What is Nostr?
brock / Brockefeller
npub1h4l…2jcm
2025-01-18 20:25:28
in reply to nevent1q…evll

brock on Nostr: Without proof of reserves, that is a risk. And the more bitcoin entrusted to Coinbase ...

Without proof of reserves, that is a risk. And the more bitcoin entrusted to Coinbase where these corporate entities intend to hodl indefinitely, the easier it is for them to fractional reserve those bitcoin.
Author Public Key
npub1h4lrzqnrne72xj00yl3zzr0k6qn93cqe5g4vvkfechs6mn89mwyqfa2jcm