Replies (21)

Because he's trying to become a regulated investment bank. You cant spout off anti fed rhetoric now. Why would a bank support self custody? Saylor is playing the game and politricking to get the banking license. Its no longer hold and control your own wealth. Now he will say let me take care of that for you. Self custody and multi sig is too difficult. Funny thing is that we may soon seen FDIC insured bitcoin.
That’s a very sensible explanation β€” Thank you very much πŸ«‚ He clearly has different incentives now and it’s just good for everyone to be aware of what they are exactly
tulkooo's avatar
tulkooo 1 year ago
WTF? πŸ˜‚πŸ˜‚πŸ˜‚
His bet is that he can lever against an ever failing dollar, the stock price of his company depends on it at this point. What he is not able to deal with are angered central bankers who decide they need to go after him. The central bankers can't have Bitcoin used as a currency, this takes away their power.
I do agree competition is a great thing. But i have no use for the services he offers. As a transition between USD & BTC i dont see this as out of the norm
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