi’s coin is stolen by a quantum attacker

2) saylor’s coin is stolen by the us gov”

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Mass withdrawals from Coinbase-IOU’s, into self custody freedom money, would in effect be a bank run on Coinbase to “discover who's been swimming naked.”

Bank runs can happen quickly on issuers of Bitcoin-IOU’s from custodians like FTX, Mt. Gox, Coinbase, Celsius, BlockFi etc.

Ask yourself.

What would happen if the following categories started mass withdrawals for Coinbase-IOU’s on Sunday evening?

• plebs
• @nprofile1q...
• freedom fighters
• “Strategy” AKA $MSTR
• every other major BTC “Treasury” Company
•11/12 US Spot Bitcoin ETFs, except Fidelity / $FBTC, which, according to them self, practices self custody.

What would happen with the BTC-price denominated in filthy fiat currencies, after the Coinbase bank run?

But remember what @nprofile1q... have tried to teach you in 21+ Bitcoin-podcast interviews:

“You can’t measure the system, from within the system”

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“Not your keys not your coins”🔑
@nevent1qqs...
@nevent1qqs...
@nevent1qqs...
@nevent1qqs...
@nevent1qqs...