Coinkite sold products for a profit
Customers bought bitcoin and secured them with the Coinkite Product
Coinkite profited by rugging customers bitcoin for a profit
Soild Business Strategy
We expect exchanges to get hacked and lose bitcoin
That's why we say self custody your own bitcoin
It's a whole other issue when the self custody bitcoin n get rugged
It's not about how much bitcoin was stolen, it how it was stolen and from who it was stolen from
Bitcoiner's failed to listen to the 10th Man
The 10th Man Theory (or Rule) is an institutionalized form of devil’s advocacy designed to prevent groupthink and intelligence failures.
Justin Sun bought a struggling Toy Manufacture (AKA Zombie Company) changed it's name to Tron and got it publicly listed on the Nasdaq
Exactly the same playbook that the Bitcoin Treasury Companies used
Has to be a Hit Piece Documentary about Balaji Srinivasan and his Sovereign Network State Project
The Tech Billionaire Takeover
A new breed of tech billionaires are building their own countries, replacing democracy as we know it and targeting the global financial system. Matt Shea goes inside their world.
https://www.imdb.com/title/tt43704273