Michael Saylor's Deep-Dive on Bitcoin Energy Misconceptions (BTC099)

[@cloudstrife543]

3 hours of pure heaven. I can listen to Saylor talk forever

[@roberthodgson3574]

Forever Laura.

[@smokeyxxl]

@@roberthodgson3574 😂

[@drxkalishnakov2464]

I bet you one of those people that listen to sermons for fun

[@XSTACI]

I love listening to saylor 💕💕🙌👏

[@DanaJumper]

... Lol, and he can talk forever!

[@mkmstillstackin]

Fantastic, high IQ discussion, Preston and Michael! Worthy of a listen even more than once.

[@worldfun0909]

Try once a week

[@waynerichardson1051]

Thanks Preston, thanks for everything you're doing mate! It's very much appreciated!! Cheers

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@stereodachs]

So Great !!!! Michael is back on your show ! Thank you, Preston . I felt in love with M. Saylor over the last two years ! He is so rational, honest and he transformed into a real bitcoiner. He is the best 🧡🧡🧡

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@Twinzpark]

Fantastic stuff! And may I say, Preston, you asked some very well thought through questions! Loved it 👌🏻

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@simonselkirk4297]

Michael Saylor talking to Preston Physh about Jeff Booth. And we’re only 15 mins in!! Mind. Blown. Thank you!!!!

[@siantudor-jones3438]

I wish I could explain BTC to my mates like @Michael Saylor... pure brilliance.... love this man !

[@DH03USMC]

This is Saylor at his absolute best. Saved for future reference.

[@tylerdurdenswallowedthered8142]

Every time I listen to PP and his guests, my brain grows. I could not be more grateful. thx PP

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@nathanwallace4647]

Michael Saylor is so good at explaining bitcoin! Great podcast!

[@cameronaarninkhof7116]

It isn’t hard, the white paper is 9 pages, of which 4 are not required by the average human.

[@jonp.1084]

Man Saylor is such a visionary. For sure one of the best things to happen to bitcoin for ngu as well as philosophical and engineering thought explorations.

[@drxkalishnakov2464]

Lol a guy running a bankrupt software company is a visionary for engineering thought. Can't agree more

[@mh0072]

@@drxkalishnakov2464 bankrupt software company?! Lol. You sound like an eth developer hahah

[@drxkalishnakov2464]

@@mh0072 MSTR's earnings are nowhere near enough to even cover their interest obligations, that sounds bankrupt to me. What do you consider bankrupt?

[@copycatt2579]

@@drxkalishnakov2464you are being disingenuous because you aren’t not taking into account their pivot in strategy. They aren’t just a software company anymore so you cant factor in interest on their bitcoin.

[@DanBreit-g1t]

THIS is one of those episodes so good, that I have to play it twice and take notes...

[@pierrebitcan]

"A person without energy is a ghost." - Saylor always has the best metaphors.

[@Billygoat1022]

Wow! Thanks so much for the Phd level interview here. For some reason I've never seen this but so glad I found it. Thank you Preston. Keep 'em coming.

[@marcbriggs4449]

FANTASTIC conversation from the very first minutes! I'm diving in to this convo immediately. Can't believe I get to listen to it for free! Thank you Michael and Preston!

[@russbilderback]

Thank you Preston and Michael. I want an alarm clock where when it goes off it's just Michael rattling off analogies and metaphors.

[@AaronRogers166]

Thank you for your Educative videos .. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 31btc from day trading with Harry’s Dent, insights and signals. in less than 2 months, this is one of the best medium to backup your assets incase it goes bearish...

[@AaronRogers166]

@HarrysDent…

[@Mrmike-g7p]

I read about him. too on website . That is how I get connected to him. Thanks for putting this down here

[@RobertBlankenship415]

Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

[@BrentPBurgos]

What I appreciate about Harry’s Dent . is his ability to tailor strategies to individual needs. he recognizes that each investor has unique goals and risk tolerances, and he adapts his advice accordingly.

[@ConnieDPerera]

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

[@bitkillerjones.]

Fantastic last couple of episodes. You are crushing it Preston!

