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 RESOURCESThe 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.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! 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by We Study Billionaires - The Investor’s Podcast Network