“Bitcoin with its hard cap supply of 21 million represents the entire supply of accessible energy reserves at any given time.”
Energy
“None of it fucking matters. The wall of energy that miners produce to protect the ledger is going to increase, even if right now it's going down because AI and people are competing for it.”
The listening path
- 2
Apex Energy
Money is stored energy, the good with the most options for what it can become. Bitcoin wins over the long run because it communicates and stores claims on previously…
- 39
Signal vs. Noise
Price is the language an economy uses to allocate energy, and every distortion in it misallocates reserves that compound into lost wealth. Bitcoin can't be tampered…
- 74
Lightning Models
Bitcoin and Lightning let each person price their own attention. That turns today's one-size-fits-all advertising into a precise energy market where advertisers pay…
- 111
The Bitcoin Effect
Index funds showed ordinary investors a cruder version of what Bitcoin does: one decision that stops investing from being a full-time job. Bitcoin improves on it by…
- 196
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…
In the show’s words
The story of mankind is the story of harnessing more energy.
Ep 2 · 07:22
If money is energy, we generate future stored energy by releasing it from its previous requirements.
Ep 2 · 13:10
2.1 quadrillion safety deposit vaults encrypted behind the world's most powerful energy network.
Ep 17 · 09:34
Information is physical. Erasing information does cost energy.
Ep 191 · 27:52