This thought just popped into my head as I was thinking about this story about Coinbase holding on to someone’s dollars after they’d cashed out BTC and letting them transfer it out...

What if the banks effectively did that to us? What if the MOASS happens and we’re all overnight multi-millionaires and decide to pull that cash or spend it or do whatever the fuck us degenerate primates will do? What if they - either in collusion with hedge funds, or at the order of the Fed - shut us out of our accounts? We watch the price rocket to the moon, but we don’t have the ability to take that cash account once you hit the amount you believe you should sell it for?

By my guess our only recourse is through the courts, and that would require legal fees. I doubt the majority of us have the ability to retain council up front.

These hedgies may know they’re about to explode but might risk it all with mutually assured destruction. Who is holding who hostage at this point?