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CHANGING STANCE? Bitcoiners slam Michael Saylor for saying this:
MicroStrategy’s executive chairman, Michael Saylor, was slammed over his latest comments recommending Bitcoin custodianship through “too big to fail” financial institutions rather than using self-custody — something he once championed.
Saylor controversially suggested in an Oct. 21 interview with financial markets reporter Madison Reidy that Bitcoiners have nothing to lose by transferring their Bitcoin to institutions.
Saylor is seen as a champion for Bitcoin, and his comment appears to be in stark contrast to his previous support for crypto self-custody.
Anybody thinking a state-sanctioned Bitcoin seizure is possible is a “paranoid crypto-anarchist,” Saylor said, when asked whether the United States government might strip Bitcoin holders of their self-custody rights in the way that holding gold was made illegal in 1933.
Also remember guys, this is not financial advice and I am not a financial advisor. This is just me expressing my opinion.
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