The "What is Money?" Show

WiM002 - The Saylor Series | Episode 2 | The Rise of Man through the Dark and Steel Ages


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Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build an intellectual foundation for grasping the historic significance of Bitcoin.

00:00:00 - Robert's Intro
00:04:19 - Humanity’s missteps – 1000 years wasted
00:06:19 - Struggles inventing the Printing Press
00:07:35 - Trajan’s Column & forgetting that the world is round
00:10:03 - Native Americans & Failure to Grasp the Wheel
00:12:19 - Starting a Fire in Cyberspace with the Bitcoin Network
00:13:39 - Guns, Germs & Steel – Stressors makes us Harder & Stronger
00:15:19 - Formation of Great Cities at the Center of Empires
00:17:19 - The Logic of Empire – Economics, Customs, Taxation
00:19:03 - Carthago Delenda Est
00:19:50 - The Battle of Lepanto
00:20:36 - Venetian Catholics
00:21:40 - Channeling & capturing energy via Religion
00:22:40 - Manhattan – Nexus of the Bond Market
00:24:05 - Amsterdam – Nautical Distribution Center
00:24:48 - Martin Luther & the Economic Impetus for the Reformation
“It’s useful to have God on your side”
00:26:53 - Failed Cities are at the center of Failed Empires
00:27:10 - Paris & Cathedral of Notre Dame
Living Off the Vestiges of an Empire Long Passed
00:28:10 - The Steel Age. “Technology reshapes business, politics, life, & the human condition”
00:28:41 - Constructing an energy efficient shipping network
00:30:49 - Empires produce security Mongolian Security
00:32:05 - Bitcoin primary value proposition is security in the virtual domain
00:33:20 - Money is power, control of virtual money can provide physical security
00:33:30 - Plight of the German Jews in the 30s – Economic Refugees
00:35:30 - Rail Networks – Impact on Economics, Politics, & War
00:36:40 - The River War – Winston Churchill
00:38:40 - Railroads in the United States (Manifest Destiny)
Railroads are 1000x faster, stronger
00:39:37 - Standard Oil (Storing & Channeling Energy via Petroleum)
00:41:14 - Importance of creating scarcity in oil & standardizing components & quality
00:42:49 - 1000x more energy. “Some people can’t do a nickel worth of work”
00:44:22 - Food Energy Networks
00:44:53 - Stabilizing Food Energy at Room Temperature
00:45:45 - Origin of CPG Branding
00:46:17 - Marjorie Merriweather Post
00:47:20 - Challenges of moving energy thru time & space
00:48:10 - Manufacturing Food Products as a Store of Value
00:48:30 - Hershey PA Factory as Clean Room Facility
00:50:54 - Bitcoin as “The best branded asset in the history of the world”
00:51:12 - Great growth companies are powered by technology
00:53:00 - Non-technology strategies to grow a business
00:54:18 - John D. Rockefeller success
00:54:51 - Steel & Aluminum – Elemental Forces
00:55:20 - Steel – Elemental to all Civil Engineering & Modern Architecture
00:56:25 - Challenges of refining steel
00:57:33 - Challenges of explosives
00:58:10 - Attributes of Steel that make it ideal for Civil Engineering
00:59:06 - Aluminum – Elemental to the Aerospace Industry
01:01:20 - Energy Networks – Rail, Air, Food, Oil
01:02:08 - Impact of Technology on Life Expectancy (1900 to 1950)
01:03:13 - Antibiotics & Conquest of Infectious Disease
01:06:30 - Innovation thru trial and error
01:07:00 - “The future is already with us, it’s just not evenly distributed”
01:07:07 - Robert's Outro
01:42:40 - The End

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