• Michael Saylor claims Bitcoin is protected by the First Amendment as a form of free speech.

  • Ripple CTO argues Bitcoin’s functional aspects can still be regulated.

  • The debate highlights ongoing tensions regarding the legal status and regulation of Bitcoin.

A hot topic brewing among crypto leaders like Ripple’s CTO and MicroStrategy’s chairman is whether the First Amendment of the U.S. Constitution protects Bitcoin. The debate centers on whether Bitcoin, as open-source software and a decentralized financial tool, constitutes a form of free speech.

Michael Saylor, Chairman of MicroStrategy, led the argument that Bitcoin is a form of speech and deserves protection from government regulation.

#Bitcoin is speech and therefore protected by the First Amendment.https://t.co/w7PmkpDjbE

— Michael Saylor⚡ (@saylor) September 25, 2024

The argument was based on the idea that Bitcoin operates through code, which the courts have recognized as a form of speech. Regulating or banning Bitcoin would be a violation of the right to free speech. However, not everyone agrees with this view.

Ripple CTO’s Challenge to the Claim

Community figure Khaled Elawadi respond…

The post Is Bitcoin Code Actually Free Speech? Crypto Leaders Can’t Agree appeared first on Coin Edition.

#BTC #XRP