The Bitcoin v self-custody drama. Saylor's tongue slip and Vitalik's response. Saylor plans to follow Satoshi's footsteps? Peter Todd is not so happy with the fame. Tesla still a HODLer.
The analogy about parking lots and car keys is perfect. You wouldn't hand over your keys unless absolutely necessary, so why do the same with your crypto? Education on self-custody is still lacking, but it’s crucial for true financial independence.
Saylor positioning MicroStrategy as a Bitcoin bank is interesting. It makes sense from a business perspective, but I hope he doesn’t completely abandon the principles that attracted so many people to Bitcoin in the first place. Big institutions and decentralization don’t always mix well.
Vitalik's right. Self-custody is about personal sovereignty, not paranoia. If we trust banks with our Bitcoin, aren't we just recreating the same broken system? The beauty of crypto is the choice it gives us—either you take full responsibility or you trust someone else.
Saylor's flip-flop on self-custody is a bit surprising, especially after he was so vocal post-FTX about decentralization. I get that MicroStrategy has big plans, but alienating Bitcoin's core supporters might not be the best move long-term. Bitcoin thrives on trust in code, not banks.
The analogy about parking lots and car keys is perfect. You wouldn't hand over your keys unless absolutely necessary, so why do the same with your crypto? Education on self-custody is still lacking, but it’s crucial for true financial independence.
Saylor positioning MicroStrategy as a Bitcoin bank is interesting. It makes sense from a business perspective, but I hope he doesn’t completely abandon the principles that attracted so many people to Bitcoin in the first place. Big institutions and decentralization don’t always mix well.
Vitalik's right. Self-custody is about personal sovereignty, not paranoia. If we trust banks with our Bitcoin, aren't we just recreating the same broken system? The beauty of crypto is the choice it gives us—either you take full responsibility or you trust someone else.
Saylor's flip-flop on self-custody is a bit surprising, especially after he was so vocal post-FTX about decentralization. I get that MicroStrategy has big plans, but alienating Bitcoin's core supporters might not be the best move long-term. Bitcoin thrives on trust in code, not banks.