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@sthurmo]

My favorite, long-toothed, analogist and master of metaphor. BTC is king and Michael Saylor is its messenger.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@PriyankaGhosh-oj5ot]

Michael Saylor is so good at explaining bitcoin! Great podcast! Thanks for sharing us 😊

[@joshpoland6225]

I'm going to have to listen to this episode over and over again. The amount of gems and wisdom in this episode is almost unparalleled. Saylor + Preston = You better pay fucking attention.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@MH-xq3bo]

This is brilliant! Thank you Michael and Preston. So much to take in

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@stevem5580]

A illustrative video of the $500T is needed for the masse. explaining how any system that loses so much energy is not sound and taking this illustration down to the individual and how they are impacted. So appreciative of your time and errors Michael and Preston!

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@jeffstewart3170]

Michael Saylor for President. PLEASE.

[@NickNorton-xc2vy]

CAN YOU ASSIST ME? I'M LOSING MONEY IN TRADING. HOW CAN I TURN A PROFIT?

[@CrossDame]

Achieving profitability in crypto and forex investments demands extensive reading and expertise in market analysis, coupled with mastering the psychology of market management.

[@JasonAnton-tj8jx]

I used to face ongoing losses in my account until I crossed paths with Hailey Gassmann, a reliable expert. Now, she oversees my portfolio and ensures I receive steady weekly profits.

[@GeorgePeev-ld7xi]

It's wonderful to spot Hailey's name right here. She's the same person I watched on TV. I invested with her, and her expertise has kept my profits consistent.

[@DianaKrichely]

I saw testimonies about her but I was skeptical about it but I decided to give her a head start. She' indeed the answer to my secret prayers. My profit is sure every week. Bye to losses lol

[@TerryHemsworth]

I know Hailey pretty well. I noticed her name being discussed on CNBC. Her exceptional market analysis skills set her apart from other brokers. I truly appreciate her influence in the crypto realm, and I'm committed to staying by her side

[@davidthompson8364]

Brilliant and importand discussion about the future of humanity. Yes, it's that important. Thanks.

[@katerinao9532]

What an excellent interview . Thanks for that

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@SeedyRecords]

Great episode, feels kind of strange being on par with what Saylor says before he says it. In respect to the new sincerity in a post modern culture and more specifically in defense of bitcoin and the energy fud.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@chrispmar]

Brilliant. Thank you both. I learned so much.

To listen to several times ... Thank you for so much information and popularization.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@ouraniac]

I can honestly vouch for DD, he has been honest and realistic. Despite not been on You Tube as he has been focusing on his personal projects and helping those in need, he has consistently shared over 2000 posts since entering the bear market. His dedication keeping his Patreon group informed while working on his projects demonstrates his commitment and transparency. Thank you DD you are loved and appreciated. ❤

[@F3YAW]

This is the type of intellectual integrity we desperately need in leadership.

[@9trogenta13]

We need an update of 10 hours of Michael Saylor speaking under the rainstorm.

[@bitcoinpoemspro1406]

Thanks, great stuff. I’m becoming more of a bitcoin maximalist with each month as I learn and truly understand what it is

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@steveparis]

Can’t wait to check this out. Saylor is the best.

[@stanmanmedia]

Tremendous lessons on many levels. All of this certainty from Saylor on what Bitcoin is and its value proposition during the crypto winter when this video was produced, while Saylor's got his balls on the table with billions of dollars of his company's money worth of Bitcoin in their treasury. Today crypto moved up and out of the winter, and Saylor is saying the same thing. He's committed and understands it.

[@sharoffrownbeatz9902]

Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 3.2Biitcoin to a decent 16.4Biitcoin. At the heart of this evolution is Russell Greener, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment..

[@sharoffrownbeatz9902]

Russell Greener program is widely available on the internet...

[@marevafaucheux8245]

I have seen so many recommendations about Russell Greener, his strategy must be good for people to talk about him.

[@ComicalRealm-r2w]

he is all about simple technique that are highly profitable, I really admire his winning mentality.

[@Cracked-f2g]

Russell Greener’s crypto knowledge is like a secret recipe for success!

