From Alexander nostr:npub139nl9yxvwayl60fr97m3zrq9md6x5v0uup344mkyuyg6mzlusyxs4zkwf4 at nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en, that actually delivers on proof-of-reserves AND proof-of-liabilities.
Maybe it’s because nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m, $trategy and BlackRock haven’t realized the following, nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5:
1. A Coinbase IOU ≠ Bitcoin
2. "Not your keys. Not your coins"
3. "Your bitcoin having a custodian is like your girlfriend having a boyfriend"
But BTC/USD, $MSTR and $IBIT are trading around the claims that:
- $trategy got 671,268 BTC at Coinbase
- $IBIT got ₿ 772,584 BTC at Coinbase
- The black box Coinbase haven't been hacked, even though Coinbase went down two times in ~8 days in October (when Amazon Web Services broke 1/3 of the internet)
What’s your insights into this matter nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle?
Discussion
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