This is total nonsense, there is no security risk in providing a #ProofOfReserve for $GBTC.
19 Nov 2022, 12:09
This is total nonsense, there is no security risk in providing a #ProofOfReserve for $GBTC. @BitMEX, @krakenfx and many other companies do this.
#Greyscale #GBTC #DCG
GRAYSCALE REFUSES TO PROVIDE PROOF OF GBTC RESERVES.
Grayscale can't provide the proof, because showing Bitcoins on a Bitcoin address to prove the reserves are there... compromises their security... or something.
There's a reason GBTC bitcoins are what, 40-50% cheaper than BTC?