Everyone Has This SO WRONG About Bitcoin | Michael Saylor

Everyone Has This SO WRONG About Bitcoin | Michael Saylor thumbnail

Jeff Brown The Near Future Report

Everyone Has This SO WRONG About Bitcoin | Michael Saylor

Yahoo! interviewed Michael Saylor in a conversation. In an interview with Yahoo! Finance, Michael Saylor, CEO of Microstrategy discussed many topics including Microstrategy buying Bitcoins top forever, the implications of Terra Luna’s meltdown and Sam Bankman Fried’s comments that bitcoin has no future as a payment network. Bankman-Fried, Founder & CEO of FTX, said earlier this week that he doesn’t believe Bitcoin will be a viable payment option in future due to its proof-of work system. This is something he cannot scale to handle millions. Bankman-Fried said,

“Things that are doing millions of transactions per second must be very efficient, lightweight, and have a lower energy cost. Proof-of-stake network are
Although many people, including Bankman-Fried, see Bitcoin as a store value, Michael Saylor has a different view.
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