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Guest's contact: x.com/saylor

Summary

Bitcoin is the singularity where science collides with economics. It is the instrument that brings the scientific method to economics, just like the telescope brought a paradigm shift in astronomy. Before Bitcoin, economics was a pseudoscience filled with opinions and biases. Bitcoin, with its perfect money properties, allows for the proper allocation and programming of capital. It has the potential to change society profoundly, from extending the life expectancy of corporations to disrupting the financial establishment. The global adoption of Bitcoin will vary depending on the need to know and the level of security and comfort in different regions. It is important to spread Bitcoin with love and not hate, as it is a solution that can benefit everyone. Bitcoin scales in layers, with various entities and institutions adopting and integrating Bitcoin into their systems. MicroStrategy will continue to raise capital to buy Bitcoin and advocate for its adoption by companies and financial institutions. They will also focus on developing software and applications related to Bitcoin. Bitcoin scaling will involve the growth of layer two and layer three protocols, larger transactions on the base layer, and the emergence of Bitcoin banks. The adoption of Bitcoin by banks, corporations, and governments will provide security and balance of power in the network. Bitcoin's mission is important to MicroStrategy and gives life meaning.

Takeaways

Bitcoin is the singularity where science collides with economics, bringing the scientific method to the field.

Before Bitcoin, economics was a pseudoscience filled with opinions and biases.

Bitcoin's perfect money properties allow for the proper allocation and programming of capital.

Bitcoin has the potential to extend the life expectancy of corporations, disrupt the financial establishment, and change society profoundly.

The global adoption of Bitcoin varies depending on the need to know and the level of security and comfort in different regions.

It is important to spread Bitcoin with love and not hate, as it is a solution that can benefit everyone. Bitcoin scales in layers, with various entities and institutions adopting and integrating Bitcoin into their systems.

MicroStrategy will continue to raise capital to buy Bitcoin and advocate for its adoption by companies and financial institutions.

Chapters

00:00 Trailer

03:30 Bitcoin: Science collides with Economics

13:28 How does Society look like on a Bitcoin standard

23:40 Global Game Theory

28:54 Spreading Bitcoin with Love for Accelerated Adoption

35:00 How Michael Saylor changed on a BTC Standard

48:46 MicroStrategy's Role in Bitcoin Adoption

51:47 The Growth of Layer Two and Layer Three Protocols

54:01 The Future of Bitcoin: Banks, Corporations, and Governments