I don't think he's a spook. He sounds sincere, but the traditional financial system has been good to him. Therefore, he doesn't view it as a threat.

That is a security hole. Strategy's bitcoin is the easiest to 6102. Well, that and the ETF's and all the other Corporate treasuries.

I am not saying the government will steal Strategies bitcoin for certain, but there's at least a 1% chance the United States Government will sieze Strategy sats.

There also a small chance another country or group of people will infiltrate Coinbase and somehow hack the sats. This is easier to solve with timelocks and multi-institutional collibirative custody. A bitcoin heist should be like one of those Ocean's Eleven movies, nearly impossible to pull off.