Michael Saylor Criticizes Proof-of-Reserves at Bitcoin Conference
- Michael Saylor is the founder of Strategy.
- Saylor spoke at the Bitcoin 2025 conference in Las Vegas.
- He dismissed proof-of-reserves as a “bad idea.”
- Saylor claimed it “dilutes the security” of crypto assets.
During the Bitcoin 2025 conference, Strategy founder Michael Saylor criticized proof-of-reserves, labeling it a “bad idea” and claiming it compromises asset security.
Source (2.6)https://news.bitcoin.com/saylor-slams-proof-of-reserves-its-like-publishing-your-kids-bank-accounts/?rand=52384
