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    Home»News»Crypto News»Evidence of reserves? Michael Celor says no
    Crypto News

    Evidence of reserves? Michael Celor says no

    TenznewsBy TenznewsMay 27, 2025No Comments3 Mins Read
    Evidence of reserves? Michael Celor says no
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    Bitcoin 2025 I started today in Las Vegas and will take place until Thursday.

    It is the largest bitcoin event in the world – it is certainly the collection of speakers this year amounts to noise.

    We have Silk Road Creator Ross ULBRICHT, Senator Cennis Lomes, Peter Chef. Yes, the golden man, #1 bitcoin haater.

    You can pass Full list hereBut today we focus on one name in particular: Michael Sailor.

    He is the co -founder of the strategy, mainly the purchase of bitcoin currencies for companies.

    (Sidenote: We have deep diving why companies such as Strategy Matter have a Bitcoin future – Bitcoin – Check this if you miss!)

    However, Silor was asked whether the strategy is planning this Publishing evidence (por).

    Simple English: Will they publicly offer the headlines to prove that they are already keeping bitcoin say they are doing it?

    Answer? .. no ❤

    He said that Port fraught with risks and A bad straight For institutionsbecause:

    • Por displays only assets, not obligations. So you do not know the debts or the risks hiding behind these reserves;

    • Portfolio sharing publicly displays long -term possessions, which can create privacy risks or even security threats.

    Silor says that Institutions need a much stronger standard: Like the four major audits that are not achieved only from holdings, but also make sure that Bitcoin is not loaned or used as a guarantee, with executives responsible for the results – just as the strategy did.

    This got some people crazy.

    here Why Anger:

    • Everything Bitcoin is transparency – you should be able to do so ConfirmNot only trust;

    • Say “We have reserves, just trust our references” looks like Trafi, not encryption.

    This said …

    Strategy He is Tradfi. When you buy $ Mstr, you don’t buy bitcoin – you buy shares in a public company that coincides with many.

    All preparation It was built for institutional investorsNot average encryption. And let’s be honest, the founding customers may be more interested in auditing reports than seeing the headlines.

    So yes, It is a bit strange to criticize the Tadfi model … When you are literally tradfi.

    As Silor indicated: If you want a real safety similar to encryption, buy Bitcoin Direct and self -treatment.

    But if you want to go on the institutional road, the real financial audits – not the portfolio shots – will be the way to go.

    You are now aware. But think about your friends – maybe they have no idea. I wonder who can fix that … 😃🫵

    Spread the word and be the hero you know!

    Celor evidence Michael reserves
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