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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Layered Architectures Are Better Than Crypto Asset Networks
There's a tendency to think, well, it's got to be this L1 or that L1, not really. You want all three layers because they all oscillate at different frequencies. There are certain layer threes like Jack Dorsey's cash app where they just incorporated lightning and implementation of it. On the other hand, three entrepreneurs in Nigeria could create a website that would trade in this lightning economy using open protocols without asking anybody's permission.
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