Summarising his 7+ minutes answer: he wants to establish Publishing proof of reserves is a security threat.
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Summarising his 7+ minutes answer: he wants to establish Publishing proof of reserves is a security threat.
His tone was a bit dismissive of proof reserves in my opinion.
I wish he spent some time on brain storming on how proof of liabilities could work
vs
just appealing to authorities like the Big 4.
Because the big accounting firms have alwyas been above board - https://en.wikipedia.org/wiki/Arthur_Andersen#Enron_scandal
"trust me bro!"
Because he can't. All his bitcoin is on paper only.
https://xcancel.com/ProfessorB21/status/1927218071069966502