Chapter
The Importance of Layer One in Digital Energy
1:59:51 - 2:06:33 (06:42)
Building a better world based on digital energy starts with constructing a digital property on layer one of Bitcoin. This layer serves as the property settlement layer and allows for a revolutionary breakthrough in creating a stable and long-lasting foundation.
Clips
Building a better world based on digital energy requires the construction of low frequency money or property, such as a house, because currency has mid-frequency which is not suitable for the energy transfer.
1:59:51 - 2:01:54 (02:03)
Summary
Building a better world based on digital energy requires the construction of low frequency money or property, such as a house, because currency has mid-frequency which is not suitable for the energy transfer.
ChapterThe Importance of Layer One in Digital Energy
Episode#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
PodcastLex Fridman Podcast
Nic Carter explains how the concept of digital property is evolving and the implications of convenience vs. the aspects of property.
2:01:54 - 2:04:02 (02:07)
Summary
Nic Carter explains how the concept of digital property is evolving and the implications of convenience vs. the aspects of property. He also speaks on how Bitcoin is the first true manifestation of digital property.
ChapterThe Importance of Layer One in Digital Energy
Episode#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
PodcastLex Fridman Podcast
The layer one of Bitcoin serves as a property settlement layer, with a transaction capacity of 350,000 daily and 100 million yearly.
2:04:02 - 2:04:59 (00:57)
Summary
The layer one of Bitcoin serves as a property settlement layer, with a transaction capacity of 350,000 daily and 100 million yearly. Its two main key roles are to securely transfer a large sum of money and ensure its indestructibility.
ChapterThe Importance of Layer One in Digital Energy
Episode#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
PodcastLex Fridman Podcast
The layer one of Bitcoin is like a foundation of bedrock that needs to be able to withstand weight without deflecting, and it also needs to be ethical and global.
2:04:59 - 2:06:33 (01:34)
Summary
The layer one of Bitcoin is like a foundation of bedrock that needs to be able to withstand weight without deflecting, and it also needs to be ethical and global. This revolutionary breakthrough can support up to quadrillions of dollars and can stand for a hundred years.