Major Banks Set to Embrace Bitcoin Custody, Says Michael Saylor

MicroStrategy_s Michael Saylor predicts that major banks will offer Bitcoin custody services, citing the challenges of self-custody. He believes institutions like banks, governments, and non-profits will require Bitcoin for it to become universal. Saylor points out that entities like the City of New York and the Defense Department cannot personally hold Bitcoin, necessitating custodians. He also emphasizes the need for trust companies for individuals who can_t self-custody, such as children or those with dementia. Saylor concludes that Bitcoin_s integration into traditional institutions is inevitable for economic, physical, and political reasons. Follow for any latest updates, thanks