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midaswelby's definitions

por/pol

Proof-Of-Reserves / Proof-Of-Liabilities

A company's proof of its cash and money on hand compared to its debt and financial liability.

Claimed to be invented by crypto-CEO Marshall Hayner.
Where's the por/pol for Metallicus Inc.? I thought the CEO said he invented it... so how do we know he's not misappropriating customer funds without por/pol?....
by midaswelby March 6, 2024
mugGet the por/polmug.

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