If I had 99% of my net worth in coinbase, I too would be calling you all paranoid crypto anarchists.
Discussion
Are Coinbase withdrawal feeβs an issue? π§
Saylor every night he goes to bed... https://m.primal.net/LeKr.webp
based
Fidelity Custody and Coinbase Prime
Arguably the most on-point analysis I've seen today
nostr:note12mu9c23x38v0y6qv5jlsxneunwvpwjr3d7dhsfzarld2t5vddhhsqmn7p0
Man who's business is effectively being a bitcoin custodian says using a custodian is good
I think folks are overreacting
It is the shift in messaging thatβs concerning.
He is the most mainstream name in bitcoin. And now heβs talking about getting yield on bitcoin as being the primary path while speaking down to the self-custodian class.
Even if he is doing it for his fiduciary duty, it is a stark difference from where he started AND because so many bitcoin influencers bought into his schtick, there is damage to be done to the trust network in the event the MSTR experiment goes the way of FTX, Celsius, BlockFi.
Overreaction is the right course here IMO.
π©π©Throw up the red flags. π©π©
β―οΈ #SAYLOR β―οΈ
Hahaha
Never trust men with whiny girly voices
Low T men cannot lead