GME was rehypothecated, which is a fancy way of saying that brokerages lent out shares of GME that didn’t exist. Hence why the short interest was above 100%. This is what happens when you trust a third party. Bitcoin doesn’t require a trusted third party.

GME was rehypothecated, which is a fancy way of saying that brokerages lent out shares of GME that didn’t exist. Hence why the short interest was above 100%.

This is what happens when you trust a third party. #Bitcoin doesn’t require a trusted third party.

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