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The "What is Money?" Show
The Nature of Energy with Michael Saylor (WiM314)
May 17, 2023
02:38:36
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Quick takeaways
- Decentralization is crucial for mental, physical, and economic well-being, while centralization leads to instability and mental health issues.
- Concentrated power in banking, manufacturing, and government can result in corruption, imbalance, and infringement on individual rights.
- Advancements in technology have led to the centralization of power, which often results in corruption and erosion of constitutional rights.
- Big tech companies and central banks possess unparalleled power, impacting society and challenging stability and individual freedom.
- The future of warfare lies in cyberspace, where drones and cyber attacks pose significant threats that require decentralized and secure solutions like Bitcoin.
Deep dives
Decentralized power leads to a healthier society
A decentralized society with checks and balances and power distributed among 50 states is healthier mentally, physically, and economically. Decentralization leads to peace and productivity. However, centralized societies tend to be more powerful in warfare. They are physically unhealthy and economically unstable. They also impose mental health issues, forcing people into killing or being killed. The conundrum lies in the fact that power and energy are interconnected, and ignoring them can lead to unfavorable consequences.
Concentration of power in agriculture, manufacturing, banking, and government
Throughout history, power has been concentrated in various ways: agriculture, manufacturing, banking, and government. Concentrating power in these areas can lead to corruption and imbalance. Banking enables the monetary system to be influenced and exploited, while centralized government authority can impose regulations that weaken the economy and infringe on individual rights. Manufacturing, on the other hand, brings efficiency and abundance, but its concentration can create monopolies. Balancing power and preventing its concentration is crucial to maintaining a healthy and equitable society.
The progression of centralization and its consequences
From pre-revolutionary America to the present day, there has been a progression towards centralization of power. As technologies advanced, political organizations and institutions became more powerful, resulting in stronger governments and corporations. The arc of history shows a balance between advancements in generating and channeling energy, and the centralization of power. However, this centralization often leads to corruption, loss of individual freedoms, and the erosion of constitutional rights. The challenge lies in finding a balance between harnessing power and preventing the concentration of power.
Unprecedented power of modern entities and the source of instability
Modern entities, such as big tech companies and central banks, wield unprecedented power, including the ability to manipulate and influence billions of people. Their concentration of power in the hands of a few individuals raises concerns regarding unchecked control and suppression of information, as well as the devaluation of currencies. The immense power held by these entities has far-reaching impacts on society and poses challenges to maintaining stability, individual freedom, and a balanced power structure.
The Shift to Drone Warfare
The podcast episode discusses how warfare in the 21st century is increasingly being determined by drones in the air, on land, and in the water. With the advancement of technology, the speaker envisions the use of robot dogs equipped with guns and bombs. The scale of potential conflict becomes daunting when thousands of these robot dogs are mass-produced and deployed. The speaker highlights the need to adapt to this new form of warfare, where human involvement will be minimized and replaced by swarms of drones.
The Importance of Securing Cyberspace
The podcast emphasizes the critical need to secure cyberspace in the face of evolving warfare methods. It highlights the potential dangers of cyber attacks, such as the hijacking of systems, flood or jam frequencies, and the dissemination of false information to create societal divisions. Bitcoin is presented as a powerful tool in cybersecurity, offering a decentralized and transparent system that can provide cryptographic security. The podcast explores the concept of Bitcoin as a cyber defense system, protecting against attacks and enabling secure transactions and identities.
Bitcoin as a Digital Power Network
The podcast delves into the concept of Bitcoin as a digital power network, offering invincibility and immortality in the cyber realm. It emphasizes Bitcoin's security through its immense hash power and energy consumption, making it highly resilient to attacks. The episode highlights the limitations of commodity money, energy, and compute power in attacking the Bitcoin network. Bitcoin's proof of work consensus algorithm is lauded for ensuring the network's security and integrity, making it an unparalleled system for defending cyberspace.
The Importance of Decentralization and Cybersecurity
The podcast episode emphasizes the significance of decentralization and cybersecurity in the modern world. It highlights Bitcoin as an example of a stable cyber network that defends against digital threats. The episode argues that many conventional cyber systems are toxic, fragile, and underprepared for attacks. It suggests that the future of various facets of human life, including warfare, banking, communication, and trade, will be determined by cyberspace. It cautions that corporations and nation-states need to strengthen their cyber defenses and embrace decentralized solutions to avoid vulnerability and dysfunction.
Bitcoin's Role in Securing Cyberspace
The podcast episode explores Bitcoin's potential to serve as a powerful tool in securing cyberspace. It presents Bitcoin as a well-thought-out cybersecurity network that offers solutions beyond just being a monetary network. The episode discusses how Bitcoin can enable digital signatures, authentication, verification, and document sealing. It argues that the current systems for authentication and verification are corrupt and ineffective, and Bitcoin's open protocol can provide a more trustworthy and efficient alternative. Additionally, the episode suggests that Bitcoin's immutability and indestructibility make it an ideal foundation for cyberspace, offering resilience, truth, and integrity in commercial and political spheres.
