Michael Saylor discusses the core principles that underpin bitcoin's design and operation, and how they create an "indestructible" and "immortal" form of wealth (digital money, digital property, digital energy).

These principles collectively form the foundation of Bitcoin's ethos and differentiate it from traditional financial systems. They reflect its aim to create a borderless, trustless, and decentralized form of digital currency.

Watch the full bitcoin podcast episode with Michael Saylor here on the Stephan Livera Podcast
Michael Saylor on Bitcoin Principles@StephanLivera [ Ссылка ]

Who is Michael Saylor?
Michael Saylor is an American entrepreneur, business executive, and Bitcoin advocate. He is the co-founder, chairman, and CEO of MicroStrategy, a publicly traded business intelligence company.

Saylor is known for his outspoken support of Bitcoin as a store of value and a hedge against inflation. In August 2020, MicroStrategy announced that it had purchased 21,454 bitcoins for approximately $250 million, making Bitcoin its primary treasury reserve asset. This move was seen as a significant endorsement of Bitcoin by a publicly traded company, and it sparked a trend of other corporations and institutional investors investing in Bitcoin as a hedge against currency devaluation.

Bitcoin Fundamentals
Bitcoin operates on a decentralized network of nodes, which means it isn't controlled by any single entity or government. This decentralization makes it resistant to censorship or control from any central authority, which some proponents argue makes it "unstoppable" in terms of transactions.

Bitcoin's blockchain technology relies on cryptographic principles to ensure the security of transactions. The consensus mechanism (Proof of Work) used by Bitcoin makes it highly secure against fraudulent activities like double-spending. This robust security is a key feature often cited by supporters as making Bitcoin resistant to manipulation or interference.

Bitcoin has a large and growing user base, which contributes to its resilience. As more people adopt Bitcoin and participate in its network, it becomes increasingly difficult to disrupt or dismantle it entirely.

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