The Energy Intensity of Bitcoin

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Bikcoin is the most efficient ergy a user of any industrial application. If you put a billion dollars worth of energy into an air line, you probably get 500 million dollars of equity out. The only people that would think that it is not energy cent are people that don't understand it. It's basically the input to create a super conducting network where the friction drops by a factor of ten thousand.

Michael Saylor joins the podcast to discuss:

Bitcoin's killer app
Thoughts on Ethereum & ethics
Impact of inflation
Adding bitcoin into objects & magic cars
What would change his opinion on Bitcoin?
Advice on progressing in your career

For the full Saylor experience, watch on YouTube:

https://youtu.be/B1PI7BCjopk

Timestamps:

(00:00:00) Intro
(00:00:17) Michael Saylor went to MIT with Peter Diamandis
(00:01:47) Knowing Enough To Hurt Yourself
(00:05:36) Misunderstanding What Bitcoin Is + What Is Money?
(00:12:14) Bitcoin’s Killer App, iPhone Comparison & Layers of Bitcoin
(00:20:57) Magic car that drives itself & life insurance
(00:28:22) Stablecoins vs Bitcoin in the developing world
(00:36:01) Sri Lanka riots, inflation & how to crash an economy
(00:38:38) What would make Saylor change his opinion on Bitcoin?
(00:45:10) Talent working on Bitcoin vs ethereum and others
(00:50:34) Michael Saylor's take on Ethereum & its ethics
(00:55:34) “What's the yield schedule on staked ETH?…”
(00:57:42) Bilal challenges ETH POV & evolving technology
(01:08:43) Advice on starting your career in the modern world
(01:14:21) The theme & cure for everything
(01:18:00) Is Bitcoin stored or spent energy?
(01:23:07) Virtual vs Real Systems

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