I listened to your episode first, then I caught up on Crypt0’s News from Omar Bham where he had Trace Mayer on. On that episode, Trace talked about his new Proof of Keys initiative, urging an annual tradition of celebrating the Genesis block every January 3rd by removing all bitcoin from 3rd party services just to make sure and prove that they actually have it.

It almost seems they’re eerily related.

@marketingmonk, you said that with banks you can only withdraw 3% of your capital / now that this idea is out there, I guess we’ll see how many exchanges turn out to be legit and which ones aren’t wearing any swim trunks when the tide gets low enough (to use a recent reference of yours)