Michael Saylor's Deep-Dive on Bitcoin Energy Misconceptions (BTC099)

▶️ RELATED EPISODES:

Preston Pysh interviews billionaire Michael Saylor about Bitcoin's energy use. Michael provides insights on why Bitcoin's energy consumption is "worth it", and why many people misunderstand its use.

IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:01:02 - Why does Michael believe that if the money isn't scarce, every desirable good on the planet will become scarce?
00:08:57 - What is irrational urgency and why does it exist with a fiat system?
00:19:21 - Is it possible to not inject energy into money and keep it sound?
00:30:33 - Why do so many people miscalculate how much energy Bitcoin will use in the future?
00:39:29 - Why is it so hard for people to wrap their head around Bitcoin mining in general?
00:45:10 - Is the environmental and energy issues currently playing out in the world connected to what Bitcoin is solving for?
01:01:35 - Where should we start when we think about the energy and environmental impact that's currently plaguing the world?
01:16:18 - Why is it important to keep the monetary constants unchanged?
01:32:14 - What is Bitcoin really solving for, versus every other crypto asset?
02:23:42 - Is Bitcoin the best ESG incentive in the world right now?
02:37:17 - Michael's overall thoughts on why Bitcoin is so important to get right.

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ABOUT OUR SHOW 🎙
On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.

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[cloudstrife]

3 hours of pure heaven. I can listen to Saylor talk forever

[jonp.]

Man Saylor is such a visionary. For sure one of the best things to happen to bitcoin for ngu as well as philosophical and engineering thought explorations.

[mkmstillstackin]

Fantastic, high IQ discussion, Preston and Michael! Worthy of a listen even more than once.

[DHUSMC]

This is Saylor at his absolute best. Saved for future reference.

[stereodachs]

So Great !!!! Michael is back on your show ! Thank you, Preston . I felt in love with M. Saylor over the last two years ! He is so rational, honest and he transformed into a real bitcoiner. He is the best 🧡🧡🧡

[nathanwallace]

Michael Saylor is so good at explaining bitcoin! Great podcast!

[waynerichardson]

Thanks Preston, thanks for everything you're doing mate! It's very much appreciated!! Cheers

[jeffstewart]

Michael Saylor for President. PLEASE.

[simonselkirk]

Michael Saylor talking to Preston Physh about Jeff Booth. And we’re only 15 mins in!! Mind. Blown. Thank you!!!!

[siantudor-jones]

I wish I could explain BTC to my mates like @Michael Saylor... pure brilliance.... love this man !

[tylerdurdenswallowedthered]

Every time I listen to PP and his guests, my brain grows. I could not be more grateful. thx PP

[NickNorton-xcvy]

CAN YOU ASSIST ME? I'M LOSING MONEY IN TRADING. HOW CAN I TURN A PROFIT?

[sharoffrownbeatz]

Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 3.2Biitcoin to a decent 16.4Biitcoin. At the heart of this evolution is Russell Greener, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment..

[joshpoland]

I'm going to have to listen to this episode over and over again. The amount of gems and wisdom in this episode is almost unparalleled. Saylor + Preston = You better pay fucking attention.

[Twinzpark]

Fantastic stuff! And may I say, Preston, you asked some very well thought through questions! Loved it 👌🏻

[pierrebitcan]

"A person without energy is a ghost." - Saylor always has the best metaphors.

[sthurmo]

My favorite, long-toothed, analogist and master of metaphor. BTC is king and Michael Saylor is its messenger.

[OtumbaCollins]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[ParisGavrielides]

Thanks! Your video calms me down everyday I watch it when the market is pumping! I'm going with your insights. It makes the most sense with where we are at in the cycle. The only thing that would make me think this cycle could be slightly different is the overall increased adoption of crypto since 2019 and all the hype with the BTC/ETH ETF speculation. Could the market stay held up this cycle by the anticipation of ETFs and the overall awareness that a bull run is coming? The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Elizabeth Rose trading tactics, amassing 23 bitcoins in a short four weeks period, which speaks volumes about his expertise...

[PriyankaGhosh-ojot]

Michael Saylor is so good at explaining bitcoin! Great podcast! Thanks for sharing us 😊