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 uni...

His answer is a bit BS.. However the main point seems correct: proof of reserves wouldn't do anthing to prevent fiat games behind the scenes If they want to create & trade paper bitcoins they can and will.. only a crash will reveal who's swimming naked and I'm looking forward to it 😂

Agree. This answer is not satisfactory. nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz should at least recognize that this is an issue. In a way his response, which is at least partly valid, is shedding light ...

his answer is bullshit

Short MSTR

If it’s much better, why not do the proof of keys too? Seems like an easy task since he’s done all that complicated work. Unless…

He could have given a short and sweet answer to a simple question but he chose a long-winded one full of falsehoods in an attempt to gaslight the audience by expanding the discussion to the unrelated topic of proof of liabilities.

Bitcoin will reveal the truth. It always has.

https://image.nostr.build/1b19ec48203c71f35b2c50baaa84e87ff4e1209f97cd6750dfe8bf064529cb36.png

This says it all https://i.nostr.build/2ErPywSnQ3vXnZm0.jpg

Let the bewilderment continue. I own MSTR, MSTY, IMST, STRK, ASST, MTPLF, KULR, MARA, IMST, IREN, and SMLR.

A powerful alliance—including the U.S. government, the IMF, Michael Saylor, and Tether—is advancing a clear vision: replacing physical dollars with a digital dollar as the global reserve currency and primary medium of exchange.

https://primal.net/e/nevent1qqsy8m0y8mfagdshhl6q9r9ud5kx9ntt6wufmupjx4jh953ldccnzjgztv2s6

https://metaplanet.mempool.space/ Guess these guys are wrong then?

I'd do the same if I was Saylor. Spreading FUD to buy cheap 💯

Everyday you drive down the road and have to trust that the other person is not going to hit you head on.

Saylor will be the next black swan on ₿. I'm supporting him for a while. He will be the one to start the bear market

Spot on! Michael Saylor is 100% a legacy fiat finance operator, and there's very few probability that "Strategy B"'s bitcoins will escape the big vacuum-cleaning that will deliver them to the US Treasury as the collateral of choice to rescue the dollar... i.e., the exact opposite of why Bitcoin wa...

Only watched the first 2 minutes, which made sense to me. The question I’m asking when watching this is what does he position his feet in that way? It appears very uncomfortable to contort you feet in such a manner, which would only manifest if someone was trying to hide something, or if they’r...

real bitcoiners warned about that since years 🤷‍♂️

The public Saylor is addressing is TradFi, and he's doing a great job at it. To convert a barbarian to a new religion, you have to speak their language and give them the impression that it's a polytheistic religion."