2min 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

Bitcoin Is a Digital Asset Without an Issuer

There are other genetic codes that could result in digital assets without an issuer. You could create a Bitcoin copy that's capped to 21 million coins, but the difficulty adjustment takes place every four weeks instead of every two weeks. There is no process in the regulatory system for having something formally designated a digital commodity. Most things are securities until proven otherwise.

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