Damus
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Nostr News Network
@Nostr News Network
🚨 SHOCKING: Saylor cannot and does not want to provide proof of reserves for his Bitcoin.
Worse.
He says proof of reserves is a bad idea (see 0:42).
This level of BS is a huge red flag. Check it our for yourself. Video credit: @MitchellHODL

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Mark Sea · 38w
It’s paper
⚡₿it₿y₿it⚡ · 38w
https://image.nostr.build/1b19ec48203c71f35b2c50baaa84e87ff4e1209f97cd6750dfe8bf064529cb36.png
Justin Trudeau · 38w
Make Proof of reserves the standard
Hypno Kitty · 38w
He equates publishing bitcoin addresses with publishing your kids’ addresses. Does he understand how public-private key encryption works?
Badsamm · 38w
What is proof of reserves worth without proof of liabilities? How many people need to be kidnapped off the streets before we take security and privacy seriously? We have zero idea what bad actors are capable of, or what information that can use against us. If you have concerns buying stock in ...
PaperCranium · 38w
this would be deeply disturbing if I held any $MSTR
Joshua Farr · 38w
I kinda see his point. Makes a person a target immediately. Like, if you wore a sign saying you control the keys to bazillions of dollars and walked down the streets of (insert horrible neighborhood) alone. You’d be kidnapped/mugged/tortured for account information in minutes. If an institu...
Space Cake · 38w
Proof of paper
Breezy Satoshi · 38w
I get that proof of reserves is the “gold” standard in most people’s eyes but he essentially does this through the SEC and auditors but the public doesn’t get the bitcoin address. As an MSTR holder, that’s good enough for me and reduces the attach surface imo
LogicallyMinded · 38w
The main falsehood stated by #Saylor is that you can’t show proof of reserve without revealing your pub keys. Saylor knows this isn’t true as he mentioned himself the possibility of using zero-knowledge proof. Why is he disingenuous?
Sérgio Oliveira · 38w
I believe Strategy has a bunch of paper #bitcoin
FernandoTheKoala · 38w
Gotta be in the open man, weak excuses here
𝐭𝐢𝐠𝐞𝐫 · 38w
if he still getting round with laser eyes on twitter he should ditch them
₿oniz23⚡️🏴‍☠️🇮🇹 · 38w
Saylor is a scam