WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life

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/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:23 Analog vs. Digital Monetary System 00:03:21 Dematerializing Accountants and Auditors 00:05:13 Dematerializing the Compliance Function 00:07:46 Dematerializing Information Technology 00:08:25 Dematerializing Human Resources 00:10:15 Dematerializing Security and Facilities 00:13:56 Bitcoin is Apex Property: Self-Security and Non-Locality 00:16:09 The Game Theory of Stealing Bitcoin 00:17:26 “Property that Encourages Peaceful Resolution” 00:19:07 Physical Property Invites Violence 00:22:13 The Game Theory of Bitcoin makes it Anti-Violence 00:22:56 Bitcoin Dematerializes Bank and Government Functions 00:24:36 Dematerializing Police and Military 00:25:48 Bitcoin as a Multinational Money Network 00:27:29 Settling Geopolitical Disputes Without War 00:29:11 The Economic Crystallization of Consensus on Property 00:32:33 Bitcoin as “The Spoils of Peace” 00:34:08 The Proof of Work Model 00:36:22 Bitcoin is a Microcosm of Capitalism 00:39:20 Bitcoin as a First-Order Negative Feedback Loop 00:40:53 Capitalism is Based on Nature 00:42:46 Bitcoin Outcompetes Due to its Adaptivity 00:45:06 Bitcoin: A Self-Correcting Adaptive Control System 00:48:41 Nature is Thermodynamically Conservative, Fiat is Not 00:52:16 “Bitcoin is Cybernetic Life” that Cannot be Caged 00:55:24 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?lang=en 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/RBreedlove Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true 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/