< Back

Michael Saylor on 9/10/21

September 11, 2021

"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!

Don't forget to come into the app tomorrow to continue learning about crypto! 

Enjoying Ember?

Download the App
Leave us a Review!