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

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 507

  • @NickNorton-xc2vy
    @NickNorton-xc2vy 11 місяців тому +38

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

    • @CrossDame
      @CrossDame 11 місяців тому

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

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      @JasonAnton-tj8jx 11 місяців тому

      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.

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      @GeorgePeev-ld7xi 11 місяців тому

      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.

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      @DianaKrichely 11 місяців тому

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      @TerryHemsworth 11 місяців тому

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  • @nathanwallace4647
    @nathanwallace4647 Рік тому +47

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

    • @cameronaarninkhof7116
      @cameronaarninkhof7116 Рік тому

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

  • @ParisGavrielides
    @ParisGavrielides 9 місяців тому +16

    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...

  • @ShahShubham-yg4ni
    @ShahShubham-yg4ni Місяць тому +47

    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
      @ShahShubham-yg4ni Місяць тому

      He's mostly on Telegrams, using the user name

    • @ShahShubham-yg4ni
      @ShahShubham-yg4ni Місяць тому

      HarrysDent

    • @TainTsai-x2g
      @TainTsai-x2g Місяць тому

      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
      @NancyKWeber-c4x Місяць тому

      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
      @SethMerriman Місяць тому

      Always backup your trading with a good strategy.

  • @OtumbaCollins
    @OtumbaCollins 3 місяці тому +50

    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
      @susegeissler998 3 місяці тому

      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
      @CarlosDomimik 3 місяці тому

      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
      @NoraBrown-qx9dr 3 місяці тому

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

    • @VivianLian-sm5uo
      @VivianLian-sm5uo 3 місяці тому

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

    • @HelenM-fk1ro
      @HelenM-fk1ro 3 місяці тому

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

  • @kingsleywalker9794
    @kingsleywalker9794 Рік тому +175

    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
      @EdwardMcCullen-hu5wb Рік тому

      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
      @louisspecter-pm4fc Рік тому

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

    • @kingsleywalker9794
      @kingsleywalker9794 Рік тому

      He's on instagram

    • @kingsleywalker9794
      @kingsleywalker9794 Рік тому

      CHRISTOPHER SCOTT TRADING

    • @louisspecter-pm4fc
      @louisspecter-pm4fc Рік тому

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

  • @joshpoland6225
    @joshpoland6225 Рік тому +14

    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.

  • @SeedyRecords
    @SeedyRecords Рік тому +11

    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.

  • @marcbriggs4449
    @marcbriggs4449 Рік тому +3

    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!

  • @davidthompson8364
    @davidthompson8364 Рік тому +2

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

  • @moriartyco
    @moriartyco Рік тому +6

    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!

  • @scottnovitsky9253
    @scottnovitsky9253 Рік тому +7

    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

  • @mateuspaes
    @mateuspaes Рік тому +2

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

  • @fannys941
    @fannys941 Рік тому +2

    Thank you for educating us! 🙏 🙌 💕

  • @YAMAZAK1
    @YAMAZAK1 8 місяців тому +2

    The insight about "economic energy" is incredible. The fiat paradigm is like a swamp that drains our economic energy, including work, technology, cooperation, and more.

  • @snowbunny1001
    @snowbunny1001 6 місяців тому +5

    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.

  • @brackxexpressionist
    @brackxexpressionist Рік тому +1

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

  • @Miguel-rj2hc
    @Miguel-rj2hc 8 місяців тому +1

    Amazing interview, great job Pres!

  • @bestseedorchard1107
    @bestseedorchard1107 4 місяці тому +1

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

  • @jimiajayi5268
    @jimiajayi5268 5 місяців тому

    Literally agree with everything. However 1:34:54 I’d say NFTs is my only innovation I’d attribute to assets like eth cause of smart contracts make nfts possible. Bitcoins too clunky to program nfts on. So tokenisations possible cause of smart contracts not BTC. There’s room for more innovation in blockchain tech

  • @joshuakozel7770
    @joshuakozel7770 Рік тому +4

    ESG story relating to ETH:
    We had ETH mining rigs at home to mine ETH and heat our house. Ever since the merge, the rigs have stayed off, forcing us to burn more natural gas. Perversly, the merge and "efficiency" upgrade was applauded by a whole bunch of people, not realizing the process is actually net negative if you count carbon emissions as harmful

    • @hassanhaydar9412
      @hassanhaydar9412 Рік тому

      Cheap stranded energy for mining is definitely a plus, but ehat fuel is being burned to create your electricity?

