Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
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Who got to him?
Setting the stage for regulatory capture.
This was always the plan.
Saylor has always been an excellent example of a scaling problem.
Scaling to large companies and VC money necessarily invites these characters in.
They seek regulatory clarity to preserve their USD denominated purchasing power.
You want NGU?
You can have it.
The cost is the cypherpunk ethos that got bitcoin this far.
Regulatory capture is a real threat.
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This feels a lot like the blocksize war. You had big corporate interests telling people nodes don’t matter, only miners matter.
Here you have big corporate interests telling you holding your own keys doesn’t matter, only institutions matter.
Can we just skip this mess? The outcome will be the same. We will meme them into oblivion, we’ll run our own nodes and hold our own keys, just like last time.
His incentives
Classic
Reject the virus 🦠
Imagine a doxxed guy that uses a legal infinite money glitch having different incentives than anonymous plebs.
snake oil
Wanted to be the Devil’s advocate half way through the video, but then he made himself so clear that I have to say he’s absolutely wrong!
where there is a cut to be made, there will be bankers willing to act as conduits for on/offramps for bitcoin
they are playing a game of whack-a-mole and driving a brain drain... the more they increase the tyranny, the less the smart people want to help them do it, and they go somewhere else where things are more reasonable
like here in Madeira, for instance, if mainland EU tries to crack down on bitcoin, this will only increase the influx of more bitcoiners to the island who will continue to increase the amount of business being done here denominated in BTC, and provide yet another piece of ammunition for Albaquerque to promote this island as a bitcoin haven and add fire to the simmering discontent with Lisbon and Brussels that is very obvious when you talk to locals.
we are in nero fiddling epoch of the global anglo-german-american empire at this point... the point where the normies realise they are being ridden
can‘t say how long it takes, but in the end all with self custody will win
How disappointing. I don’t trust the guy anymore.
What happens if the next CEO of MicroStrategy uses the Bitcoin holdings to enrich themselves?
I have a feeling that the next war will be more difficult than the last.
Maybe? But we’re more experienced now, with better tools.
Once a suit, always a suit
Dangerous twist on Saylor's narrative...
Greed has taken over his soul
Saylor just stirred up a swarm of cyber hornets.
Yes, but now bigger is the herd...
It's in a banks' blood to exercise control over policies, backed by the savings of normal people.
They will try, not if but when...
I made a comment on Saylor this morning. Go read it on my feed. Also check out echdel.npub.pro it's a work in progress but I think you'll all appreciate if you don't suffer from mild adhd.
Thats why we like bitcoin. So that we don't have to trust.
Trusted third party goes bye, bye.
Monero fixes this 😂
I have creepy filing that paranoid crypto anarchist its me 😛 holly fuck, this is typical propaganda method - putting dehumanizing labels.
i think saylor has lost the point of bitcoin's original design intention
Honey badger says bring it on
Saylor should now be considered a hostile actor against Bitcoin. In case he wasn't before for you.
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
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mandibles
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
View quoted note →
Not sure how Saylor's comments will play out. Seemingly shocking, but presumably aimed at reducing perceived risk to government. Thereby reducing risk of government interference in his business.
Doesn't sound good for plebs though.
Me too. The fact that I am memorizing my seed phrase because I see the government smashing doors and looking for seed phrases is a bit scary too.
My question is can a court compel you to say your seed phrase?
You don’t have to testify against yourself…
Just wondering….
@saylor self custody is a right.
I lost on mt Gox your not gonna fool me twice.
I’m eyes on my stack. Fool who buys mstr.
I am not sure how he managed to integrate himself into the Bitcoin community, or why so many people have started to look up to him. The guy is stuck in a traditional finance mindset, and there were signs of this from the very beginning when he first started talking about Bitcoin.
he claims his personal bitcoin is going to the grave with him but if it’s custodied somewhere that promise is incredibly thin
Much more difficult.
Is it possible to think Saylor will be fine but also he's not gonna make it NGMI
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
View quoted note →
The only way out is through.
Should we not own guns since they are sold based on fear? What a ridiculous statement.
Shut up you radical bitcoin jihadist
We know how extremist you people are
Saylor is king and you're just a deplorable crypto addict
Yeah, his tone and messaging has really changed these last 4-6 weeks. Is it simply just to puhmp MSTR by enlisting the bitcoin ignorant during the upcoming bull? Or something more questionable.
not really fear but the knowledge that shit happens
bitcoin's whole architecture is based on knowledge that shit happens and how to avoid it taking things down
Absolutely. 🤝
Why more difficult? Does not matter how many coins custodians have? Node runners decide the rules like last time.
Worst case they can ban non-custodial BTC maybe but they can't easily capture network majority. Saylor positions himselfMSTR as big custodial player maybe. Or 3d chess to downplay power of self custody? Or compromised/ back on the wall?
The Bitcoin Hypocrite.
They turned in their gold under threat of violence.
That's not a voluntary act.
Then it was devalued at the flick of a pen.
SELF CUSTODY YOUR BITCOIN.
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
View quoted note →
They can beat and deprive you, blackmail, take your family hostage. you know the usual state things ...
There's something moronic about being offended I swg. We all have our own mission, he's doing his part very well.
Where do you Saylors personal 17k #Bitcoin s are. He is playing his role very well
Michael, Michael, Michael…..
*insert clown emoji*
Speaking of incentives, how is your Ethereum product doing?
He has to talk corporate because he is a part of that world. He also speaks pleb because he came from that world. I respect him and he kinda is right.
He has a broad and versatile lens. His mindset isn’t pro either Bitcoin only, or defi or tradfi, his posture appears predictive on how this assets asserts itself into the financial landscape that exists and will conform to fit it, and what we and humans will want to structure around it as the integration matures.
