“You are a member of a class that is the apex predator for transforming disorder into order, therefore generating information. Information that has causal power is knowledge. Knowledge is what allows us to have all of the things that we have around us and to make our lives better all of the time.”
“Bitcoin has all the characteristics of a piece of information, a piece of knowledge, really, because it is information that has causal power. It certainly has causal power in being able to transform the physical universe without generating new knowledge.”
MicroStrategy can work as a refinery that converts fiat, information that is easy to vary, into Bitcoin, the hardest information to vary.
Bitcoin performs a civilizational flip: value stops being what's declared or priced and becomes what survives constraint. That makes knowledge the base unit of capital.
Information theory, constraint quality and the Bitcoin thesis reframe Fermi's Paradox for an age of synthetic abundance.
In 1641 Evangelista Torricelli rotated the curve y = 1/x and obtained a shape with a finite interior volume and an infinite surface area. Every knowledge-generating…
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…
We are living through the biggest delusion event in the history of information, in the history of order generation.
Ep 192 · 06:17
We don't want to halt the global AI industry. We've got to refuse to treat low constraint outputs as knowledge, and we have to build the infrastructure to tell the two of them apart.
Ep 192 · 33:46
That pain is the difference between producing knowledge and producing what we might call the appearance of knowledge, which is way cheaper and almost always sufficient for getting paid.
Ep 193 · 04:00