<ul><li>Michael Saylor warns against on-chain proof-of-reserves, citing security risks and incomplete transparency.</li><li>Saylor argues that revealing all wallet addresses dilutes security for issuers, custodians, exchanges, and investors.</li><li>He believes proof-of-reserves does not provide a true reflection of financial health and suggests more holistic accountability solutions.</li><li>Despite Strategy's recent BTC acquisition, Saylor avoids confirming the company's adoption of proof-of-reserves.</li></ul>

Michael Saylor Explains Why On-Chain Proof-of-Reserves Are a Bad Idea

Discover more