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Bitcoin is Digital Energy - Michael Saylor at the MIT Bitcoin Expo

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MicroStrategy

Thirtyfive years after graduating with the highest honors, Michael Saylor returns to his alma mater to headline the MIT Bitcoin Expo. His keynote is a reflection on a Nikola Tesla quote, "If you want to find the secrets of the universe, think in terms of energy, frequency, and vibration.” and how it pertains to digital energy in the form of Bitcoin. With its ability to vibrate at all frequencies in cyberspace, Bitcoin has the unique capacity to bring about conservation of energy and radically transform how people interact in an increasingly digital world.

Timestamps:

01:29 Bitcoin as Digital Energy Solving the ‘Double Spend’ Problem
09:34 Bitcoin as Digital Property, Currency, and Capital
11:52 What’s the difference between Money and Energy?
13:31 Bitcoin Creates Radiation in Cyberspace
15:49 Can I Create Gravity in Cyberspace?
18:30 Creating an Entirely New Class of Applications Using Lightning
24:13 Why Did MicroStrategy Invest Its Treasury in Bitcoin?
32:33 What Are the Criticisms About Bitcoin And How Do You Respond?
35:57 The Electricity Usage Critique of Bitcoin And The Response
39:25 Bitcoin is the Cleanest, Most Efficient Use of Energy in the World
43:17 What Role Will Bitcoin and the Lightning Network Play in the Future?

#Bitcoin #DigitalEnergy

posted by plipse0