Oddbean new post about | logout
 At the end of the day, he's got more bitcoin than any of us. Who's the idiot, again? 
 HE HAS ZERO BITCOIN 

HE ONLY HAS IOUS FROM CUSTODIANS  
 That's a nice meme. You would take those 250,000 IOUs in a heartbeat, even if you couldn't take them off the exchange, which he can. 
 OF COURSE I WOULD TAKE THEM BUT IM NOT RETARDED ENOUGH TO BUY THEM 
 If you were a company, you would use a custodian.  
 I AM A COMPANY BUD TRY AGAIN BITVORA.COM 

THE DIFFERENCE IS WE ARE A REAL BITCOIN COMPANY  
 So you're a publicly traded company with 250,000 bitcoin? The paradigms haven't changed enough yet for public companies to self-custody. If I was a public CEO that converted my treasury to bitcoin where bitcoin wasn't my core business, I'd be terrified to self-custody.