In this episode, Michael Saylor joins me to discuss the nature of energy, the history of human power projection, the source of anxiety in today's world, and the necessity for Bitcoin adoption in cyberspace.
Michael Saylor is an American entrepreneur, executive, inventor, author, and philanthropist.
// GUEST //
Twitter: https://twitter.com/saylor
Website: https://hope.com/
Free Education: https://www.saylor.org/
// SPONSORS //
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// OUTLINE //
00:00:00 - Coming up
00:01:24 - Intro
00:02:57 - Helping Lightning Startups with In Wolf's Clothing
00:03:44 - Introducing Michael Saylor
00:04:14 - What is the Nature of Energy?
00:08:53 - The Universal Source of Life
00:09:44 - Energy in the World of Engineering
00:14:24 - How Humans have been Projecting Power Throughout History
00:21:32 - Bitcoin Mining is Digital Power
00:22:59 - How to Generate 200 Mega Watts of Power Continuously
00:25:45 - The Most Powerful are the Most Energy Efficient
00:29:52 - Channeling the Energy Prior to the Revolutionary War
00:32:24 - The Importance of Nutritional Energy
00:36:14 - The Low Energy Culture vs. the High Energy Culture
00:38:27 - Manufacturing as a Way to Channel the Energy
00:39:09 - The Concentration of Power in Banking
00:42:05 - Constructing Centralized Political Authority
00:46:02 - "You May Not Be Interested in War, but the War is Interested in You"
00:47:26 - The Conundrum of Decentralized Vs. Centralized Societies
00:49:47 - Maximize Your Profits with Gold Investment Letter
00:50:43 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
00:51:41 - Take Control of Your Healthcare with CrowdHealth
00:52:42 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:53:34 - The Vectors of Vice
00:56:10 - The Monopoly on Bread, Hats, and the Hudson River
00:59:56 - The Tax on the Free Market
01:02:44- The Pendulum Swings of Power
01:07:20 - The Source of Anxiety and Instability in Today's World
01:10:07 - The Shift of Power during the 20th Century
01:11:49 - What Will Determine the Wars in the 21st Century
01:15:07 - The Swarm of Bionic Hornets
01:17:32 - What Could Change the Eternal Fight over Property?
01:18:50 - The Never-Ending Struggle
01:20:30 - The Swarm Cybernetic Warfare
01:23:06 - Who Controls Cyberspace?
01:24:35 - The Problem with Filtering Out the Truth
01:30:31 - How to Secure Cyberspace
01:32:26 - The Problem with Nostr
01:33:53 - The Orange Check
01:36:14 - The Fragility of the Current Cyberspace Verification Tools
01:39:35 - The Need for Real-World Consequences in Cyberspace
01:40:35 - The Most Powerful Cybernetwork
01:41:06 - What to Put Behind the Wall of Encrypted Energy
01:43:09 - The Anti-Counterfeit Technology
01:43:58 - The Infiltration of Cybersecurity Systems
01:45:12 - Who's Securing the Security Update?
01:47:28 - The Necessity for Bitcoin Adoption in the Cyberspace
01:51:57 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS
01:52:52 - Hold Bitcoin in the Most Secure Custody Model with Casa
01:53:40 - Will the Nation States Adopt Bitcoin?
01:54:21 - It Takes a While for the Military to Modernize
01:59:29 - The Need for an Open Standard of Digital Authentication
02:05:19 - Bitcoin is a Cyber Defense System
02:07:21 - The Superhero Theory
02:08:36 - The Biggest Strategic Advantage of the U.S.
02:10:10 - An Autoimmune Disease in the Cyberspace
02:10:56 - The Only Successful Cyber Security System
02:11:31 - You Don't Want a Cyber System Based Upon Human Virtue
02:15:49 - What it Takes to Attack Bitcoin
02:18:08 - Why Proof of Stake Doesn't Work
02:18:56 - "There is Only One Way to Play the Game"
02:21:57 - How the U.S. Could Make 100 Billion Dollars Overnight
02:24:00 - "If You Don't Have Power, There is No Hope for You"
02:25:58 - Bitcoin Solved the Problem of Truth and Integrity
02:27:24 - Are Ordinals Good or Bad for Bitcoin?
02:29:13 - The Public Key Cryptography in The Ancient World
02:31:52 - The World Needs Bitcoin
02:36:37 - Where to Find Saylor's Work
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast...
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// SUPPORT THIS CHANNEL //
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The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101
// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
// SOCIAL //
Breedlove Twitter: https://twitter.com/Breedlove22
WiM? Twitter: https://twitter.com/WhatisMoneyShow
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