August 1, 2025

Self-Custody vs. Custodial Bitcoin: A Lesson From FDR ‘Forbidding the Hoarding of Gold’

1 min read

Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather

Bitcoin.com logo

Source: Bitcoin.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed