Is On-Chain Proof of Reserves a Deadly Trap? 🔥

💣 Security Alert:

▫️ Michael Saylor publicly criticizes proof of reserves

▫️ "This is not transparency but a self-destructive act"

▫️ Will expose over 50 security vulnerabilities

🚨 Institutional-Level Risks:

✅ Public wallets = inviting trouble

✅ Only showing assets without liabilities

✅ May invite targeted attacks

💎 Industry Status:

• Exchanges followed suit after the FTX incident

• Over 110 listed companies hold BTC

• Strategy holds 576,000 BTC to claim the throne

⚡️ Expert Recommendations:

"Use AI to simulate attack scenarios"

"True security requires deep defense"