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September 11, 2021

Michael Saylor on 9/10/21

"Bitcoin does not consume electricity to process transactions. Bitcoin transactions on Layer 2 platforms like Lightning or Layer 3 applications like Cash App are instantaneous & effectively free. The electricity is used to secure the network and ensure its integrity over time."

-Michael Saylor, Co-Founder & CEO of Microstrategy

Thank you for reading!

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