Michael Saylor, executive chairman of Strategy, stated that wallet transparency created by proof-of-reserves might be tolerable for a small scale holdings of cryptocurrencies

Event date

May 26, 2025

Quotes that support claims

Saylor finished his speech by saying that the wallets, once they are published, are “the intact vector for hackers, nation-state actors, every type of troll imaginable. It creates so much liability that you should think twice before you do it.” However, Saylor admitted that there is nothing wrong with publishing addresses at a small level.

It's okay at a small level, but really, it isn't God's gift.

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Week 22 of 2025