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Jan | 1 months ago (raw) | root | parent | reply | flag 
 If something is not regulated and does not harm others, I don't see a reason for it to be flagged as 'bad' or 'criminal.' I kind of understand why Saylor does this, but I'm not going to support it.
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drgo | 1 months ago (raw) | root | parent | reply | flag +2 
 Meh. It’s just a fact. Hundreds of thousands of bitcoins have been seized, but not in a bitcoin 6102 style event…rather from violators of dubious laws and some genuine criminals.
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Jan | 1 months ago (raw) | root | parent | reply | flag 
 Well, it happened with gold before, and sooner or later, it will happen with Bitcoin too. It’s just a matter of time — look at the ECB and their recent paper discussing the 'redistribution of wealth.' They are preparing the ground for something like 6102...

If Saylor doesn't support self-custody anymore, that's his problem, and when he realizes his mistake, it will probably be too late for him and his company. I'm not going to listen to this guy anymore because I question his real motivations.
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drgo | 1 months ago (raw) | root | parent | reply | flag 
 Saylor pointing out that seizures in bitcoin have happened only to legally dubious enterprises states nothing about his stance on self custody. 

Self custody works until it pays to kidnap and torture you or a loved one for profit. Custodians add encumbrances to your keys that can’t be tortured away. This is something rich people must plan for. 

I wish Saylor didn’t use the common/layman’s definition of cryptoanarchy…but that’s my only criticism. Everything else he said is spot on. It’s true 6102 succeeded because people complied rather than boots went kicking in doors. 

While I agree eventually states will try something to violate property rights of bitcoin holders, I think it will be via unjust taxation.