He knows it is layers. Self custody is the foundation. Exchange held is a service layer. ETF is a disconnected, fee’d, access-to-spot-value layer. MSTR is a jetfueled next tier layer. Derivative products are a further disconnected layer.
He gets all of this. He’s talking about its evolution, and I don’t find it a stretch.
The future bank-style service layers will get safer for noobs and cheaper for leverage access, etc. Just like the dollar is layer after layer of financial services, transaction channels, and derivative products, BTC will mimic this naturally as it integrates with finance. It’s just unable to be debased.
Bitcoin wouldn’t have been invented if the dollar wasn’t being debased. That’s the dollar’s real issue. Not the products that surround it. Some products will serve is well, and others will fail with a product that has the characteristics of Bitcoin. We’ll see what peripheral instruments are good and which ones fail.
Agreed. It’s amazing to me that more people can’t see this diversion for what it is…..
GM. Happy Monday!
A dude once wrote "we have proposed a system for electronic transactions without relying on trust."
Without.
Trust.
Custody
Requires
Trust!
Thank you very much but the protocol is just fine the way it is (normal maintenance and security improvements excluded).
Bitcoin is for significant amounts.
L2 is for fairly meaningful amounts
L3 is for spending accounts.
I don't need to put pitty cash in a Fort-Knox-like security.
#Bitcoin #Lightning
Short sighted view. In order for Bitcoin to support more sovereign users it will require a variety of protocol improvements.
Otherwise mass adoption will mean most people only hold IOUs with trusted third parties.
Disagree
On his way to become rich af, @Saylor lost the plot
His answer to a fairly reasonable question smell of insecurity. I think he knows very well that holding with a custodian is a weakness.
I like this digital battle talk. My dormant ancestrial tribal-war energy is seeping out 😤🫡
I think Saylor is speaking to institutions now, not individuals.
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
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Saylor clearly stated the $MSTR is for institution who cannot self custody due to regulatory reason. He said self custody is best for those who can and they should.
Saylor is helping institutions to circum navigate to reach #Bitcoin .
In India it is very difficult to self custody #Bitcoin
1. Exchanges got hacked recently.
2. Not many orders on DEX.
3. 30% tax
4. 1% tds on every transaction
@npub15dql...lm5m helped Indians to get exposure to #Bitcoin
👉🎯
Why does it look edited?
Thanks for the zap @Humphrey. That is too awesome.
Pretty sure you’ve been gaslighting people into thinking you're a bitcoiner for quite some time all the while knowing that ethereum is an attack on bitcoin.
When it's his business it's capitalism, but when it's Saylors it's ideological treason.
With that said Lopp is a Bitcoiner. I am curious though, is there actually any demand for collaborative ETH custody? I can't imagine it's a big market.
A bitcoiner wouldn't develop and promote Ethereum services. He's an opportunist, which is fine. But to get on a high horse like he owns some moral high ground is rich.
What show is this?
even if its not about authorities, it is very convinient.
Show me the incentive, and I'll show you the outcome...
Can we call it scammer now or it is too soon?
We’re goin’ on a bear hunt,
We’re going to catch a big one,
I’m not scared
What a beautiful day!
Oh look! It’s a mushroom patch.
Can’t go over it,
Can’t go under it,
Can’t go around it,
Got to go through it!
Getting some SaylorBF vibes off this recent interview 🤨
#SBF2 #bitcoin #nostr #memestr #meme #plebchain #plebs #zap
#SBF2 #bitcoin #nostr #memestr #meme #plebchain #plebs #zap
Saylor's going to gaslight folks into believing that self custody is bad and we shouldn't continue improving the protocol because he wants you to buy $MSTR and regulated ETF products.
As I've been warning
View quoted note →
What is Casa?
#Dinosaylor
Slay your heroes
Does anyone have the link to full interview?
A man who’s copied his bitcoin strategy from a crypto anarchist for free
I don’t see it that way.
been here for awhile, rite, Jameson?
Yeah, they didn't force people to hand over gold it was voluntary... they didn't force anyone to have covid jab, it was voluntary... ummm.
For the moment I say Michael Saylor trying play both sides.
😳
This is the centralization effect: the ego always wants more than the other. Power consolidates over time — the hero becomes the villain. @saylor is facing heavy fire right now from the Bitcoin community — his latest interview got heated, with him getting defensive and interrupting criticism of Bitcoin treasury companies like Strategy. Bitcoiners are calling him out on livestreams/podcasts for dodging tough questions on dilution, mNAV risks, and whether corporate HODLing truly builds the network.
He stopped posting on Primal about a year ago (around late 2024, tied to community tensions highlighted in Jameson Lopp’s note below (most likely many others)
The main issue: both sides are wrong.
Pure HODL culture and self-custody alone isn’t the full way — it’s asceticism.
ETFs and TradFi aren’t the way either — that’s hedonism, since shareholders don’t actually hold the Bitcoin.
The answer is the middle path: full conversion to building the network through genuine self-custody and rejecting fiat spending in daily life.
HODL culture gets cursed with spiritual materialism — attachment to BTC that doesn’t grow the network if you’re hoarding while spending fiat. You cannot serve two masters. Every transaction builds (or weakens) the network you choose.
TradFi/corporate gets cursed with materialism. Players like Strategy lean into fiat wealth — motive is more fiat gains via leverage/debt, not pure Bitcoin adoption. They justify it to take part in the rules of the elites and get approval from the state.
I believe if Saylor recognizes this amid the current attacks and reflects on the ego driving centralization, he could transform the Bitcoin economy for the better. If not, his ego risks destroying him — and dragging the narrative with it.
Christ said: “It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.”
Bitcoin is the kingdom of heaven… not billions in state-issued pseudo-money, nor leveraged corporate proxies.
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