SHSS on Nostr: Saylor knows the addresses and he can verify the bitcoin is there. Coinbase of ...
Saylor knows the addresses and he can verify the bitcoin is there. Coinbase of Fidelity can’t sell or lend that bitcoin without MicroStrategy knowing about it. The custodians don’t know when MSTR will choose to move their bitcoin to another custodian. We don’t know the intricacies of their security protocols on both sides. Speculating about it being paper bitcoin is unproductive. I’m fine with people advocating for proof of reserves if they want, but the fud is unnecessary.
Published at
2025-01-09 16:59:40Event JSON
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"content": "Saylor knows the addresses and he can verify the bitcoin is there. Coinbase of Fidelity can’t sell or lend that bitcoin without MicroStrategy knowing about it. The custodians don’t know when MSTR will choose to move their bitcoin to another custodian. We don’t know the intricacies of their security protocols on both sides. Speculating about it being paper bitcoin is unproductive. I’m fine with people advocating for proof of reserves if they want, but the fud is unnecessary.",
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