WiM005 - The Saylor Series | Episode 5 | Channeling Monetary Energy Across Time and Space
Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin. 00:00:00 - Episode Trailer 00:01:06 - Swan Bitcoin 00:03:23 - Robert's Intro 00:06:08 - Channeling Monetary Energy thru Time & Space 00:09:08 - Shipping Energy via Rubber Raft vs. Wooden Ship vs. Steel Tanker 00:11:34 - Vacuum sealing food energy & encrypting monetary energy 00:13:01 - Creating a wall encrypted energy 00:14:07 - “Money is Power” Monetary Energy is a highest form of power. How much power can flow into Bitcoin? Price is Voltage. 00:16:12 - Thoughts on S2F model. 00:17:12 - Bitcoin Power= function of Adoption, Utility, Productivity, & Inflation 00:17:48 - Adoption -Measuring & defining (Hodlers, Treasury Reserves) Mercenary Traders vs. Citizen Owners – Degree of Commitment 00:24:39 - Bitcoin is a closed thermodynamic system 00:26:02 - Degrees of Commitment to Adoption of Bitcoin (True Adoption Rate) 00:26:49 - Perils of leveraging with insurance vs. BTC treasury reserves 00:39:54 - Perils of leveraging with debt vs. BTC treasury reserves 00:33:59 - Inflation drives debt drives fragility 00:35:04 - Currency wars make cash toxic -inflation vs. hyperinflation (chemotherapy, diabetes, metabolic disease, organ death) 00:39:03 - Calculating overall adoption of monetary network & progression 00:41:54 - Comparison to (and limits of) Facebook, Apple networks 00:43:49 - Adoption by NGOs, Governments, Institutions, Investors, Companies 00:45:39 - Teamwork, Syndicated Energy, & Historic Examples 00:46:49 - Bitcoin adoption organizes & channels energy participants 00:47:55 - Perils of Trading Bitcoin & Benefits of Hodling Bitcoin High Frequency SoV, Low Frequency MoE 00:59:49 - “Nothing wrong with living forever” 00:51:49 - Benefits of Never Selling an Asset & Using it for Debt 00:55:04 - The ideal holding period of an asset is forever 00:55:59 - Avoiding fragility from leverage, risk models 01:01:59 - Impact of Interest Rates on Financing 01:02:19 - Increasing the Utility of the Bitcoin Network 01:06:13 - Impact of Productivity Growth on the Bitcoin Network Sweeping cash flows into the network 01:09:17 - Creating the first cyber economy via Bitcoin 01:10:34 - Comparison to American economy 01:12:49 - “A swarm of military assets behind a wall of water” 01:14:39 - Crucibles of Innovation require an Insulator to preserve Energy 01:15:20 - Impact of Inflation on Power of the Bitcoin Network Translating energy into fiat frame of reference 01:18:31 - Value of Bitcoin varies by Domain, Inflation Rate drive rate of Adoption 01:19:49 - Final Thoughts of Bitcoin Network Power Equation & Adoption 01:23:04 - Bitcoin is the first conservative monetary energy system Energy is truth…can be neither created nor destroyed 01:24:09 - Final Thoughts on Bitcoin Energy is the ultimate scarce asset in the university Laws of Thermodynamics. You can’t cheat. There is no such thing as a free lunch. Newtons Laws are the basis of all mechanics. Bitcoin is the first time Technology crashed into Economics 01:30:14 - Robert's Outro 02:10:27 - End -- See My Work: https://linktr.ee/breedlove22 Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Stack sats: https://www.swanbitcoin.com/breedlove/ Twitter: https://twitter.com/Breedlove22
From "The "What is Money?" Show"
Comments
Add comment Feedback