kenshin on Nostr: Totally agree, those are my feelings too, and I am just a random pleb who wants to be ...

Totally agree, those are my feelings too, and I am just a random pleb who wants to be self sovereign and protect my future wealth.
Very worrying that Saylor with his influence in Bitcoin takes this direction now...

quoting nevent1q…qazm

Michael Saylor’s recent dismissal of self-custody is not just misguided, it’s downright dangerous. To suggest that hardware wallet manufacturers are “just after your money” while downplaying the importance of self-custody reveals a troubling lack of understanding about what Bitcoin truly represents. As someone with significant influence, it’s disheartening to see him undermine the very principles that make Bitcoin revolutionary.

These manufacturers are not merely profit-driven, they offer essential tools for financial sovereignty. Bitcoin was created to give power back to the people, freeing them from the control of banks and governments that have a long history of failing them.

Saylor’s perspective reveals a disconnect from the realities of those who depend on Bitcoin. He suggests that “banks or governments won’t take your Bitcoin,” but this naiveté ignores the numerous threats that exist. Banks can freeze accounts, governments impose capital controls, and exchanges can be hacked or seize funds. In countries around the world, we’ve seen governments brazenly confiscate citizens' savings, stripping away their wealth overnight.

For Saylor, Bitcoin might be an investment opportunity, focusing solely on "number go up." But for many individuals around the world, Bitcoin is a lifeline. If he sees self-custody as a mere sales tactic, it shows he fails to grasp its importance.

By promoting reliance on third parties, Saylor is inadvertently encouraging a return to the very systems Bitcoin was designed to circumvent. This is not just disappointing, it’s a betrayal of the foundational ideals of Bitcoin.

With self-custody more crucial than ever, we're here to guide you in the right direction. That’s why we’ve prepared something to help you and those around you, secure your wealth, free from trusted third parties.

Stay tuned, we have an exciting day ahead!