BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)
IN THIS EPISODE, YOU’LL LEARN:
- 01:48 - Why does Michael believe that if the money isn't scarce, every desirable good on the planet will become scarce?
- 09:25 - What is irrational urgency and why does it exist with a fiat system?
- 21:07 - Is it possible to not inject energy into money and keep it sound?
- 30:41 - Why do so many people miscalculate how much energy Bitcoin will use in the future?
- 38:19 - Why is it so hard for people to wrap their head around Bitcoin mining in general?
- 44:53 - Is the environmental and energy issues currently playing out in the world connected to what Bitcoin is solving for?
- 58:51 - Where should we start when we think about the energy and environmental impact that's currently plaguing the world?
- 01:13:36 - Why is it important to keep the monetary constants unchanged?
- 01:26:42 - What is Bitcoin really solving for, versus every other crypto asset?
- 02:14:40 - Is Bitcoin the best ESG incentive in the world right now?
- 02:27:47 - Michael's overall thoughts on why Bitcoin is so important to get right.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- The 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.
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