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.

💡 OTHER RESOURCES

• The article from Baseload BTC, ‘Green-Shaming No More’: https://bit.ly/3TbsmGD
• Connect with Michael: https://twitter.com/saylor
• Michael's resources on Bitcoin: Hope.com: https://www.hope.com/

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.