5min chapter

Coin Stories with Natalie Brunell cover image

Michael Saylor on Bitcoin and Crypto in the wake of FTX Collapse

Coin Stories with Natalie Brunell

CHAPTER

The Ethics of Cryptocurrency

The idea that I could somehow issue a token that monetizes my brand was interesting to hundreds of thousands of creators and artists and celebrities. That's the ethical idea that came out of crypto. The execution of the idea was we're going to do it on a centralized crypto token network, a Solana or an Ethereum or as something. Those are all unregistered securities. So if you could take those ideas and you could put them on the Bitcoin network on lightning, Bitcoin is ethical because it's an asset without an issuer. Lightning is technically sound. You could support billions of people and do billions of transactions a day. Quick and cheap, technically sound. And then third is got to be economically

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