I like and I agree with a lot of things Saylor said but I can see why he said what he said based on his fiat incentives.
Saylor is trying to play it safe with fiat because he still has a big stake in the fiat system. The guy get to print money to buy #bitcoins at 0%interest, not even nation states are doing that yet. But I don't care, if Saylor wants to play with fiat and let himself be eating that's his choice, and he will probably lose all of the MSTR coins at a 6202. Bitcoin will keep tick tocking it does need some of us but it doesn't need neither of us to survive.
reply
I don't know how this is related but, yeah the first one is true at some extent, but the second is questionable. I agree there is a lot to do in self-custody side of things to lower prices for smaller holders, but a lot of guys of "I am here to fix Bitcoin" want to do more damage than fixing anything. My rule of thumb is build it if it's extremly needed, time tested and 100% secured. Plus LN and other layers should be where the focus is not on the base layer.
reply