Bitcoin centralized by corporate giants should not be feared – Michael Saylor
During a recent podcast interview, Michael Saylor explained that Bitcoin being bought and centralized by corporations should not be feared. He outlined three main reasons driving the need for custodians. During a podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then centralizing Bitcoin (BTC) should not be a cause for concern. While speaking to Natalie Brunell on the Coin Stories podcast, released on Aug. 7, Saylor emphasized the inevitability of third-party and corporate participation growing in the Bitcoin space. However, he suggested that lack of complete self-sovereignty should not be feared . “We need to be prepared for Bitcoin to infuse everything” Saylor stated, explaining that as Bitcoin becomes more integrated into society, it will have many use cases and there will not be a one-size-fits-all model. “There are different type of wrappers. Some people will always be self-custody, some will be multi-sig, some will n...