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Episode #190 – Time
Somewhere in the world a person has either lost their private keys or has chosen to take them to the grave, and a fixed quantity of Bitcoin will never move again. The surface an
Episode #191 – Why The Search Has To Be Expensive
P versus NP is the unproven conjecture that finding solutions is genuinely harder than checking them. This episode argues the same cost asymmetry runs through every act of knowl
Episode #195 – The Gap
Bitcoin is a machine for remembering, and it works because of one deliberate hole in its memory. The Coldcard entropy failure filled that hole with facts the world had already writ
Episode #194 – States that Travel
Being early and being wrong are the same position, and the original Bitcoin thesis, the one that expected people to figure it out quickly, was 90 percent wrong. Out of that error c
Episode #193 – The Locus of Intelligence
The intelligent party in a conversation with a frontier model is not the model. Both the people building these systems and the people warning against them assume otherwise, and
Episode #192 – The Universe Demands Horns
A persistent knowledge structure can only take one shape. Information is physical, verification is asymmetric, and those two facts force a Gabriel's horn topology on anything th