| 11:21 |
asciilifeform |
$ticker btc usd |
| 11:21 |
busybot |
Current BTC price in USD: $39988.26 |
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~ 4 hours 50 minutes ~ |
| 16:12 |
signpost |
asciilifeform: https://twitter.com/BitwiseInvest/status/1750224060620111912 << one of the recent ETF launchers has published the address at which they store the corn. |
| 16:12 |
signpost |
not superior to self-custody, but if this becomes the standard between the address balance and the traditional finance side disclosures, one should be able to tell whether somebody's operating a fractional reserve scam. |
| 16:12 |
signpost |
fuckers are even using a traditional 1-addy |
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~ 47 minutes ~ |
| 16:59 |
asciilifeform |
signpost: how does $user know what their net allocation sum is, tho ? |
| 17:01 |
asciilifeform |
the pile of coin may be visible, but the set of open claims on it -- aint |
| 17:04 |
asciilifeform |
at the risk of pedantry, it also aint incontrovertibly obvious, from asciilifeform's perch, who exactly controls the addr |
| 17:06 |
asciilifeform |
( the named party could simply be 'standing in front of it', like reptilia (rip) stood in front of that bentley in helsinki ) |
| 17:10 |
asciilifeform |
etf afaik effectively reduces to a gox where you can't withdraw coin (but can only sell to other users of same gox) |
| 17:10 |
asciilifeform |
afaik can't deposit, either |
| 17:10 |
asciilifeform |
i.e. 'boiler room' |
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| 17:13 |
asciilifeform |
the coin per se may be present as claimed, but the only thing it can 'do' is to eventually be stolen (in addition to the fact that 'your' paper stake can also be 're-ownered' at any time, on orders from a usg official or similar) |
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~ 5 hours 14 minutes ~ |
| 22:27 |
asciilifeform |
http://logs.bitdash.io/pest/2024-01-24#1031922 << meant here to say : 'bucket shop'. apologies if perplexed reader. |
| 22:27 |
bitbot |
Logged on 2024-01-24 17:10:55 asciilifeform[jonsykkel|signpost|billymg]: i.e. 'boiler room' |