**Crypto Community Clashes Over Bitcoin Custody**
Ethereum co-founder Vitalik Buterin has slammed MicroStrategy's Michael Saylor for suggesting Bitcoin users should trust big banks for custody. Buterin called Saylor's comments "batshit insane," echoing the sentiment of many in the crypto community.
Saylor's Oct. 21 remarks, advocating for "too big to fail" banks to hold Bitcoin, contrast sharply with his previous support for self-custody. Critics argue that relying on large financial institutions undermines the decentralized ethos of crypto.
ShapeShift founder Erik Voorhees and Casa's Jameson Lopp also voiced strong opposition, emphasizing the importance of self-custody for Bitcoin's integrity and security. The debate continues to heat up as the community weighs in.