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<ul class="wp-block-list news-points">
 <li>Michael Saylor advocates for financial companies’ crypto custody instead of self-custody.</li>
 <li>Vitalik Buterin criticizes Saylor’s idea as insane and adds that it’s against the principle of decentralization.</li>
 <li>Casa co-founder Jameson Lopp states that institutional control of crypto could stifle innovation.</li>
</ul>
MicroStrategy CEO Michael Saylor sparked a strong reaction with his comments on Bitcoin self-custody and the risk of government seizures. Industry leaders like Vitalik Buterin openly disagreed with Saylor, whose views challenge the core principle of decentralization in crypto. Buterin called Saylor’s idea of institutional crypto custody “insane.”
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 I probably did more than most to spread the "mountain man" trope (btw I consider those remarks of mine outdated; snarks and AA changed the tradeoff space completely), and I'll happily say that I think <a href="https://twitter.com/saylor?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@saylor</a>'s comments are batshit insane. He seems to be explicitly arguing for a…— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1848876323026178429?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 22, 2024</a>
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<a href="https://coinedition.com/saylor-bitcoins-liquidity-is-key-predicts-13m-price-in-21-years/" rel="noopener noreferrer nofollow">Read also: Saylor: Bitcoin’s Liquidity is Key, Predicts $13M Price in 21 Years</a>
In an interview on the “Markets with Madison” <a href="https://youtu.be/DevkAbG1mGc?si=WxI3OlkOwsGLVGXa" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, Saylor referred to the crypto community as “par…
The post <a href="https://coinedition.com/saylor-vs-buterin-debate-erupts-over-bitcoin-self-custody/" rel="noopener noreferrer nofollow">Saylor vs. Buterin: Debate Erupts Over Bitcoin Self-Custody</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Saylor vs. Buterin: Debate Erupts Over Bitcoin Self-Custody

Coin Edition

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