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

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

FromThe "What is Money?" Show


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

FromThe "What is Money?" Show

ratings:
Length:
92 minutes
Released:
Dec 30, 2020
Format:
Podcast episode

Description

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 Trailer00:01:06 - Swan Bitcoin00:05:42 - Bitcoin like a cruise missile00:06:07 - Holding high ground behind a wall of encrypted energy00:06:27 - Crypto Bank is strongest, fastest, smartest financial entity in the world00:08:07 - 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 Swarm00:10:03 - Strength of the Highest Common Denominator00:10:32 - Virtues of Hodling & Benefits of Joining the Network00:12:27 - Inverting the asymmetry from fragility to vitality00:12:43 - Herd immunity00:13:08 - The Parable of the Lazy Lions00:13:46 - Destroying Crypto Networks by hobbling transaction fees00:14:47 - Dangers of Socialism in Competition for Capital & Products00:16:33 - Interest rates & thermodynamics00:17:43 - Insanity of negative interest00:19:23 - Bitcoin as auto-immune response to global crisis00:21:45 - Inevitable technology driven by toxic inflation00:22:47 - Impact of Pandemic Crisis & Acceleration00:23:36 - The Currency War00:25:01 - Bitcoin as a Store of Value00:25:36 - $250 Trillion in Bonds, Equity, Metals, Property00:26:03 - Challenges to Storing Value in Real Estate00:26:47 - Challenges to Storing Value in Bonds00:27:58 - Challenges to Storing Value in Equity00:30:25 - Bitcoin vs. EquityAnalogy to Plankton as the Base Layer of Ecosystem00:32:48 - Virtues of Simplicity00:34:48 - Proper mission of a company00:35:48 - Preserving energy for a century00:36:15 - Via Negativa & Ideal Design00:37:46 - Success without Transactions00:39:12 - Intelligence built into Google00:40:34 - Impact of a century on stores of value00:42:20 - Crypto POW is the ideal theoretical solution00:42:58 - Criticality of the Maximalists & Religious Conviction00:44:29 - Institutional Longevity00:45:46 - Keepers of the Flame – Altars & Chapels in Bitcoin00:46:53 - Strength of Gods in Fantasy Genre00:47:39 - Feeding the Fire of Crypto Network (Miners & Nodes)00:48:47 - Challenges of Novel Crypto Networks & Altcoins00:49:24 - Values of Maximalists00:50:53 - Crypto Networks – A path to immortalityBitcoin - “The pursuit of immortal life”00:51:11 - Projecting values thru time00:53:03 - Bitcoin as a Higher Truth00:53:58 - A religion for those that worship the laws of science & math00:54:09 - The moral & intellectual hazards of short time horizons00:55:47 - Virtues of taking the Long View00:56:48 - What is required to store value 100 years? 1000 years?00:57:21 - Economics as a Science00:58:03 - Importance of Isaac Newton00:58:19 - Robert's Outro01:31:27 - End--See My Work: https://linktr.ee/breedlove22Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Stack sats: https://www.swanbitcoin.com/breedlove/Twitter: https://twitter.com/Breedlove22
Released:
Dec 30, 2020
Format:
Podcast episode

Titles in the series (100)

"What is Money?" is the rabbit that leads us down the proverbial rabbit hole. It is the most important question for finding truth in the world. In this podcast, we will pursue this "rabbit" by engaging in a diversity of deep conversations with deep thinkers from different walks of life.