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/GUESTMichael's twitter: https://twitter.com/saylorMichael's company: https://www.microstrategy.com/enMichael's website: https://www.hope.com/CHANNELPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:23 The Purpose of Currency00:06:54 Fiat Currency Applications00:10:03 Inflation is the Major Problem of Fiat00:13:00 Fiat Enables Government Confiscation00:14:27 The Conundrum of Money00:16:17 Fiat Hypothecation and Authentication00:20:22 Restrictions on Fiat Transfer Volume00:22:16 Impedances are Property Right Impairments00:23:09 Fiat Transportation, Credit, and Securities Risks00:24:56 The Base Layer of Fiat is Defective00:26:16 The Application Layer of Fiat is Random and Manual00:28:55 No Financial, Mathematical, or Moral Integrity00:30:35 The Two Fundamental Shortcomings of Fiat00:33:16 “High Frequency Final Settlement Creates Reality”00:35:29 The “Spacetime Constants” for Cryptoassets00:37:17 What Happens When You Triple Gravity…00:38:32 The Reynolds Number and Fluid Dynamics00:39:38 Bitcoin is the E=MC^2 of Money00:41:20 The Fundamental Basis of Integrity00:42:46 Constantly Changing Rules Create Insanity00:44:50 Bitcoin is a Digital Monetary Virus00:46:05 “The Living Truth Nebula”00:47:00 The Path to the Ideal Technology for Money00:47:51 Robert's OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass 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/3h3lL0jIBAC 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/

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related