The Path to Bitcoin

Horns all the way down.

A podcast about Bitcoin, physics and how knowledge gets made. 193 episodes since June 2021.

Latest · Ep 196 · 14 Oct 2026

What Wealth Is

Most people misjudge Bitcoin because they have never been given a working definition of wealth. David Deutsch's is the set of transformations you could perform without generating new knowledge, which is why a fixed share of Bitcoin's ledger gets more valuable as other people solve problems.

Recent episodes

  1. 196 What Wealth Is
  2. 195 The Gap
  3. 194 States that Travel
  4. 193 The Locus of Intelligence
  5. 192 The Universe Demands Horns
  6. 191 Why The Search Has To Be Expensive
  7. 190 Time
  8. 189 Gabriel’s Horn: The Shape of Everything
  9. 188 The Exhaust Principle
  10. 187 The Shannon Trap
  11. 186 The Anti-Demon
  12. 185 ABS Ratings = Milkshake NGU

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