The Path to Bitcoin
Ideas / Energy

Energy

139episodes
2first heard, 2021
196most recent, 2026
First said · Ep 11 at 04:05
“Bitcoin with its hard cap supply of 21 million represents the entire supply of accessible energy reserves at any given time.”
Said now · Ep 194 at 18:52
“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

  1. 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…

  2. 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…

  3. 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…

  4. 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…

  5. 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