Jack Dorsey, left, and Michael Saylor. Photo illustration: Shoshana Gordon/Axios. Photos: Marco Bello/AFP, Jason Koerner/Getty Images for Bitcoin MagazineDorsey, formerly the CEO at Twitter, presented a vision of bitcoin freeing people from mechanisms of control. Saylor, meanwhile, presented it as enriching people who bet on a paradigmatic shift in finance.
His talk is all about the ways in which people are less free than they think, because everything they use , they use at the pleasure of faceless authorities. And, as he notes, their access to those things can be taken away at any time. But then he explains how Bitcoin — and technology based on it — give people an alternative, where access is permissionless and uncensorable., given at at a May conference he put together in Las Vegas, is very much focused on a winner-take-all perspective, that there will be no second place in the future. Bitcoin, in his view, is the best form capital has ever taken.
He made the point to argue that BTC will be the only crypto asset ever adopted by institutional investors. It may still be true that such investors strongly favor it going forward, however.its open source development Cash App, launched by Block in 2013, was one of the first mainstream apps to give normal people an easy way to get bitcoin. Now the company is devoting part of its bitcoin profits toDorsey and Saylor may have become converted for different reasons, but they are fundamentally aligned.Share on linkedin
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