  • @Stumptownc
    @Stumptownc Рік тому +2

    Great interview

  • @HtPt
    @HtPt 6 місяців тому +1

    I sleep 💤 on this lecture 😊

  • @RyanBlair01
    @RyanBlair01 Рік тому +1

    Brilliant... Just brilliant!

  • @leroyessel2010
    @leroyessel2010 8 місяців тому

    The lowest cost energy will be Eirex Technology in Canada not by electrolysis but cavitation of any type of pond or ocean water.

  • @moda_crypto869
    @moda_crypto869 Рік тому +3

    Would love to know which Crypto companies are pushing Bitcoins energy bullshit. My moneys on the two scams =XRP and ADA

  • @suunt12
    @suunt12 Рік тому +2

    Spectacular. 👍👍

  • @HenryPranadarma
    @HenryPranadarma Місяць тому

    Saylor speaks in metaphors. he is a genius

  • @jshagenow
    @jshagenow 11 місяців тому +1

    It’s like bitcoin is the ultimate ticket to the party as it is limited in total number issued but ultimately limitless in the ability to divide it into smaller and smaller pieces representing larger and larger values. Does this create a new math problem at some point in the future?

  • @richardthomas4001
    @richardthomas4001 Рік тому +1

    Great show! I love the examples that michael gives to the questions asked. It has hightened my concernes that the establishment is trying to destroy such a wonderfull , fair system that satoshi has created. These self governing agencys and the government itself are supposed to be for the people, by the people, instead they have grown into greed driven "deplorables" to put it into one of their own words that are stricktly out for themselves at our and the worlds expence. Hopefully the power of the universe will strengthen the good and true leaders and put a hurting on those that are orchestrating and manipulating the system for the great reset, the new world order that want us to own nothing and be happy.

  • @WoetotheVanquished
    @WoetotheVanquished 4 місяці тому +1

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

  • @AbundanceProtocol
    @AbundanceProtocol Рік тому

    The idea that for something to have value (in a market) you need to have "energy" behind it is ridiculous. That defies the laws of supply and demand. Even in Bitcoin, what determines whether there are 21 million coins or 45 million is not "energy" it's whatever node operators (backed by BTC) determine. If there is consensus, the 21 million "limit" can shift tomorrow, regardless of how much "energy" was put into the system up to that point.

    • @QDogg
      @QDogg Рік тому

      Why would the node operators increase the supply of coins? They would be debasing themselves

    • @AbundanceProtocol
      @AbundanceProtocol Рік тому

      @@QDogg "Why" is a completely separate question from "if" they can do it (they can). What makes Bitcoin network secure (hint: it's not the energy spent) is consensus among nodes on accepting miner's blocks based on the rules of the protocol. But nodes can coordinate and change those rules if they want to. They can change the 21M cap to 45M or to 19M (which would benefit them...), it has nothing to do with the proof of work mechanism.

    • @AbundanceProtocol
      @AbundanceProtocol Рік тому

      One reason to increase the supply however is that deflationary currencies cannot work as a good Medium of Exchange. At some point the Bitcoin network will have to decide if Bitcoin should be "digital gold" (ie. a non-productive asset) or an actual currency that people would want to transact with - doing so would require a non-deflationary monetary policy

  • @vincentiengo4470
    @vincentiengo4470 9 місяців тому

    Cash in cash out , what? What happens to the energy (ETF)

  • @raymondtorres7684
    @raymondtorres7684 Місяць тому

    I wonder if the argument could made of how many servers you need to run this cash or fiat currency around. How many lighted offices how many people how many cars drive to their work. I mean servers create a lot of heat. Use a lot of energy.

