Proof of Reserve without Proof of Liabilities doesn't do much.
Discussion
You don’t need PoL if the only customer is yourself
Indeed! That's the perfect spot to be 😜✊🏼
I think we all have a good sense of Strategy’s liabilities…
Strategy's holdings are at Coinbase.. as many more others big entities and ETFs.
Do we have Coinbase liabilities..?
That’s a lot murkier for sure… you’d hope Saylor would know. It would be very irresponsible if not.
It’s not like Bryan Armstrong can’t go to jail or anything… 😆
He can, but lost coins are lost forever.
Anyway this is my personal view on Saylor's game play..