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Michael Saylor Responds to Bitcoin Lightning Network Poll with Meme Giveaway

MicroStrategy's executive chairman, Michael Saylor, engages in a Twitter poll and meme competition, showcasing his support for Bitcoin's Lightning Network.
Published on 2022-10-05

Michael Saylor's Bitcoin Lightning Network Challenge

Michael Saylor, executive chairman of MicroStrategy, recently responded to a crypto researcher's poll suggesting his limited use of Bitcoin's Lightning Network. Saylor not only affirmed the claim but also launched a creative initiative to engage the crypto community.

A Meme Competition with Bitcoin Rewards

Saylor countered with his own Twitter poll, confirming his infrequent use of the Lightning Network. To spice things up, he announced a meme competition with a prize of 1,000,000 Satoshis (approximately $200) for the most liked entry. This move not only highlighted his sense of humor but also demonstrated his commitment to Bitcoin adoption.

Promoting Bitcoin Adoption Through Engagement

By giving away Satoshis to the winners, Saylor will literally use the Lightning Network three times, addressing the initial poll's implication. This approach combines community engagement with practical use of Bitcoin's layer-2 technology, further promoting its adoption.

A Win-Win for the Crypto Community

The initiative serves as a fun way to educate and involve more people in Bitcoin's ecosystem. It also underscores Saylor's belief in the potential of the Lightning Network to scale Bitcoin's utility and accessibility.

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