How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

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. Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Michael's twitter: https://twitter.com/saylor Michael's company: https://www.microstrategy.com/en Michael's website: https://www.hope.com/ CHANNEL Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/25LPvm8... RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:08 Bitcoin Technical Applications: Treasury Management 00:03:40 “When the Ducks Are Quacking, Feed the Ducks” 00:06:12 Bitcoin as the Base Property Protocol 00:08:30 “Currency is an Application of Money” 00:10:26 Bitcoin Enables Universally Accessible Application Development 00:11:33 How Some Governments Can Use Bitcoin to Eliminate Taxation 00:13:13 How an Energy Company Can Play the Bitcoin Mining Game 00:15:17 The Hierarchical Nature of Wealth 00:16:30 How an Insurance Company Can Integrate with Bitcoin 00:19:03 How to “Juice” Bond Fund Returns by Blending with Bitcoin 00:21:32 How Bitcoin Can Augment Traditional Financial Structured Products 00:23:33 How Bitcoin Can Enhance Trusts and Endowments 00:25:32 “$100T of Bonds and Fixed-Income Assets are Broken” 00:26:36 Why Bitcoin Can Never be Overvalued 00:27:45 The Hardware Applications of Bitcoin 00:29:37 How Operating Systems Can Integrate with Bitcoin 00:30:58 NYDIG 00:32:06 How Cloud-Based Applications Can Integrate with Bitcoin 00:33:36 Adding Social Network User “Skin in the Game” with Bitcoin 00:36:59 Incentivizing Digital Civility with Bitcoin Security Deposits 00:39:21 Zero-Cost Spamming Leads to DDOS Attacks Ad Infinitum 00:41:15 Proof of Work Originated as an Countermeasure to Spam 00:45:44 How Bitcoin Can Change Entertainment, News, and Service Sectors 00:50:24 How Bitcoin Impacts the Legacy Credit Card Networks 00:54:08 Robert's Outro SOCIAL Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22?l... All My Current Work: https://linktr.ee/breedlove22​ WRITTEN WORK Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBree... Dollars via Venmo: https://venmo.com/code?user_id=178435... The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=328431... RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: https://nydig.com/ Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinco... Put your Bitcoin to work. Earn up to 12% interest back on Bitcoin with Tantra: https://bit.ly/3h3lL0j IBAC assists central banks and sovereign wealth funds succeed in their digital asset investments: https://www.ibac.io/ Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/