According to Saylor self custody is worth less than 1% of bitcoin's value proposition ...

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npub1kx…3lecx

2026-01-14 20:48:20 UTC

According to Saylor self custody is worth less than 1% of bitcoin's value proposition -- that's the important point for me, as I strongly disagree!
Without self custody can be coerced and controlled like everything else.

He's a bitcoiner who doesn't consider self custody important, and he's saying that he agrees "99%" with bitcoiners who do, and should not focus on little differences. Self custody is a huge one, bro!

He made some points, but he pretends not to understand that:
- there is a difference between a regular company buying bitcoin from its operational treasury vs. a "treasury" company buying bitcoin with debt raised from others
- there are many entities that can buy bitcoin directly
- self custody is important

quoting
nevent1q…qlq0
Michael Saylor | The Bitcoin Treasury Debate Gets Heated

We discuss:
- Bitcoin in 2026
- Are There Too Many Treasury Companies?
- The Future of mNAVs
- Building on Digital Credit

Watch it here: https://youtu.be/J85O-ckNxCw

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2026-01-14 20:48:20 UTC

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