What if they have them in self-custody, and he doesn’t want people to know that?
Also, the liabiliities part was a bit of a different point, which was that even if you could somehow point to the addresses, you would STILL have to trust MSTR not to screw you. So if you don’t trust because no proof of reserves, then why trust even with proof of reserves without proof of liabiliites?
Basically, if you’re gonna invest in MSTR (which might or might not work out), you’re stuck trusting the incentives of the people running the company.
Chris Liss /
npub1dt…4hgu0
2025-05-27 10:39:55
in reply to nevent1q…fclr
Author Public Key
npub1dtf79g6grzc48jqlfrzc7389rx08kn7gm03hsy9qqrww8jgtwaqq64hgu0Published at
2025-05-27 10:39:55Event JSON
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"content": "What if they have them in self-custody, and he doesn’t want people to know that?\n\nAlso, the liabiliities part was a bit of a different point, which was that even if you could somehow point to the addresses, you would STILL have to trust MSTR not to screw you. So if you don’t trust because no proof of reserves, then why trust even with proof of reserves without proof of liabiliites? \n\nBasically, if you’re gonna invest in MSTR (which might or might not work out), you’re stuck trusting the incentives of the people running the company. ",
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