Ethereum co-founder criticizes major banks for storing bitcoin: ”Completely unreasonable”

Ethereum co-founder Vitalik Buterin recently spoke out against the move in response to a question from Michael Saylor.
Saylor criticized the remarks made by the founder of MicroStrategy as "completely insane."
On the 22nd, Buterin met with Jameson Lopp, chief security officer at bitcoin custodian Casa, to discuss the matter.
Lopp responded to a post on X (formerly Twitter) highlighting the benefits of self-storage by saying, "I think Sailor's comments sound completely insane."
On the 21st of last month, Saylor suggested that "Bitcoin holders should rely on banks that cannot fail" as a place to store financial assets.
"Salor is a leader in the investment management firm BlackRock," Buterin said.
"The SEC appears to be explicitly advocating a regulatory capture approach that would see the company have assets held by LackRock and Fidelity as custodians," he said. "Such a strategy has many failed precedents,
"Personally, this is not what cryptocurrency is about," he said.
Reidy, referring to crypto anarchists,
They warned that unregulated companies that do not recognize financial, tax or reporting requirements increase the risk of asset confiscation.