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2024-10-23 05:21:48

Vitalik Buterin Slams Saylor’s Bitcoin Custody Proposal as ‘Insane

The post Vitalik Buterin Slams Saylor’s Bitcoin Custody Proposal as ‘Insane appeared first on Coinpedia Fintech News MicroStrategy’s Michael Saylor is under fire for suggesting Bitcoin custody should be entrusted to big banks. Vitalik Buterin, co-founder of Ethereum, criticized Saylor’s stance in an X post, calling his comments “batshit insane.” Vitalik highlighted that Saylor’s approach, which advocates regulatory capture to protect crypto by involving entities like BlackRock and Fidelity, contradicts the decentralized …

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