NEW: Saylor says showing Proof of Reserves is not a good idea.
From nostr:npub1qtujtvuvfwtszpqy5hkus3cn69hqexcmvnhdkg0k537fy5x3dnjqvzsszq
https://video.nostr.build/4db28d27a16d3a46cd84ed9090091356af8179aa5a62ed4e4e135e54154d047f.mp4
Discussion
Proof of reserves is not "publish all your addresses" you dumb fuck spook
Lol
I don’t like the idea he could be a lot of the selling pressure at the tops and buying pressure at the bottoms. Accumulating more Bitcoin than we know about because he’s possibly 1.5x’ing his stack regularly. Worse yet, maybe he doesn’t have it all because he’s lost it and all the investors get burnt when it gets exposed that the Bitcoin isn’t all there. I don’t know. Screw an ETF, screw a stable coin, screw MSTR, screw a wrapped Bitcoin (wBTC)…. BITCOIN ONLY.
“NOT YO KEYS………………………………..“
you know the rest.
I do. I hope he dumps the shit out of it and we never let him back in.
Saylor is overrated
Unless you want to use your Bitcoin as collateral, you don't need proof of reserve! And even in that case you are going to send your Bitcoin first to another address which then it is the proof!
Otherwise why I should proof something to someone else?
Is there a zero knowledge proof way to go about this?
Saylor's appeals to authority and exaggeration here is unsettling.
Bitcoin security experts would have a longer list why it's better to prove, and saylor can't keep saying he's institution he's legit.
This sucks lol he's definitely the patsy this cycle.
Absolutely, proof of reserves can be done with zero knowledge proofs. Saylor is not stupid, which means he is lying and spreading false nonsense on purpose.
Why though?
Who knows what motivates spooks, other than they're never up to anything good.
Saying what saylor said, is not a good idea 😂
This bloke is dodgy AF!
Trust me bro we have 500k BTC. IT is not a good idea to show it to you . .
DTV 📺 Don't Trust, Verify!
He's such a douchebag.
I wonder if he's lying about the amount of Bitcoin in order to pump his stock and also pump and dump paper Bitcoin.
Very suspicious. Don't forget he has been involved in SEC Fraud Charges (2000) and other questionable activities
lol
He’s new here
🤦♂️😳😳