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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Is Corruption Possible?
The difference between digital property and physical property is when you own a building in Los Angeles and the city politics turn against you, you can't move the building. When CashApp supported Bitcoin, they made it very easy to buy it, and then they gave you the ability to withdraw. The real key point is the energy moves in milliseconds for free on layer threes. It moves in seconds or less than seconds on layer twos. And I don't think it makes any sense to even think about trying to solve all three problems on the layer one because it's impossible to achieve the security and incorruptibility and immortality. In fact, if you come back to the New York model, you
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