  • @sandymilne224
    @sandymilne224 Рік тому +3

    How many servers handle the Bitcoin network? That’s quantifiable. Which is higher? That network or Google global servers, Apple and Facebook servers? I’d bet $1 that Google used more energy than Bitcoin. If it’s an ESG issue, shut down the Internet! We don’t NEED the Internet. We existed for thousands of years without it. What’s more important, surfing the Internet in the evening instead of watching TV, or having SOUND MONEY? I’d say sound money.

  • @MDOY79
    @MDOY79 Рік тому

    did satoshi not Pre mine bitcoin before everyone else or was it fairly launched among the internet?

  • @FilobZh
    @FilobZh Рік тому

    This 2 hours saves many newcomers to spend less than 100 recommended hours to learn the benefits of the most necessary asset in the future.

  • @gloriamariadc7757
    @gloriamariadc7757 10 місяців тому

    Wow.. 2 hrs in, & my brain needs to take a break & come back to finish this later.. wow. My poor little brain. 🙏🏻🙏🏻🙏🏻🙏🏻.

  • @shanepoulack7863
    @shanepoulack7863 4 дні тому

    Not much talk here about the amount of ENERGY is spent mining silver and gold and silver and gold represent energy and scarcity as there is only a finite supply, sounds like someone is trying to make a digital version of silver and gold ,,,what ya all think?

  • @keshawnscorner9112
    @keshawnscorner9112 Місяць тому

    I fell asleep and woke up to this podcast. Who else did this happen to 😂

  • @kevalan1042
    @kevalan1042 Рік тому +1

    "Ghost parties" is amazing

  • @bullsvsbearsMia-mi
    @bullsvsbearsMia-mi 10 місяців тому

    I like the way you listen🎉

  • @joaosas
    @joaosas 5 місяців тому

    Preston can keep grumpy cat face for 3 hours straight

  • @-MikeyMonte
    @-MikeyMonte 7 місяців тому +1

    A better analogy..Bitcoin was the testnet. Kaspa is the mainnet.

  • @turtleyaya
    @turtleyaya Рік тому +1

    What’s with all the bots? Disgusting. Always good to listen to Saylor about… BITCOIN… not you bots. Will do the reverse of your intent.

  • @gmoneyApexTrader8
    @gmoneyApexTrader8 6 місяців тому

    Micheal Saylor can see the future

  • @anthonypai6127
    @anthonypai6127 7 місяців тому

    Michael Saylor is great but he doesn’t explain how Bitcoin does not destroy the environment with its energy requirements and flirts around the question by saying real money needs a cost. Without a cost it’s not hard money. We’re doing reasonably well without a money that consumes more energy than Argentina. And if you don’t like saving your money in USD, buy a house.

  • @PonziZombieKiller
    @PonziZombieKiller 28 днів тому

    Sure 😮

  • @DEREKCHOWIE
    @DEREKCHOWIE 6 місяців тому

    With Susan Boyle team, Pamela Davison Howie, Roma Downey Team, The Irish, we will love U from this moment on, ❤❤❤❤❤

  • @cryptoengineer9930
    @cryptoengineer9930 9 місяців тому

    A masterclass in why Bitcoin is the only one that has purity of value and integrity of use.

  • @raymondtorres7684
    @raymondtorres7684 Місяць тому

    I wonder if people real. How much energy servers use to do the fiat currency transfer money, move money around and do all kind of stuff.

  • @AshkanAbedian-qg2ni
    @AshkanAbedian-qg2ni 4 місяці тому +1

    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

  • @stuartacarter007
    @stuartacarter007 23 дні тому +1

    I’m feeling the pain

  • @arulkumar8459
    @arulkumar8459 Місяць тому

    I've observed support for Web3 Infinity INFTY3. Interest is growing in it!

