BTC Network is Low Risk and Resilient Amidst CoinEdition Regulations


© Reuters Michael Saylor: Flexible BTC Regulations for Low-Risk Networks
  • According to Michael Saylor, it stands out as the winner in the crypto ecosystem.
  • Saylor believes that Bitcoin is a low-risk network and will be the last operating network in a regulated environment.
  • Saylor highlights Bitcoin’s cryptographic and embossing capabilities to secure important documents.

The Simply Bitcoin YouTube channel recently posted a video examining MicroStrategy co-founder Michael Saylor’s interview with David Lane discussing Ordinals. According to Saylor, the majority of members and capital in the crypto ecosystem are migrating to the Bitcoin core layer, claiming that Bitcoin emerges as the winner.

He. She [Bitcoin] It is a low risk network.

Saylor also adds that when all networks are shut down and users’ cryptographic security is in order, Bitcoin will be the last network to operate. The host of the YouTube channel praises the CEO of MicroStrategy for his “flat” attitude.

Furthermore, the YouTuber acknowledges Saylor’s opinion that no powerful outside forces including “the government of China or the government of the United States”, can stop Bitcoin.

According to Simply Bitcoin, even if a major actor buys a multibillion-dollar A6 LTC Master, crypto mining equipment, and “attacks the system,” they will end up making the network stronger.

Additionally, Saylor highlights that certain documents are worth more than money like a will or the name of someone associated with a business. These documents can be encrypted and included on Bitcoin, according to Saylor, to prevent them from being tampered with by third parties such as law firms, nation states, or even corporations.

The Bitcoin hosts conclude the video by citing approximately 20-30k tokens and coins that have tried to improve Bitcoin. However, most of them failed and now cease to exist.

Meanwhile, Saylor’s recent remarks about The Ordinals being a “catalyst” for Bitcoin adoption, as mentioned on the PBD Podcast, are in line with his current position. However, he acknowledges that the ordinal was also used for frivolous purposes.

Michael Saylor Post: Flexible BTC Regulations for a Low-Risk Network appeared first in Coin.

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