Michael Saylor EXPOSES the Hidden Power in Bitcoin’s Cap—It’s NOT What You Think!

Show Notes

Michael Saylor explains why Bitcoin outclasses “digital energy”, and what that means for value, money, and the internet. We dive into the 21 million cap, stock-to-flow, and the difference between commodities and scarcity. This is a clip from my full episode with Saylor recorded 2 years ago. Watch the full thing here: https://www.youtube.com/watch?v=Z6dulPLx3Xo&t=1688s ––– Offers & Discounts ––– Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric Get up to $100 in Bitcoin on River at river.com/matrix The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order. Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/ ––– Socials ––– • Check out our new website at https://TheBitcoinMatrix.Com • Follow Cedric Youngelman on X: https://x.com/cedyoungelman • Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix • Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs ––– Chapters ––– 00:00 - Digital energy vs. digital scarcity 00:28 - Energy has value but isn’t scarce 00:47 - Oil as commodity, value vs. cap 01:09 - Scarcity beats energy; fusion thought experiment 02:00 - Value in cyberspace vs. real world 03:00 - Moving value on L1, Lightning (L2), and beyond 04:00 - Money’s commodity roots through history 04:34 - Bitcoin’s stock-to-flow idea 05:29 - Bitcoin as best digital money, beyond commodity 06:22 - Why “scarcity” is a precise noun, not hype 07:00 - Misreading L1 speed vs. upper layers 08:00 - From billions to trillions in cyberspace 08:19 - First successful digital commodity & scarcity 08:53 - Coupons vs. energy: credit is not substance 09:14 - Securities, claims, and counterparty risk DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors. I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing. Thank you for listening!