[@Teodor664]

He appears to be well-educated and well-read. I ran a Google search on his name and came across his website; thank you for sharing..

[@alejandroolmos3834]

If you interview saylor that's automatic subscription

[@logan10045]

I can't get enough of hearing Mr. Saylor

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@russelljonesOu812]

👍 Coupons will expire! At least Gov. can see it now, hence ETF structure. When you see light after your entire life in darkness, it cannot be unseen. Great interview, uncanny insight from Mr. Saylor! When tides shift in bodies of water there is a point when the water vibrates at different frequencies!

[@tc96z1]

I’ve been watching the price action on Iris Energy since the January pullback. Friday 800,000 shares crossed the tape at the close signaling a capitulation. After watching this interview 2x I would sum it up with a quote from a business partner 35 years ago. “Good ain’t cheap and cheap ain’t good.” If you don’t own the money then buy the bank. ❤

[@kha_2428]

Absolutely amazing Podcast. When are we getting part 3?

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@costaricaphotos]

Michael Saylor is the Philosopher King of Bitcoin.😊❤

[@fannys941]

Thank you for educating us! 🙏 🙌 💕

[@tomforstik4899]

This is an incredible interview. Well done sir… Great questions! Michael Saylor is absolutely phenomenal…it’s like a university class on how the world works

[@Miguel-rj2hc]

Amazing interview, great job Pres!

[@coinborg8305]

Michael vs Vitalik debate would be glorious.

[@F3YAW]

Non certamine

[@greenerdays999]

Or a boxing match

[@cd7427]

I've listened to this multiple times I love Bitcoin and crypto in general but Michael loves to talk in circles

[@GreenKnight7]

I could listen to Saylor all day.. and I have and I don’t regret it.🤔

[@PeaceWithPractice]

I love how Saylor makes a perfect argument for $BTC and $KAS.

[@Mark-tq2pf]

Let's get real here. Bitcoin's energy usage (PoW) is to choose a random number (block nonce). That's it. There's no "thermodynamic principle" that's been uncovered. The BTC chain has been designed to use energy to compute hashes in order to produce randomness. It's the randomness that creates the security, not the energy. When Bitcoin was started, this was a fair mechanism to select block producers. The problem is PoW doesn't scale. We know how to select random block producers without wasting the energy of a small country. At scale, PoW faces economic and political headwinds. Economic in that economies of scale will create mining centralization, and political in that governments will realize there are better uses for that energy. Good luck

[@crisptitanium]

Great conversation. Thanks to both of you. Although difficult to achieve, it would almost be pay-per-view-worthy to have Saylor debate Buterin on stage discussing the advantages/disavantages of PoW vs PoS. I'd pay for that. It would also go viral for sure.

[@robertrobert6665]

Seconded!

[@jad1497]

Everyone should watch the last episode with Jason Lowery, it is well worth it to really understand the importance of PoW.

[@dek2000utube]

An incredible peek into the beautiful mind of a caring genius!

[@paulslacknoise]

yes!

[@dbrazeau1024]

Saylor is like a poet for engineer.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@sandymilne224]

Preston, pls tell Michael how much he is changing the world with these podcasts of yours. Kudos to you too. Thnx

[@Bobby-Green]

İ don't know why but I can listen Michael Saylor forever that if he create a podcast channel. His voice makes me so relaxing.

[@pagexx]

Michael Saylor is my favourite podcaster and he doesn't even have his own channel.

[@my2sats260]

One of the best Saylor interviews. I’ve seen them all 4x+ each👑

[@brackxexpressionist]

THANKS MICHAEL AND PRESTON…. everyone has said it already…. great !! stimulating!!

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@lupic3157]

Awsome talk, thank you both.

[@snowbunny1001]

I am only 12 mins in and my mind is blown. Saylor is an absolute genius. To think we have access to this information for free. This is better than 80-90%of what they teach in school.

[@laurentscheercousse3856]

3 hours of pure intellectual discoveries & rediscoveries. Preston & Saylor énergies shoot my brain up to new philosophics highs. STACK SATS ... 🙏U2. ♾

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@moriartyco]

If we could equate gold being a POW system uses energy to create a physical commodity that sits statically in vaults with bicoins POW system that converts energy into a digital commodity then maybe people like Schiff could get their heads around it!...and your Jason Laury interview was absolutely facinating!

