What is Nostr?
marksea / Mark Sea
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2024-10-21 12:55:13

marksea on Nostr: My point here is that people are freaking out over what a billionaire is saying. He ...

My point here is that people are freaking out over what a billionaire is saying. He may have some sway given his status, but it’s meaningless from a protocol perspective.

Self custody is as non-negotiable as 21m. The code itself makes his opinion meaningless if you run your own node.
The most plausible explanation for Saylor (no, I don’t think he is a spook), is that he’s just acting in his own self interest. He (and his company) have giant bags and neither will ever have the anonymous benefits that can come with #bitcoin so he spouts narratives like the recent FUDing of cold storage, gov and tax evasion, etc because that will simply help HIS bags (broader acceptance).

He’s a billionaire, he’s getting older, and he has an ego (what CEO doesn’t?). I think he think I can safely make the assumption that he would like to see hyperbitcoinization within his lifetime and see his strategy justified. As a CEO, he is trained in how to speak to specific audiences. He’s isn’t, and never was, your friend just because he buys bitcoin and believes it’s a superior SoV.
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