Oddbean new post about | logout
 What helps is that Microstrategy owning 250,000 #Bitcoin doesn't make him in charge 
 MICROSTRATEGY OWNS ZERO BITCOIN 

THEY OWN IOUS FROM COINBASE  
 This is also true 👌  
 And Fidelity as well 😱

I knew it was low, but I didn't realize his understanding of self-custody is that low 
 I thought Fidelity self-custodied? 
 They self-custody, but Microstrategy has to trust Fidelity that they are doing the self custody properly. It's no different from an individual keeping their sats on an exchange 
 Only 2 years ago, Canadian gov seizing and freezing accounts plus the super shady doxxing of donors on top... waiting for the 'muricans to do waaaaaay more than this when the rubber meets the road... Hope all you devs are readying preemptive soft forks candidates for when the time comes... Thanks in advance!! 
 Hmm I did not know that. 
 No. Coinbase doesn’t call the shots.

Coinbase and Brian Armstrong are the Central Bank’s bitch.

Uncle Larry is calling the shots.