BREAKDOWN: From a $1T Asset to a $100T Network – Everything We Learned About the Bitcoin Mining Council From Michael Saylor's Twitter Spaces

BREAKDOWN: From a $1T Asset to a $100T Network – Everything We Learned About the Bitcoin Mining Council From Michael Saylor's Twitter Spaces

By CoinDesk

With more than 7,000 listeners, Michael Saylor and many North American miners added color to the initiative. 

This episode is sponsored by Nexo.io and Bitstamp.

On today’s episode of “The Breakdown,” NLW first follows up on yesterday’s episode about the FOMC meeting and a potential future shift in Fed policy. As many expected, the Fed kept its short-term policy the same, but revised forward its estimates for when it will begin rate hikes to 2023. 

The main discussion focuses on the latest from the Bitcoin Mining Council. Yesterday, MicroStrategy CEO Michael Saylor hosted a 90-minute discussion via Twitter spaces that featured many pointed questions. NLW argues that what’s clear from the session is Saylor is focused on scaling bitcoin from a $1 trillion asset to a $100 trillion network and fighting anything that stands in the way. 

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Image credit: CoinDesk TV

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