I dont see the buzz about their lack of transparency. The only ones who may have a claim to see proof of reserves would be shareholders of MSTR. Of Saylors personal stack that is his own private property same as yours is yours and mine is mine.
How large someones stack is of no ones business.
There will always be fiat fuckery to indulge in while it remains an option
Lol I’m not talking about his personal stack I specified MSTR.
But yes shareholders of MSTR which there are many millions of should have absolute proof of reserves. Trivial for them to disclose and critical for their value proposition. Their entire business model is stacking Bitcoin on leverage yet they provide zero proof of reserves and they have one shitty custodian “hold” almost all of their Bitcoin.
Wouldn’t surprise me at all if coinbase did not have the MSTR UTXOs and instead just put the TXs on their balance sheet like the scammy hucksters they are.
My apologies friend. Been annoyed at others talking about saylors stack and you happened to there when i decided to vent.
I imagine coinbase as the wizard of Oz. "PAY NO ATTENTION TO THE MAN BEHIND THE CURTAIN!"
