WiM007 - The Saylor Series | Episode 7 | The Virtues of Strong Money

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 00:05:42 - Bitcoin like a cruise missile 00:06:07 - Holding high ground behind a wall of encrypted energy 00:06:27 - Crypto Bank is strongest, fastest, smartest financial entity in the world 00:08:07 - Impact of 24/7 Operations ( 35 hours to 168 hours per week) Highest bandwidth of any asset. The Apex Asset. 00:08:47 - Dangers of fighting the Cyber Swarm 00:10:03 - Strength of the Highest Common Denominator 00:10:32 - Virtues of Hodling & Benefits of Joining the Network 00:12:27 - Inverting the asymmetry from fragility to vitality 00:12:43 - Herd immunity 00:13:08 - The Parable of the Lazy Lions 00:13:46 - Destroying Crypto Networks by hobbling transaction fees 00:14:47 - Dangers of Socialism in Competition for Capital & Products 00:16:33 - Interest rates & thermodynamics 00:17:43 - Insanity of negative interest 00:19:23 - Bitcoin as auto-immune response to global crisis 00:21:45 - Inevitable technology driven by toxic inflation 00:22:47 - Impact of Pandemic Crisis & Acceleration 00:23:36 - The Currency War 00:25:01 - Bitcoin as a Store of Value 00:25:36 - $250 Trillion in Bonds, Equity, Metals, Property 00:26:03 - Challenges to Storing Value in Real Estate 00:26:47 - Challenges to Storing Value in Bonds 00:27:58 - Challenges to Storing Value in Equity 00:30:25 - Bitcoin vs. Equity Analogy to Plankton as the Base Layer of Ecosystem 00:32:48 - Virtues of Simplicity 00:34:48 - Proper mission of a company 00:35:48 - Preserving energy for a century 00:36:15 - Via Negativa & Ideal Design 00:37:46 - Success without Transactions 00:39:12 - Intelligence built into Google 00:40:34 - Impact of a century on stores of value 00:42:20 - Crypto POW is the ideal theoretical solution 00:42:58 - Criticality of the Maximalists & Religious Conviction 00:44:29 - Institutional Longevity 00:45:46 - Keepers of the Flame – Altars & Chapels in Bitcoin 00:46:53 - Strength of Gods in Fantasy Genre 00:47:39 - Feeding the Fire of Crypto Network (Miners & Nodes) 00:48:47 - Challenges of Novel Crypto Networks & Altcoins 00:49:24 - Values of Maximalists 00:50:53 - Crypto Networks – A path to immortality Bitcoin - “The pursuit of immortal life” 00:51:11 - Projecting values thru time 00:53:03 - Bitcoin as a Higher Truth 00:53:58 - A religion for those that worship the laws of science & math 00:54:09 - The moral & intellectual hazards of short time horizons 00:55:47 - Virtues of taking the Long View 00:56:48 - What is required to store value 100 years? 1000 years? 00:57:21 - Economics as a Science 00:58:03 - Importance of Isaac Newton 00:58:19 - Robert's Outro 01:31:27 - End -- See My Work: https://linktr.ee/breedlove22 Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Stack sats: https://www.swanbitcoin.com/breedlove/ Twitter: https://twitter.com/Breedlove22