First said · Ep 19 at 03:49
“Bitcoin itself is representative of a phrase that I use called TASOE.”
Ideas / TASOE
TASOE
39episodes
19first heard, 2021
196most recent, 2026
Said now · Ep 196 at 18:55
“If you think about the total accessible supply of energy, TASOE, I used to use that analogy or that concept, that's the pie. The wealth of the extended order is the set of transformations that we can actually reliably perform in the physical universe, and that is constantly growing and growing.”
The listening path
- 19
T.A.S.O.E. & Value Investing in the Bitcoin Age
Warren Buffett's index-fund advice, taken to its end, leads to Bitcoin. Its fixed supply makes it a claim on TASOE, the total accessible supply of energy humanity…
- 47
The Success of Bitcoin
Bitcoin keeps producing blocks as long as it receives power, so its continued success is physical evidence that life keeps getting better at turning inaccessible energy…
- 78
The Mechanics of Trust
Trust exists so we can skip the energy cost of verification. Bitcoin strips reducible uncertainty from its code and makes verifying it cheap, so the extended order can…
- 93
Bitcoin Collateral
Borrowing against Bitcoin, the way the wealthy already borrow against stocks and real estate, is the lowest-friction way to access its value without selling. You keep…
- 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
It is a index fund for every single person on earth, every entity that is capable of unlocking energy is represented by Bitcoin.
Ep 19 · 09:12
Could be a farmer in Rwanda, could be a Silicon Valley, Tech Bro, it could be anybody finding any amount of efficiency.
Ep 19 · 17:20
I did this. I don't want to consume it. I want to share it so that we can all benefit from it.
Ep 19 · 20:40
Your percentage stays the same. What increases is the capabilities within that.
Ep 196 · 19:44