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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Bitcoin
In essence, you're introducing the concept of consequence or truth into cyberspace. And that means if you do want to spend up 10 million fake, fake less freedoms, right? It's going to cost you $100 million to spend up ten million fake Lexus. What what you want to do is you want to go through 200 websites a day. Every time you cross a domain, you need to be able to in a split second, prove that you've got some asset. So how do I in a friction free fashion browse through dozens or hundreds of websites, post a security deposit for state safe passage and then get it back?"
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