But at the same time the dude GETS bitcoin.
Clearly he does not. He just called censorship-resistance and privacy "bad ideas."
And he is right about the bit with trusted layer two like Square. And lightning is a hobbyist platform today. Square/CashApp is an actual working product people use. And before you sling at me too hard... I run 2 lighting nodes.
He's wrong about LN as it is not a competitor of PayPal and Square! It was not developed for that purpose, and its not a centralized entity, much less a corporation. His comparison of LN with the other two is farcical at best and reflects an extremely poor understanding of bitcoin at worst.
Were just gonna disagree on this one. I see some 3D chess. I think there is 0% chance he gets why bitcoin is a good place to park a billion dollars, but does not realize censorship resistance is a key reason. In fact he's made that exact argument several times.
So why, then, would he say the thing he said?
Occam's razor. It's not even really 3D or Chess... It's checkers really.
The Michael Saylor quote is being taken out of context. He's arguing that bitcoin needs to be portrayed differently to bring in more of the traditional Wall Street bankers.
