5min 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

Why Do You Need a Functional Digital Money?

The problem that we're solving is monetary integrity through time and space across domain. The proper architecture is the scarcity protocol. If you want to create something that is going to last a thousand years, that's going to work across a hundred million companies in 100 countries. It can't be a digital security notwithstanding the issue of Chinese securities. But even if you bought into that notion, there are 250 people to issue a security responsibly.

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