Key Points:
- Michael Saylor of MicroStrategy believes that large corporations purchasing and holding Bitcoin in their custody is not a cause for concern.
- He emphasizes the inevitability of corporate participation in the Bitcoin space.
- Saylor suggests that the desire for total self-control over Bitcoin may not be the only answer as Bitcoin is used for diverse purposes.
- There will be different types of wrappers for Bitcoin custody including self-custody, multisig, and layer-3 custodians.
- The need for custodians is driven by technical, political, and natural reasons.
- Trust in third parties will be necessary for certain transactions, such as using crypto with mobile phones.
- Saylor believes that the optimal blend of Bitcoin integrations will be determined by the market.
