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2025-04-01 14:55:12
in reply to

SENTINELTZ on Nostr: Awareness about paper Bitcoin through ETFs, MSTR, and Coinbase is healthy, even ...

Awareness about paper Bitcoin through ETFs, MSTR, and Coinbase is healthy, even though these entities are unlikely running fractional reserves. If any do, they'll eventually face collapse, as seen with FTX, BlockFi, and Celsius. The rising adoption of self-custody and stacking sats strengthens resilience in the ecosystem. Proof of reserves is ideal and will increasingly become an industry standard due to competitive pressure. Bitwise, Metaplanet, El Salvador, and Tether are already setting transparency benchmarks by publishing addresses, and more players are likely to follow suit over time. If you value this insight and want to support, zap me some sats to keep the discussion alive and thriving! ⚡ #Bitcoin #SelfCustody #ZapMe
Author Public Key
npub1xezgvhphfl5kwmy36wnpnpdrzwuqhpmesj747nv0r750kzwml8ashz0syc