halalmoney on Nostr: “Bitcoin is better than an audit, at least for assets, because unlike a bank ...
“Bitcoin is better than an audit, at least for assets, because unlike a bank account or any other asset whose ownership can be forged. Bitcoin ownership cannot be forged. You either hold the keys or you don’t.”
The reason we knew 100% that Craig wasn’t Satoshi was because he was unable to move any of Satoshi’s 1.1M Bitcoin.
If Strategy is buying Bitcoin with debt and selling to shareholders, it is extremely easy to demonstrate you own that Bitcoin by moving at least 1 Sat.
Yes, you still want a full audit and you rely on old world “trust” for many aspects of a companies accounts.
But Bitcoin is better than an audit, at least for assets, because unlike a bank account or any other asset who’s ownership can be forged. Bitcoin ownership cannot be forged. You either hold the keys or you don’t.
Published at
2025-05-27 09:28:39Event JSON
{
"id": "59309246a915ff8a7ec24e2560a0eb0a8b846dd90d9d256acc91a1ca3a4d2229",
"pubkey": "637a2f1da5d2fc1976c14ec00f8eae4015afe99bb2554f1d537d0086a169dd8f",
"created_at": 1748338119,
"kind": 1,
"tags": [
[
"q",
"532f877160b2d9f1bdacf8b0597b4dd7d896d0f65c5049dc09fcabd68d83b771",
"wss://nortis.nostr1.com",
"e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b"
],
[
"p",
"e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b"
]
],
"content": "“Bitcoin is better than an audit, at least for assets, because unlike a bank account or any other asset whose ownership can be forged. Bitcoin ownership cannot be forged. You either hold the keys or you don’t.”\nnostr:nevent1qqs9xtu8w9st9k03hkk03vze0dxa0kyk6rm9c5zfmsyle27k3kpmwugzyr5rke4ga5kn0srar2l2dcdsqzs42jwxj5y05nzcw42k654s2fkzkqcyqqqqqqgpzamhxue69uhkummjw35hxtnwdaehgu339e3k7mg376et7",
"sig": "aebcb7568a6156d9081a8e9442805a36dc1843e80453fef0ff78895c8daf8d22540b660150290638752b25c854af7001e6a5a52ba439db576ae4b6ee68acc259"
}
