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Michael Saylor has been criticized by the Bitcoin community for proposing that Bitcoin be entrusted to large financial institutions

Michael Saylor has been criticized by the Bitcoin community for proposing that Bitcoin be entrusted to large financial institutions

Bitget2024/10/22 07:05
BTC-2.54%

ChainCatcher news, MicroStrategy CEO Michael Saylor has been criticized by the community for his latest comments. He suggested that Bitcoin holders should transfer their Bitcoins to "too big to fail" financial institutions instead of using self-custody.

It is reported that Saylor has always been a supporter of Bitcoin self-custody, believing that self-custody can prevent custodial institutions from abusing power.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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