“This settling period between appreciating property and eventual medium of exchange will obviously take time; eventually Bitcoin will spread throughout the population, but there will be pain along the way.”
The value stack
“It bugged me that that's the most amount of value that I can provide to the extended order, and by the extended order I mean the universe itself. What's the most amount of value that I can provide if value is constraining matter and opening up accessible phase space to everyone else around me?”
The listening path
- 52
The Adoption Narrative
The slow, pleb-driven path to adoption beats the fast one. It hands future control of energy to the most demonstrably capable allocators, limits damage to the…
- 54
The Generational Divide
Bitcoin can't be killed, so its dominance is a matter of time. Each generation's job is to build clear, correct explanations now, so the next one inherits settled…
- 84
This Too Shall Pass
Ordinals, inscriptions and the fee spike they caused are one more attack that proves Bitcoin's antifragility. Rising fees are the market correctly pricing scarce block…
- 141
Be Like Rambo
The big unlock from Bitcoin comes from using it: measure every decision by whether you end up with more or less Bitcoin, then borrow against it, selling at the…
- 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…
In the show’s words
The North Star for life in the 21st century will be, do I end up with more or less Bitcoin if I engage in X or Y activity, X or Y transformation.
Ep 141 · 01:48
In a Bitcoin denominated world where there is no fiat, you're going to have to actually produce value.
Ep 194 · 01:50