Episode #195 – The Gap
Bitcoin is a machine for remembering, and it works because of one deliberate hole in its memory. The Coldcard entropy failure filled that hole with facts the world had already writ
Episode #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 that error c
Episode #190 – Time
Somewhere in the world a person has either lost their private keys or has chosen to take them to the grave, and a fixed quantity of Bitcoin will never move again. The surface an
Episode #189 – Gabriel’s Horn: The Shape of Everything
In 1641, Evangelista Torricelli, a student of Galileo, rotated the curve y = 1/x around the horizontal axis and obtained a shape whose interior volume converges to π while its sur
Episode #187 – The Shannon Trap
In 1948 Claude Shannon formalised information theory by excluding meaning from the math, a move that was correct for his engineering problem and costly once the field adopted his m
Episode #186 – The Anti-Demon
Bitcoin as Anti-Demon: proof of work pays thermodynamic cost upfront, produces durable knowledge, and inverts Maxwell’s century-old paradox. K=IC² explained.
Episode #185 – ABS Ratings = Milkshake NGU
Episode #185 | Published February 26, 2026 A lender took a pool of bitcoin-collateralized loans, packaged the pool into an asset-backed security, sold roughly $188 million of bonds
Episode #184 – On the Same Page
Two independent research teams arrive at the same conclusion: Bitcoin blocks are quantized time. How K=IC2 reframes the bitcoin thesis through the physics of information, constrain
Episode #181 – Fermi’s Folly
Episode 181 reframes Fermi's Paradox through information theory, constraint quality, and the bitcoin thesis in an age of synthetic abundance.