BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 12 October 2022
⏱️ 163 minutes
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Transcript
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| 0:00.0 | You're listening to TI-P. |
| 0:03.0 | Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast. |
| 0:07.0 | Back by popular demand, I have the one and only billionaire Michael Sailor. |
| 0:12.0 | This conversation is the second episode in what I would describe as a three-part series on why |
| 0:17.0 | Bitcoin's proof of work and energy use is essential for changing the world. |
| 0:21.0 | Last week, I interviewed MIT graduate student Jason Lowry, |
| 0:25.0 | where he provided an in-depth discussion on the importance of the differences between |
| 0:29.0 | proof of work and proof of stake. |
| 0:31.0 | This episode can be found as BTC-98. |
| 0:34.0 | I think it's important for people to listen to that conversation before listening to this conversation with Michael. |
| 0:39.0 | So with this conversation, Michael provides an in-depth overview of why the energy is so important for protecting |
| 0:46.0 | Bitcoin's security integrity. |
| 0:48.0 | Additionally, Michael covers numerous misconceptions and failures in critical thinking when it comes to |
| 0:54.0 | Bitcoin's energy use. This is a long conversation, but to ensure we covered the topic in a comprehensive way |
| 1:00.0 | that can serve as a resource that you can share with your family and friends, |
| 1:04.0 | we made sure that no stone was left unturned. |
| 1:07.0 | So if you ever have somebody tell you that Bitcoin uses too much energy, hopefully this episode, |
| 1:12.0 | number 99 with Michael Sailor is at the top of your list to share with them. |
| 1:16.0 | So with that, sit back and I hope you enjoy the conversation. |
| 1:20.0 | You are listening to Bitcoin Fundamentals by the Investors Podcast Network. |
| 1:28.0 | Now for your host, Preston Pish. |
| 1:41.0 | All right, so like I said in the introduction, I'm here with the one and only Michael Sailor. Welcome back to the show. |
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