The "What is Money?" Show

chevron_right

WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life

whatshot 14 snips

Sep 28, 2021

01:32:28

forum

Ask episode

web_stories

AI Snips

view_agenda

Chapters

auto_awesome

Transcript

info_circle

Episode notes

insights

INSIGHT

Apex Property: Bitcoin

Bitcoin represents apex property rights, offering superior financial security.
It's the only property you can truly take with you to the grave.

insights

INSIGHT

Bitcoin's Game Theory

Physical property incentivizes violence, while Bitcoin promotes peaceful resolution.
Bitcoin's game theory discourages violence as attackers risk getting nothing.

insights

INSIGHT

Bitcoin: A Cyberspace Bank

Bitcoin acts as a bank in cyberspace, collapsing the need for traditional fiat banks.
This releases energy and resources back into the economy.

Get the Snipd Podcast app to discover more snips from this episode

Bit Coin - The Gold Standard of Business Operations

02:35 • 6min

chevron_right

Having a Human Resources Department in a Bank

08:14 • 6min

chevron_right

Bicoin - The Apex Property Ands

13:56 • 5min

chevron_right

The Game Theory Predicts a Violent Resolution

18:36 • 4min

chevron_right

The Value of Bicoin in the Digital Age

Bit Coin, Digital Property, Isn't Spots of War

30:56 • 2min

chevron_right

The Bicoin Model and Proof of Work

33:19 • 5min

chevron_right

The Negative Feedback of Bit Coin

38:21 • 5min

chevron_right

Bicoin's Proof of Work Network

42:54 • 3min

chevron_right

How Do You Find Longitue on the Ocean?

45:24 • 3min

chevron_right

Are You a Zoo Creature?

48:16 • 4min

chevron_right

Is Bitcoin a Proof of Work?

52:15 • 3min

chevron_right

Proof of Work Is a New Modality of Human Organization

54:54 • 2min

chevron_right

The Economization of Human Resources Through Digital Technology

56:53 • 5min

chevron_right

Bit Coin Security Model

01:02:15 • 3min

chevron_right

The Decentralization of Bitcoins Enables Deep Specialization and Network Security

01:04:53 • 5min

chevron_right

Bicoin - The Biggest Coin

01:09:51 • 5min

chevron_right

Work Is So Fundamental to Life

01:15:18 • 2min

chevron_right

Bit Coin Is a Microcosm of Capitalism

01:17:47 • 3min

chevron_right

Is Fiat a Distortion of the Adaptive Mechanism of Capitalism?

01:20:29 • 5min

chevron_right

The Nature of Work, or Darwinian Reality A

01:25:20 • 5min

chevron_right

Bitcoin Is a Preditor on Fiat Currency, Right?

01:30:29 • 2min

chevron_right

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/

GUEST
Michael's twitter: https://twitter.com/saylor
Michael's company: https://www.microstrategy.com/en
Michael's website: https://www.hope.com/

CHANNEL
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:05 NYDIG
00:01:23 Analog vs. Digital Monetary System
00:03:21 Dematerializing Accountants and Auditors
00:05:13 Dematerializing the Compliance Function
00:07:46 Dematerializing Information Technology
00:08:25 Dematerializing Human Resources
00:10:15 Dematerializing Security and Facilities
00:13:56 Bitcoin is Apex Property: Self-Security and Non-Locality
00:16:09 The Game Theory of Stealing Bitcoin
00:17:26 “Property that Encourages Peaceful Resolution”
00:19:07 Physical Property Invites Violence
00:22:13 The Game Theory of Bitcoin makes it Anti-Violence
00:22:56 Bitcoin Dematerializes Bank and Government Functions
00:24:36 Dematerializing Police and Military
00:25:48 Bitcoin as a Multinational Money Network
00:27:29 Settling Geopolitical Disputes Without War
00:29:11 The Economic Crystallization of Consensus on Property
00:32:33 Bitcoin as “The Spoils of Peace”
00:34:08 The Proof of Work Model
00:36:22 Bitcoin is a Microcosm of Capitalism
00:39:20 Bitcoin as a First-Order Negative Feedback Loop
00:40:53 Capitalism is Based on Nature
00:42:46 Bitcoin Outcompetes Due to its Adaptivity
00:45:06 Bitcoin: A Self-Correcting Adaptive Control System
00:48:41 Nature is Thermodynamically Conservative, Fiat is Not
00:52:16 “Bitcoin is Cybernetic Life” that Cannot be Caged
00:55:24 Robert’s Outro

SOCIAL
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
LinkedIn: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22?lang=en
All My Current Work: https://linktr.ee/breedlove22

WRITTEN WORK
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/

WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
Sats via Tippin.me: https://tippin.me/@Breedlove22
Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true

RECOMMENDED BUSINESSES
Worldclass 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/3h3lL0j
IBAC 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/

Home Top podcasts Popular guests