6min chapter

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

Lex Fridman Podcast

CHAPTER

Is Bitcoin the Most Difficult Property of the Human Race?

The Bitcoin is the most difficult property that the human race possesses or has yet invented to confiscate. It doesn't mean I couldn't extract it from you under duress, but it means that it's harder than every other thing you might own. In terms of ethics, because it's property, it's ethical for me to say that if I were to turn around and say, you know, Lex, I think the same about micro strategy stock, MSTR, that's a security. If I'm wrong about that, I have civil liability or other liability. But when you get to the secondary issue with digital property, how do you actually build a world based on digital property? You

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