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As you may or may not know, GBTC discount is 39% now which only makes sense if there is some type of problem. 

In the current trend of asking for Proof of Reserves I went ahead and asked.  Why the hell not - considering the market.  Put them on the spot. 

Coinbase apparently holds the Bitcoin for GBTC so hence my tags. 

We can no longer trust anything or anyone and this is an effort to be hyper vigilant. I do not mean to cause any alarm. This should be easy for the team to show on chain unless they are playing leverage games w the GBTC BTC (ETHE also). 

TWEET HERE: https://twitter.com/invest_answers/status/1593343976160927745

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Anonymous

Coins seem to be stored with Coinbase, only negative is limited insurance capped at $300m in case of hacking etc

Anonymous

James... why is making different cryptos securities bad? I would think it's better to make them securities and get regulation going so we can start moving more mainstream... how is this a bad thing?