6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

ESG - Is There Any Defense to Creating a Software Company?

The ESG five is originated by and promulgated by the other cryptos. The whole basis is Bitcoin is bad because it uses energy, we have a better tool that doesn't use energy using proof of stake. This is all just guerrilla marketing by other crypto promoters. You can inject the energy into the coin with multiple protocols. And if you take the energy out of the coin, the money is not money, it's credit. So there really is no defense to creating a software company and selling it to the general public without a registration statement. It isn't morally defensible or legally defensible.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode