X @Nick Szabo
Nick Szaboยท2025-11-16 00:42
RT Pledditor (@Pledditor)I was reading cbBTC's user agreement, and came across this red flag:If @Coinbase loses the underlying BTC backing cbBTC, Coinbase's legal liability to you changes to where they no longer owe you full value of what you had, but a proportional share of whatever BTC is left https://t.co/Y42e9exv2W ...