IN THIS EPISODE, YOU’LL LEARN:Why does Michael believe that if the money isn't scarce, every desirable good on the planet will become scarce?What is irrational urgency and why does it exist with a fiat system?Is it possible to not inject energy into money and keep it sound?Why do so many people miscalculate how much energy Bitcoin will use in the future?Why is it so hard for people to wrap their head around Bitcoin mining in general?Is the environmental and energy issues currently playing out in the world connected to what Bitcoin is solving for?Where should we start when we think about the energy and environmental impact that's currently plaguing the world?Why is it important to keep the monetary constants unchanged?What is Bitcoin really solving for, versus every other crypto asset?Is Bitcoin the best ESG incentive in the world right now?Michael's overall thoughts on why Bitcoin is so important to get right.BOOKS AND RESOURCESThe article from Baseload BTC: Green-Shaming No More.Michael's Twitter.Michael's resources on Bitcoin: Hope.com.Related Episode: Proof of Stake (PoS) Versus Proof of Work (PoW) w/ Jason Lowery - BTC098.Related Episode: Masterclass In Economic Calculation w/ Michael Saylor - BTC005.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSTake a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with Square.Launch your thing into the spotlight and start selling anywhere with Shopify.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Throw out the old traditions and get progressive. Discover the complete package - smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax’s Gold Investor Kit today - 3 ounces of the world’s most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.Whether you’re exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies- Invesco has over 200 ETFs to help you meet your financial goals. Visit invesco.com for a prospectus with this information.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Start building a portfolio of alternative farm and timberland assets with AcreTrader.Confidently take control of your online world without worrying about viruses, phishing