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Coinbase is not using their own money to buy/sell bitcoins, but the money of other people in gdax, taking a cut. They are not doing fractional reverse banking
by woolvalley 9y ago
Coinbase is not using their own money to buy/sell bitcoins, but the money of other people in gdax, taking a cut. They are not doing fractional reverse banking where a bank run could happen as far as I know.