Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
“I support self-custody for those willing and able,” Saylor said in a new post after encouraging “big bank” custody in an interview earlier this week.
MicroStrategy founder Michael Saylor backpedaled on his comment that big banks should take custody of Bitcoin following a torrent of backlash from the crypto community.
“I support self-custody for those willing and able, the right to self-custody for all, and freedom to choose the form of custody and custodian for individuals and institutions globally,” Saylor declared in a post on X on Oct. 23.
Saylor has been taking heat from the crypto community, including Ethereum co-founder Vitalik Buterin, after calling out “paranoid crypto-anarchists” in a recent interview.
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Author: Martin Young
