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18min chapter
#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Exploring Bitcoin's Layered Architecture
This chapter examines Bitcoin as a foundational asset within a multi-layered cryptocurrency system, focusing on its role as a secure transaction layer. It highlights the functionalities of layer one and the enhancements provided by layer two solutions like the Lightning Network, emphasizing scalability and efficiency. Additionally, the chapter addresses the implications of decentralization and ownership, showcasing Bitcoin's unique advantages over traditional financial systems.
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