Cryptocurrency

This is why Ethereum is destined to FAIL – Michael Saylor



Michael Saylor is the founder and executive chairman of MicroStrategy and a bitcoin adopter.

MicroStrategy was one of the first public companies to buy bitcoin and as of October 2022, owns approximately 130,000 bitcoins and is the worlds largest individual Bitcoin holder.

In addressing the Atlas society Saylor gives one of the best speeches ever on the topic of bitcoin in my opinion. If you have any reservation about bitcoin being humanities best chance of freedom then this is a must watch.

The fact that it makes you filthy rich by being the best investment of the last decade is just a secondary benefit. Enjoy.

Special Thanks to:
-https://www.youtube.com/watch?v=BYk1Id2j7_8
-https://www.youtube.com/watch?v=mC43pZkpTec&t=3s
-https://www.michael.com/

0:00 Introduction to Michael Saylor
1:00 Michael Saylor compares PoW & PoS
5:00 The Importance on Energy in Bitcoin

#michaelsaylor
#proofofwork
#proofofstake
#Bitcoin

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4 Comments

  1. POW ensures the security of a cryptocurrency, however that does not ensure value.
    When I sell my car, it is unreasonable to ask the buyer to pay for my whimsical expenses which add no value, eg I cannot reasonably expect the buyer to pay for all my painting expenses for painting the car every single day

  2. It would be interesting to hear sailor's thoughts on Carano's POS system. Glad Max didn't interrupt the flow of the video with an annoying commercial for tomorrow's video right in the middle of it. 👍

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