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Juan Rivera Perez@juan
11/25/2022

Binance releases a Proof of Reserves System for their BTC. Bullish? I never know what to think about Binance. Unsure why though... https://www.binance.com/en/support/announcement/binance-releases-proof-of-reserves-system-0c7a786cbe8c4e108f3301385ab61e39

In reply to @juan
Chris Carella@ccarella
11/25/2022

I favor US based exchanges that comply with US Financial Regulation. Even better if they are publicly traded. I’m skeptical of people offering high interest rates or claiming to help save others. FTX already ran that playbook.

In reply to @juan
shoni.eth@alexpaden
11/25/2022

America doesn’t own Bitcoin, but I think other governments support offensive action

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zico@zico
11/25/2022

seems like the general apprehension is that it's unclear where the company is based out of.

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Matt@cielo
11/25/2022

I think it's strange that you have company profits and user assets mixed together in the same wallets...

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Jay Jay@jayjay
11/26/2022

This means nothing without proof of liabilities

In reply to @juan
Alex Palmer@thatalexpalmer
11/26/2022

Oh let's chat about Binance on the next catchup actually, among other things! Should be fun. Interested to hear your take.