Bitcoin for Corporations 2022 featuring Michael Saylor & Jack Dorsey, hosted by MicroStrategy

Square acquired Tidal music to tackle this problem with musicians, who currently get most of their revenue from merchandise and tours, not ad revenue.

Jack believes NFTs are the wrong answer to the right question: How to better support artists and how they engage with fans?

Lesson to companies: Open source everything, compete on quality, services, and models.

Bitcoin does for money what the TCP/IP did for the Internet, it unifies global markets, increases efficiency, and unlocks innovation

Bitcoin changes Ad-revenue business models along with all their associated privacy and surveillance capitalism issues

For instance, anyone around the world can use Twitter, whereas Square and Cash App have to navigate local laws and banking regulations in each market before launching

Because it’s global, neutral, and transparent, Bitcoin brings the technology of money out from behind closed doors

Facebook wasted time and effort on Libra and Diem. Bitcoin is usable but not yet widely accessible and is an opportunity for Facebook to achieve everything it set out to do with Libra  Learn the lesson: “You don’t gotta own it, just use it” – Jack Dorsey

Jack believes Twitter wouldn’t have relied on advertising had Bitcoin existed before Twitter launch

Be prepared to lose credibility when you take risks in what you believe in. You have to power through such times till you unlock a model that works.  For instance, Square saw few transactions when it first integrated bitcoin, and no one thought CashApp was a good idea initially