Gearing up for yet another @ODELL was right

I don't, and won't, own his stock for moral reaons (mostly because I don't want to give blackrock money for them to buy bitcoin), but he's right on his arguments against proof of reserves. It's bad for security (on the technical side) and it doesn't prove liabilities. But for me it's just not your keys, not your coins.

I thought it was pretty good actually. Without proof of liability, proof of reserve is just feel-good virtue signaling. Dismissing the potential known and unknown downsides of making all the addresses public is shortsighted imo. The only people complaining about this are the same people that tell others not to invest and to only buy Bitcoin and hold in self-custody. He even tells people to just buy Bitcoin and self-custody. The people complaining about this non-issue should follow his advice. Everyone else who is already trusting the team at Strategy to execute has no issues trusting various auditors to verify the assets and liabilities are what the company says they are. Despite what OPs think, Saylor doesn’t want to share a cell with SBF.

in CAPS BS in caps so, he is already papering his way into desaster @EVAN KALOUDIS is right (and bold)