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HomeCommunityPost Detail

Jameson Lopp

Post detail
Jameson Lopp
@lopp

Blackrock doesn't own 1% of the Bitcoin supply. It has IOUs to 1% of the supply that it holds on behalf of its clients.

Thus IBIT holders own IOUs of IOUs. 😬

March 22, 2024 at 1:16 PM
Twitter@lopp|13:09 PM - Mar 22, 2024
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