I'm not a huge fan of Saylor's view on Bitcoin either, and I wouldn't be surprised to see some governments confiscating crypto held in banks/exchanges for "the greater good".
That said, I also think the road to self-custody is a long one. In my experience, most people are afraid to manage a seed phrase, or they end up losing it.
I think we need a middle ground for now, where people who aren't ready for self-custody can keep their crypto in a "bank", but with an easy way to transition to self-custody when they feel comfortable.
For sure, and I think projects like Vultisig are amazing for helping make self custody simple. But what Saylor's doing is trying to bring tyranny to freedom money. It's inexcusable.
I'll have to look into Vultisig.
There's also a new alliance called DeRec (decentralized recovery) that's working on a standard that would allow users to spread their secrets over a number of trusted "helpers", who would then assist you to recover your seed phrases should you lose your device.