brock on Nostr: It is the shift in messaging that’s concerning. He is the most mainstream name in ...
It is the shift in messaging that’s concerning.
He is the most mainstream name in bitcoin. And now he’s talking about getting yield on bitcoin as being the primary path while speaking down to the self-custodian class.
Even if he is doing it for his fiduciary duty, it is a stark difference from where he started AND because so many bitcoin influencers bought into his schtick, there is damage to be done to the trust network in the event the MSTR experiment goes the way of FTX, Celsius, BlockFi.
Overreaction is the right course here IMO.
🚩🚩Throw up the red flags. 🚩🚩
He is the most mainstream name in bitcoin. And now he’s talking about getting yield on bitcoin as being the primary path while speaking down to the self-custodian class.
Even if he is doing it for his fiduciary duty, it is a stark difference from where he started AND because so many bitcoin influencers bought into his schtick, there is damage to be done to the trust network in the event the MSTR experiment goes the way of FTX, Celsius, BlockFi.
Overreaction is the right course here IMO.
🚩🚩Throw up the red flags. 🚩🚩