Full video of Saylor’s nonsense answer for why Microstrategy won’t publish Proof of Reserves.
Every time he opens his mouth of late, he’s giving more reason for Bitcoiners to be skeptical. It m...
Key risks for a US-based, publicly traded software company disclosing its Bitcoin wallet address as part of a Proof-of-Reserve strategy include:
Security: Risk of hacking, phishing, and physical threats due to wallet visibility.
Reputational: Public scrutiny of holdings, market volatility, and unintended association with illicit addresses.
Regulatory/Legal: Possible compliance issues or sanctions if malicious actors send funds.
Operational: Exposed strategic moves and potential front-running by traders.
Security: Risk of hacking, phishing, and physical threats due to wallet visibility.
Reputational: Public scrutiny of holdings, market volatility, and unintended association with illicit addresses.
Regulatory/Legal: Possible compliance issues or sanctions if malicious actors send funds.
Operational: Exposed strategic moves and potential front-running by traders.
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