[@JoyceCombs-w1q]

I have been subscribed and watching your channel for a long time you are spot on and what you are saying I have invested a nice amount and I will hold it for long term ❤

[@windlord7125]

Wonderful interview. Please, Mr. Saylor may I challenge you that energy transfers at the speed of information - instantaneous - as opposed to the speed of light. Which is significantly slower. a seemingly minor point that underscores orders of magnitude beyond comprehension. Thank you, Mr. Pysh. reveals

[@coolguy7080]

This is one of the best interviews of Michael Saylor 👌 ❤

[@HtPt]

I sleep 💤 on this lecture 😊

[@DiegoLSarmiento]

Preston this is a great interview, I have a question: Recently, Elon Musk had an interview with Lex Fridman (MIT) about money. During the explanation Elon said "Crypto" can reduce the error in the money database (he highlights that the FED updates the database by running a typical batch process). When talking about "Crypto", Elon compares Bitcon with Dogecoin, and he says that since Dogecoin is "lightly" inflationary, it is ideal to make transactions, more than Bitcoin and/or the Lightning Network. If you can talk about that with Michael or any other of your great guests, would be great.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@KamilMauel]

How not to be all in after such a convincing interview?

[@scottnovitsky9253]

if Einstein was alive today I could see him sitting in a small dark room doing thought experiments that if we're spoken would sound very much like this

[@dbrazeau1024]

I want to buy more Bitcoin every time I hear Saylor on a podcast.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@Martin-jk2ng]

Listening to Saylor explain conceptual ideas is just amazing. He seems to know just how to explain anything he wants in an efficient example. An amazing mind.

[@ParisGavrielides]

Thanks! Your video calms me down everyday I watch it when the market is pumping! I'm going with your insights. It makes the most sense with where we are at in the cycle. The only thing that would make me think this cycle could be slightly different is the overall increased adoption of crypto since 2019 and all the hype with the BTC/ETH ETF speculation. Could the market stay held up this cycle by the anticipation of ETFs and the overall awareness that a bull run is coming? The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Elizabeth Rose trading tactics, amassing 23 bitcoins in a short four weeks period, which speaks volumes about his expertise...

[@ParisGavrielides]

she's mostly on Telegrams, using the user name.

[@ParisGavrielides]

@Rose116 💯 ..that's it

[@Cesar-g5x]

I was a minor from 2010 -22 and my electric bill was from 1000 - to 3000 a month

[@tesegan6420]

I love listening to Michael saylor

[@WoetotheVanquished]

I really enjoy his mundane rambling over totally stupid sh*t. this guy is a visionary.

[@mateuspaes]

Preston you’re on a roll! These last two shows will make history.

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@Britt0nYT]

A podcast of Michael Saylor and Jeff Booth, alone having a conversation about Bitcoin would be so good.

[@chucksirois1142]

michael and preston are changing my life 5 years after i bought bitcoin and buy weekly

[@OtumbaCollins]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[@susegeissler998]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@CarlosDomimik]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@NoraBrown-qx9dr]

You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

[@VivianLian-sm5uo]

I'm new at this, please how can I reach her?

[@HelenM-fk1ro]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@whatThaWho]

With regards to energy usage "relative to what" (2:00:43), I believe the "what" question is WHAT IS THE ENERGY CONSUMPTION OF BITCOIN COMPARED TO THE TRADITIONAL FINANCIAL SYSTEM (ATM's, branch office, data centers, etc)? This comparative analysis needs to be based on the energy usage of the global financial system as Bitcoin operates globally. Opponents of Bitcoin refuse address this question as it would expose the MASSIVE energy consumption of the current financial system.

[@bestseedorchard1107]

Do you really think any government will allow competition in the issuance of money and transactions in trade in their country?

