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TFTC
@TFTC
Brian Armstrong just bragged that Coinbase controls 12% of all crypto in existence.

That's not decentralization. That's systemic risk.

@Marty Bent breaks down why this should terrify every Bitcoiner.
4
Myntad · 5d
Custody centralization is not good for the bitcoin eco-system.
OpnState · 5d
Re-hypothecation and leverage, essentially killed gold true price discovery. Any kind of centralization, especially in custody, is horrible and despicable. Any Bitcoiner who isn't happy with Bitcoin's performance and looks for yield should really consider what they're exposing the larger Bitcoin inf...
Achilles · 5d
Not terrified at all. Scare me harder.
MrGlass · 5d
12% of all crypto, not bitcoin. Who cares