It would be interesting to know what the price of Bitcoin would be right now if the exchanges were forced to prove custody

…. As long as people are keeping their tokens on the exchanges, it's entirely possible there are hundreds of thousands (maybe even millions) of Bitcoin being held that don't actually exist anywhere.

…. And I would not be surprised if EVERY exchange is playing this game — which means the exchanges have effectively turned Bitcoin into a giant ponzi scheme.

submitted by /u/brohamsontheright
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