Look, no one is forcing you to provide proof of reserves. That’s entirely your choice. But if you’re the CEO of a company making public announcements about buying Bitcoin for your corporate treasury, the impact of that statement has changed. Without sharing a public key or some form of verifiable proof, it no longer carries the same weight or transparency. The standard has evolved, and expectations have risen with it.

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#Facts Fren it's like come on Saylor

Anyone announcing how much Bitcoin they have is in trouble. Once Bitcoin becomes a necessity, they will be open to attacks that do not yet exist. However, simultaneously, people can demand proof and it is trivial to provide, not doing so is definitely suspicious.

Agreef. The problem always starts with self custody.

💯 How does he expect anyone to believe he controls the keys for that much bitcoin? He talks a good game but talk is cheap.