  • @sharoffrownbeatz9902
    @sharoffrownbeatz9902 3 місяці тому +115

    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
      @sharoffrownbeatz9902 3 місяці тому

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

    • @marevafaucheux8245
      @marevafaucheux8245 3 місяці тому

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

    • @ComicalRealm-r2w
      @ComicalRealm-r2w 3 місяці тому +1

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

    • @Cracked-f2g
      @Cracked-f2g 3 місяці тому

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

    • @Teodor664
      @Teodor664 3 місяці тому +1

      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..

  • @waynerichardson1051
    @waynerichardson1051 Рік тому +25

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

  • @mkmstillstackin
    @mkmstillstackin Рік тому +100

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

  • @jeffstewart3170
    @jeffstewart3170 6 місяців тому +4

    Michael Saylor for President. PLEASE.

  • @cloudstrife543
    @cloudstrife543 Рік тому +240

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

    • @roberthodgson3574
      @roberthodgson3574 Рік тому +11

      Forever Laura.

    • @smokeyxxl
      @smokeyxxl Рік тому +2

      @@roberthodgson3574 😂

    • @drxkalishnakov2464
      @drxkalishnakov2464 Рік тому +4

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

    • @XSTACI
      @XSTACI Рік тому +8

      I love listening to saylor 💕💕🙌👏

    • @DanaJumper
      @DanaJumper Рік тому +6

      ... Lol, and he can talk forever!

  • @Bjcrypto545
    @Bjcrypto545 6 місяців тому +3

    Michael "Satoshi" Saylor

  • @jonp.1084
    @jonp.1084 Рік тому +56

    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
      @drxkalishnakov2464 Рік тому +1

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

    • @mh0072
      @mh0072 Рік тому +5

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

    • @drxkalishnakov2464
      @drxkalishnakov2464 Рік тому

      @@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
      @copycatt2579 10 місяців тому

      @@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.

  • @Twinzpark
    @Twinzpark Рік тому +41

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

  • @pierrebitcan
    @pierrebitcan Рік тому +20

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

  • @dek2000utube
    @dek2000utube Рік тому +10

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

  • @DH03USMC
    @DH03USMC Рік тому +30

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

  • @stereodachs
    @stereodachs Рік тому +67

    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 🧡🧡🧡

  • @davecorley5514
    @davecorley5514 Рік тому +3

    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.

  • @dbrazeau1024
    @dbrazeau1024 Рік тому +4

    Saylor is like a poet for engineer.

  • @Blackwingsss
    @Blackwingsss Рік тому +4

    I clicked on this instantly. lol

  • @tylerdurdenswallowedthered8142

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

  • @stereodachs
    @stereodachs Рік тому +2

    so many scammers in the comments. what we need is Digital Energy to eliminate this mess.

    • @jonp.1084
      @jonp.1084 Рік тому +2

      It’s out of control. Totally unusable. I had to scan down 40 or so messages to see your human massages. Your right we need it desperately

  • @katerinao9532
    @katerinao9532 Рік тому +4

    What an excellent interview . Thanks for that

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 Рік тому +9

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

  • @siantudor-jones3438
    @siantudor-jones3438 Рік тому +26

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

  • @9trogenta13
    @9trogenta13 Рік тому +3

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

  • @BatmanBoss
    @BatmanBoss Рік тому +3

    Go Bitcoin

  • @coinborg8305
    @coinborg8305 Рік тому +12

    Michael vs Vitalik debate would be glorious.

    • @F3YAW
      @F3YAW 6 місяців тому

      Non certamine

    • @greenerdays999
      @greenerdays999 4 місяці тому +1

      Or a boxing match

  • @rmondave
    @rmondave Рік тому +1

    But Michael does know it is true that we did trust a private company (central bank called the Federal Reserve) to issue our money, for the love of god I hope people will learn how suicidal if that is not fixed/revised/corrected this time around.

