Yeah robinhood got in trouble during the last major selloff for their system shuting down and not letting users sell their bitcoin.
Binance had that problem today, idk if any others.
Its basically them saying, "no no your bitcoins in my wallet, and my other friend over thers wallet, and my other friends wallet, and our families wallets, and the top 2% of investors pockets"
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Like that scene in It's a Wonderful Life, only the truth instead of the bullshit they told the people when they bought into capitalism and banking that we were building our neighbors houses together lol