Saylor Shocks Crypto Community with Controversial Statement
Strategy co-founder Michael Saylor has rejected the idea of publishing on-chain proof of reserves.
“No institutional-grade or enterprise security analyst thinks that it’s a good idea to publish all of the wallet addresses…so that you can be traced back and forth, and every future transaction can be traced,” he said.
Saylor has argued that this would be tantamount to publishing the bank accounts and phone numbers of your kids.