  • @stevem5580
    @stevem5580 Рік тому +5

    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!

  • @dbrazeau1024
    @dbrazeau1024 Рік тому +3

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

  • @Edinkrama
    @Edinkrama 11 місяців тому +4

    📌,Great video. I started watching your videos last year as a beginner before giving stock and crypto market a trial. I was able to make $17,300 in one month with a capital of $4,000 trading with an experience expert who guided me through out my trading.

    • @adakkristinn
      @adakkristinn 11 місяців тому

      You don't have to be shocked, Chrissy Barymoer has helped so many newbies become millionaires through trading

    • @adakkristinn
      @adakkristinn 11 місяців тому

      Besides I and my brother have been trading with Chrissy Barymoer for over a year and I've made good profit of $86000 that's not much but l'm happy with the progress, I don't have to look for jobs anymore

    • @Karagoldberg7
      @Karagoldberg7 11 місяців тому

      {}That's true I know Barymoer. I met him at a conference in New York in 2021 where he introduced us to his business strategy, he helped me cover my student loans with ease and so many more to be mentioned

    • @Dukaamoses
      @Dukaamoses 11 місяців тому

      Just type his name Chrissy Barymoer
      ...

    • @Dukaamoses
      @Dukaamoses 11 місяців тому

      []ON FACE-BOOK[] Or on INSTAGRAM >

  • @haparoundthehouse6618
    @haparoundthehouse6618 11 місяців тому +5

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

  • @bitkillerjones.
    @bitkillerjones. Рік тому +4

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

  • @foxate
    @foxate Рік тому +5

    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.

  • @danielbawce2299
    @danielbawce2299 Рік тому +1

    Vitalik: "...and this gives us a lot more freedom to optimize the system..."
    This has nothing to do with innovations or re-inventing the money, this is just about the politics now.

  • @Billygoat1022
    @Billygoat1022 9 місяців тому +2

    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.

  • @MH-xq3bo
    @MH-xq3bo Рік тому +8

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

  • @sthurmo
    @sthurmo Рік тому +3

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

  • @Mark-tq2pf
    @Mark-tq2pf Місяць тому +1

    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

  • @howardk831
    @howardk831 Рік тому +2

    Bitcoin uses energy to tie it to the real world, since its REAL money. 🤯Eth is always changing because the CEO and software engineers decide its future and plan to change for the next 20,30,40 years. So they made the monetary policy pay them instead of miners. They used the ESG narrative for benefit like so many other corporations out there, which saylor also highlights. The clip played of Vitalik - somewhere in the middle of the video if someone can link it please. - Reveals that the ETH protocol is now just a toy for Vitalik and his dreams.

  • @stevelegreid
    @stevelegreid Рік тому +1

    His gift is in his metaphors. Plain and simple

  • @windlord7125
    @windlord7125 8 місяців тому +1

    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

  • @PriyankaGhosh-oj5ot
    @PriyankaGhosh-oj5ot Рік тому +7

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

  • @theacman135
    @theacman135 10 місяців тому +1

    Micheal killed ,SATS yuga;kinda like yuga labs ..:-)"Micheal threw in SATS Yuga too the ground; it's Biblical Micheal Sailor!!!:-)

  • @ouraniac
    @ouraniac 7 місяців тому +1

    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. ❤

  • @sagi2tarius-722
    @sagi2tarius-722 Рік тому +3

    legend!

  • @CoreyChambersLA
    @CoreyChambersLA 7 місяців тому +1

    WEF World Evil Forum caught in another lie

  • @johnc7279
    @johnc7279 Рік тому +1

    Over glamorization of what can be explained simply. Price goes up based on supply and demand...period. Your depending on the next guy to purchase it for more than you paid.

  • @Emilyleestrong
    @Emilyleestrong Рік тому +3

    Thank you ☺️

  • @JoyceCombs-w1q
    @JoyceCombs-w1q 7 місяців тому +1

    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 ❤