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/michael_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...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:25 The Fourth Layer: Financial00:04:16 Bitcoin Mining’s Capital Intensity Recruits Large Investors00:08:04 The Fifth Layer: The Mining Network00:10:01 Bitcoin Miners as an Early Warning System00:11:35 Bitcoin Miners as “Motors of Sovereignty”00:12:55 The First Five Layers: Inertia, Antifragility, and Capital Attraction00:15:00 “Bitcoin is a Swarm Creature”00:16:43 Proof of Work as a Thermodynamic Bridge Between Worlds00:18:54 The Sixth Layer: Spatial00:20:38 Proof of Work as a Self-Distributing Security Model00:21:28 Proof of Work Self-Decentralizes Away from Attack Vectors00:23:26 The Seventh Layer: Temporal00:24:59 Bitcoin’s Spacetime Parameters: “You Only Get to Play God Once”00:26:29 What Happens if you Change Gravity?00:29:29 “Bitcoin is Like the Granite Underlying Manhattan”00:31:06 The Universal Consequences of Spacetime Constants00:33:17 “A Shockwave is When You Attack the Air Faster than it Moves”00:35:05 “Foolish to Risk the Immortality of Bitcoin for Bigger Blocks”00:36:40 Proof of Stake: A Closed, Controlled, Non-Darwinian System00:39:50 There Are No Successful Proof of Stake Networks00:42:11 Central Banks as Proof of Stake Networks00:44:52 Bitcoin is Both Digital Money and Digital Property00:45:42 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?l...All My Current Work: https://linktr.ee/breedlove22​WRITTEN 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/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 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/