2min chapter

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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money

Lex Fridman Podcast

CHAPTER

Can Bitcoin Be Replicated?

I think it's possible to create other crypto properties. The real fundamental issue is you just never want it to change. If there was any development team that's continually changing it on a routine basis, it becomes harder and harder to maintain its decentralization. I'm just going to keep track of who owns 21 million parts of energy. And when someone proposes big functional upgrades, you almost don't really wants that development to go on the base layer. You want that development togo on the layer threes because now cash app has a proprietary set of functionality and it's a security.

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