According to me there’s a real problem.. it’s fake bitcoin.. I don’t speak about BSV and BCH (even if they are also in the problem) but I speak about all wrapped bitcoin (how to be certain there’s a real 1:1 ratio) I also speak about GBTC and all paper bitcoin .. still no proof today that Coinbase hold the real equivalent and more important today after the bankruptcy of FTX is to be sure that BTC hold on exchanges are really existing and not only some lines on computers ..

If we want Bitcoin to go up it’s really important to stay away from this kind of fake bitcoins or we need real proofs of a ratio 1:1 .

This is my opinion