mike on Nostr: The full video is even worse. He correctly explains that proof of assets does not ...
The full video is even worse.
He correctly explains that proof of assets does not show proof of liabilities.
True, but so what?
We know you have debt, you have to to buy the Bitcoin and debt is a liability, you're not going to willingly lie about this.
You can, like FTX lie about holding Bitcoin.
Same argument as OP_RETURN, the answer is not perfect, so we're not going to give it.
Yes, give me an imperfect answer. I understand it's imperfect.
https://x.com/ProfessorB21/status/1927218071069966502 Michael Saylor says publishing wallet addresses for Strategy's Bitcoin is a security risk.
I agree for you or me, who are private individuals.
But for any public institution it is imperative. It is important to distinguish that my Bitcoin are mine, Strategy's Bitcoins are its shareholders and El Salvadors Bitcoin are its citizens.
There is a difference.
https://x.com/MitchellHODL/status/1927175496074182798
Published at
2025-05-27 08:19:33Event JSON
{
"id": "f6927d4cc70766119231eb61de83a7aa24848e45adc1ad68802a49ae8a1bf798",
"pubkey": "e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b",
"created_at": 1748333973,
"kind": 1,
"tags": [
[
"e",
"cfc2fa39b7e945d181eca4bd3852971acbb0001bc53bb8eba5376614bab826d0",
"wss://filter.nostr.wine/",
"mention"
],
[
"r",
"wss://filter.nostr.wine/"
],
[
"r",
"wss://relay.getalby.com/v1"
],
[
"r",
"wss://relay.damus.io/"
],
[
"r",
"wss://nortis.nostr1.com/"
]
],
"content": "The full video is even worse.\n\nHe correctly explains that proof of assets does not show proof of liabilities.\n\nTrue, but so what?\n\nWe know you have debt, you have to to buy the Bitcoin and debt is a liability, you're not going to willingly lie about this.\n\nYou can, like FTX lie about holding Bitcoin.\n\nSame argument as OP_RETURN, the answer is not perfect, so we're not going to give it.\n\nYes, give me an imperfect answer. I understand it's imperfect.\n\nhttps://x.com/ProfessorB21/status/1927218071069966502\n\n\nnostr:nevent1qvzqqqqqqypzp6pmv65w6tfhcp73404xuxcqpg24f8rf2z86f3v824td22c9ymptqyv8wumn8ghj7enfd36x2u3wdehhxarj9emkjmn99uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcprfmhxue69uhhyetvv9ujuem9w3skccne9e3k7mf0wccsqgx0ctarndlfghgcrm9yh5u999c6ewcqqx798wuwhffhvc2t4wpx6qears7w ",
"sig": "dbc5889c2034d68f270c8b08cc06e0c2cc66c87aa8f1365c956cbb8b128c29cfa5b6c3f9b81f190af40a38ebf0417c38bc5ebfd3a6c612fb1ae686079489a350"
}
