IMHO, the problem with blackrock and saylor would be that their goal was to become gatekeepers and act as a third party between users and the timechain. I'd rather have 20k bitcoin widely spread in self-custody than 1M widely held on exchanges and institutions. If there were to be custody solutions, better if they were many and small than few and big too. ๐๐งก
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It's a free and open protocol, so everyone gets their own vision of how Bitcoin should be used. Saylor has his, BlackRock has theirs, you have yours, and Odell has his. None are inherently wrong.
But here's the part that doesn't track, the same crowd constantly preaching 'you do you' and 'stop whinging about what others are doing' is the first to call everything that doesn't pass their purity test a scam, a lie, gatekeeping, or a psyop. Saylor and BlackRock didn't force anyone, there's a reason they've been so massively popular. People like their products. End of story. No one held a gun to retail or institutional heads, millions voluntarily handed over their money because they see upside with real exposure to Bitcoin.
Without that capital and mainstream adoption, we'd likely still be sitting around $20k wondering why nobody cares. The '20k BTC widely spread in perfect self-custody' ideal sounds nice in theory, but real-world progress required big players too.
You do you, and let others do the same without the endless gatekeeping and purity tests. That's how a permissionless network actually grows.
I hope btc goes back to $20k so saylor and all his brainwashed lackies will be washed out
Saylor stacked through multiple cycles while you sit here praying for a crash to feel smart. The lack of self-awareness is actually impressive.