[@bethgreenberet1734]

Thank you Preston and saylor for a constructive way to spend the first 3 hrs of the halving year! 2024 is the year of bitcoin

[@ShahShubham-yg4ni]

Thank you for your videos... BTC price has been volatile lately, but I believe it's crucial to focus on educating newcomers on strategies beyond simply holding through market dips. One advantage of this space is the ability to buy during dips and actively trade, generating profits while awaiting inevitable price increases. Many people lack a deep understanding of how this market operates. Charts cannot predict asset movements with certainty; prices fluctuate up and down. Despite this volatility, the market remains profitable.... I have managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Harry’s Dent,, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@ShahShubham-yg4ni]

He's mostly on Telegrams, using the user name

[@ShahShubham-yg4ni]

HarrysDent

[@TainTsai-x2g]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…

[@NancyKWeber-c4x]

Well this is not my first time of seeing his name on social platform. I think he's extremely brilliant and lucrative at the same time.

[@SethMerriman]

Always backup your trading with a good strategy.

[@linw8483]

MS is right-on re: ETH, Security.

[@JMW_JMW_JMW]

Propz man. Hyped to watch this.

[@kingsleywalker9794]

Thank you for this video, I must say that after my successful experience with expert Christopher Scott, I can boldly say that investing in Bitcoin profitably has a winning pattern.

[@EdwardMcCullen-hu5wb]

I have to say this, Mr. Scott is one of the best traders in the cryptocurrency world. I have gained many benefits from the strategy recommended by him.

[@louisspecter-pm4fc]

Please, how can I contact you? I mean this Mr. Christopher Scott

[@kingsleywalker9794]

He's on instagram

[@kingsleywalker9794]

CHRISTOPHER SCOTT TRADING

[@louisspecter-pm4fc]

Are you saying that he is very good when it comes to trading and that he is also a professional?

[@Emilyleestrong]

Thank you ☺️

[@ioansmarket]

Just listening to the first 7 minutes and already can summarize the world of financial problems . Gold...actually bitcoin content !

[@Angus1507]

Fantastic chat gents. Thank you. A huge amount of info to unpack. I’m on the third listen. 👍😀

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,..

[@davecorley5514]

BTC blocks are zeros and ones stored as electrical charges on magnetic media across a universe of N full nodes. Each block contains information that effectively proves the work performed to create that block - proof of work for that block. In effect, the stored blockchain is stored potential electrical energy that represents the electrical energy output (work) of every block. Satoshi’s protocols and constants can be changed, but to do so requires a >50% consensus of mining node operators. Extremely difficult to get changes introduced today given the tens of thousands of active mining nodes. That’s the beauty of peer-to-peer, open source, consensus software. It’s as close to a natural commodity as humans can produce.

[@haparoundthehouse6618]

(as always) I must retrieve my brain from the floor-Michael is a deep thinker.

[@foxate]

The 737 Max example is a great example of a “soft” control gone wrong - they tried to extend the life of 737 by putting on heavier, more powerful engines. The problem was this shifted the centre of gravity to the point that the aircraft was prone to stalling. To compensate for this, they added some sensors and software to correct the stalling if it started happening, yet there was no manual override. Clearly the software didn’t always work as intended. It’s mind-boggling how this band-aid approach was allowed to be implemented - only in a fiat world.

[@deancapinegro4575]

Proof of work is great until the cost to produce is no longer profitable- then what?

[@eviliosierra4222]

Awesome conversation

[@habibacosmatic2364]

👆👆👆For investing guidelines🚀,.

[@Stumptownc]

Great interview

[@AshkanAbedian-qg2ni]

Micheal saylor: What happens to the 500 trillion when we close the drain? Me:You cannot close the drain, Because if you do, lower transactions will collapse the network. If you understand the bitcoin network, You'll realize the profitability of the miners are less than the transaction fees in each block, By removing those transactions or moving them to a higher level, There won't be any profit left for pools and pools who can't afford to keep buying hash power from miners will need to shut down. In another word, If bleeding stops, Bitcoin network collapses

[@maximusmiles2615]

So good Saylor let’s goooo 🔥🔥

[@mandoleenebando429]

Ive never really liked saylor but his analogies are pretty astonishing

[@hodlxhold4988]

great show