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BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre and Morgen Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Negative 80,000 Bitcoin on the Balance Sheet?
It's impossible to know with any level of certainty whether third party custodians are 100% backing their Bitcoin liabilities with Bitcoin assets. There are entities where we can have more confidence or we can, if we're thinking about it on a spectrum of just total bozos like FTX or Celsius. The only way to have any confidence in you actually owning Bitcoin is to withdraw the Bitcoin to your own private keys and then verify that withdrawal with your own Bitcoin node.
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