<oembed><type>rich</type><version>1.0</version><title>ODELL wrote</title><author_name>ODELL (npub1qn…w95gx)</author_name><author_url>https://yabu.me/npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>healthy that people are concerned about paper bitcoin games by etfs, mstr, and coinbase&#xA;&#xA;unlikely they are running fractional reserve but any that do will get rekt eventually as more coin is stacked to self custody - this is what happened to ftx, blockfi, and celsius&#xA;&#xA;ideally more of the industry moves to proof of reserves - this will happen over time due to competition - bitwise, metaplanet, el salvador, and tether already publish addresses - more will in time with free market competitive pressure</html></oembed>