What Bitcoin Did

Key Takeaways 

• Bitcoin is a technology for human empowerment; it enables better living through technology  
• You can have 100 opinions about everything that is wrong with the world, or you can focus on one thing and try to improve it; doing the latter may actually have an impact on upgrading the world 
• The solution to entrenched, systemic problems is the introduction of a new idea that goes viral 
• You change the world with elegant, diplomatic innovation, and not with hostile, full-frontal attacks 
• There is serious dysfunction all over the world: the answer is not to side with one party or politician against the other; the solution is to spread the Orange Wave
• “Satoshi created a way. Satoshi gave it away. Satoshi went away.” – Michael Saylor   
• The more you know about economics and ethics, the more conservative and considerate you become about making changes to the protocol 
• You must consider the second-order effects and unintended consequences of implementing change 
• The focus should be on getting every powerful entity on earth to adopt bitcoin and converting potential enemies into friends
• There is an explosion in global consensus that Bitcoin is an idea whose time has come 
• “Bitcoin is the most successful monetary protocol in the history of the world. It has gone from zero to $1.4 trillion in fifteen years. It looks like it’s on the path to go to $14 trillion, and I don’t know why it wouldn’t go to $140 trillion.” – Michael Saylor 

Read the full notes @ podcastnotes.org

“I’m quite the optimist, I actually think that Bitcoin is going to succeed, it is succeeding, it’s succeeding as fast as it could reasonably succeed, and we ought to try to avoid the tendency to F with it.”
— Michael Saylor

Michael Saylor is the CEO of MicroStrategy. In this interview, we discuss ossification, user rights, sovereignty, funding Bitcoin development, the political war over digital asset regulation, and the sly roundabout revolution.

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This episode’s sponsors:

IREN - Bitcoin Mining. Done Sustainably
Swan Bitcoin - Invest in Bitcoin with Swan
Bitcasino - The Future of Gaming is here
Ledger- State of the art Bitcoin hardware wallet
Casa - Take control of your digital wealth
Oslo Freedom Forum - June 3-5 2024

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WBD817 - Show Notes

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