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US Banks Will Soon Offer Bitcoin Custody: Is This The End of Bitcoin as a Tool for Self-Sovereignty?
- The values of the Bitcoin world seem to be changing with a shift towards financialization of Bitcoin.
- The inflection point occurred in August 2020 with the arrival of Michael J. Saylor and MicroStrategy in the Bitcoin universe.
- There's a great hijacking of the Bitcoin revolution happening before our very eyes.
- Michael J. Saylor is showing his true face and his complicity with the financial giants who want to take over the Bitcoin world.
- The potential of the Bitcoin revolution is far greater than its financialization and over reliance on a current system.
- Michael J. Saylor shared that the forthcoming entry of American banks into Bitcoin custody is a good thing, however it's good for powerful players in the current system.
- It could even lead to a future ban on the self-custody of Bitcoin and force citizens to own BTC via trusted third parties defined by governments.
- There's a risk that Michael J. Saylor is not on the side of the Bitcoin revolution as a liberating movement for the people.
- There's a concern over Bitcoin losing its value as a tool for self-sovereignty as the bankers resume their role as intermediaries with the blessing of the US government.
- There's a need to stay vigilant and not be blinded by weak money profits in the evolution of Bitcoin.
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