Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin.00:00:00 - Episode Trailer00:01:06 - Swan Bitcoin00:03:23 - Robert's Intro00:06:08 - Channeling Monetary Energy thru Time & Space00:09:08 - Shipping Energy via Rubber Raft vs. Wooden Ship vs. Steel Tanker00:11:34 - Vacuum sealing food energy & encrypting monetary energy00:13:01 - Creating a wall encrypted energy00:14:07 - “Money is Power” Monetary Energy is a highest form of power. How much power can flow into Bitcoin? Price is Voltage.00:16:12 - Thoughts on S2F model.00:17:12 - Bitcoin Power= function of Adoption, Utility, Productivity, & Inflation00:17:48 - Adoption -Measuring & defining (Hodlers, Treasury Reserves) Mercenary Traders vs. Citizen Owners – Degree of Commitment00:24:39 - Bitcoin is a closed thermodynamic system00:26:02 - Degrees of Commitment to Adoption of Bitcoin (True Adoption Rate)00:26:49 - Perils of leveraging with insurance vs. BTC treasury reserves00:39:54 - Perils of leveraging with debt vs. BTC treasury reserves00:33:59 - Inflation drives debt drives fragility00:35:04 - Currency wars make cash toxic -inflation vs. hyperinflation (chemotherapy, diabetes, metabolic disease, organ death)00:39:03 - Calculating overall adoption of monetary network & progression00:41:54 - Comparison to (and limits of) Facebook, Apple networks00:43:49 - Adoption by NGOs, Governments, Institutions, Investors, Companies00:45:39 - Teamwork, Syndicated Energy, & Historic Examples00:46:49 - Bitcoin adoption organizes & channels energy participants00:47:55 - Perils of Trading Bitcoin & Benefits of Hodling Bitcoin High Frequency SoV, Low Frequency MoE00:59:49 - “Nothing wrong with living forever”00:51:49 - Benefits of Never Selling an Asset & Using it for Debt00:55:04 - The ideal holding period of an asset is forever00:55:59 - Avoiding fragility from leverage, risk models01:01:59 - Impact of Interest Rates on Financing01:02:19 - Increasing the Utility of the Bitcoin Network01:06:13 - Impact of Productivity Growth on the Bitcoin Network Sweeping cash flows into the network01:09:17 - Creating the first cyber economy via Bitcoin01:10:34 - Comparison to American economy01:12:49 - “A swarm of military assets behind a wall of water”01:14:39 - Crucibles of Innovation require an Insulator to preserve Energy01:15:20 - Impact of Inflation on Power of the Bitcoin Network Translating energy into fiat frame of reference01:18:31 - Value of Bitcoin varies by Domain, Inflation Rate drive rate of Adoption01:19:49 - Final Thoughts of Bitcoin Network Power Equation & Adoption01:23:04 - Bitcoin is the first conservative monetary energy system Energy is truth…can be neither created nor destroyed01:24:09 - Final Thoughts on Bitcoin Energy is the ultimate scarce asset in the university Laws of Thermodynamics. You can’t cheat. There is no such thing as a free lunch. Newtons Laws are the basis of all mechanics. Bitcoin is the first time Technology crashed into Economics01:30:14 - Robert's Outro02:10:27 - End--See My Work: https://linktr.ee/breedlove22Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Stack sats: https://www.swanbitcoin.com/breedlove/Twitter: https://twitter.com/Breedlove22