Industry insiders: Some Bitcoin users may not like MicroStrategy due to concerns about self custody issues

CryptoQuant founder and CEO Ki Young Ju stated in an article on X platform that different forms of currency require different gateways, and Bitcoin users should recognize that MicroStrategy is the gateway connecting Nasdaq 100 currency and Bitcoin. They do not understand why some Bitcoin users do not like MicroStrategy and may have concerns about self custody, but in reality, few people will implement self custody - just like only a few people are concerned about privacy breaches. The Bitcoin banking model of MicroStrategy is very consistent with the current adoption level. If the active fund management of the gateway can obtain a large amount of Bitcoin with relatively less funds, it marks the success of Bitcoin banking. Of course, there is always a risk of failure, so people should see it as entrusting funds to banks with the aim of obtaining more Bitcoin, using Bitcoin itself as a form of currency.