2min chapter

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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money

Lex Fridman Podcast

CHAPTER

Is There a Conflict of Interest in a Cryptocurrency?

I think that the point at which you start to have a conflict of interest is when you're promoting a proprietary product or a proprietary security. For example, if you look at my Twitter, you will find that I make lots of statements about Bitcoin. You won't ever see me making a statement that say micro strategy stock will go out forever. MSTR is a security because at the end of the day,. It is proprietary. I have proprietary interest in it. He has a disproportionate amount of control and influence on the direction.

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