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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
The Layer One of Bitcoin
The layer one of Bitcoin is a foundation upon which you put weight. How much weight can you put on the bedrock in Manhattan? Think about 100 story buildings. The real key there is the foundational asset needs to be there at all. So the fact that you can create a hundred trillion dollar layer one that would stand for 100 years, that is the revolutionary breakthrough first time. It's ethical and it's common property, global permissionless, extremely unlikely that would happen.
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