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 Just Costs Too Much

People will say, I hear this all the time, people will say, Bitcoin just costs too much. And like my immediate thought is in relative to what? Right? So when you think about the existing settlement system, the traditional settlement system, how do you possibly quantify the cost that's associated with that? There's a lot in there like you were talking about Africa and how it was unbanked and all these other intangible costs that are associated with a system that is corruptible. The 98% of the world that doesn't really understand or think much about Bitcoin, they don't have a strong opinion one way or the other.

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