The Path to Bitcoin
Episodes / Era 2 · Money proper / Ep 30
Episode 30 · 17 Feb 2022 · 25:37

Bitcoin & Opt-In Evolution

Evolution rewards whatever lowers local entropy most efficiently, and Bitcoin is its newest tool for doing so. It offers a zero-bleed, absolutely scarce claim on a global pool of energy, letting individuals opt into an evolutionary advantage for the first time.

The one-minute version

What it argues against

The fiat monetary system, whose inflation bleeds the energy stored in money and whose governments misallocate energy without facing the consequences.

And Bitcoin has zero bleed, right?07:49
Bitcoin is the DNA to make artificial intelligence able to evolve and optimize energy.18:57
So yeah, it certainly doesn't make me less bullish to think that Bitcoin really is evolving, is allowing humans to evolve, is allowing life to evolve.24:47

Every passage, on the record.

  1. 07:49Quote

    And Bitcoin has zero bleed, right?

  2. 10:17Quote

    And money is a claim, whatever the money is in that economy is a claim on a percentage of or a share of those pooled energy resources.

  3. 13:33Quote

    And the hard cap of 21 million introduces a new superpower, right?

  4. 17:40Quote

    Inflation is bleed on your energy.

  5. 18:57Quote

    Bitcoin is the DNA to make artificial intelligence able to evolve and optimize energy.

  6. 20:40Quote

    We have one decision and that's to capitulate.

  7. 24:10Quote

    you're going to see that Bitcoin is going to win, and it's going to win in a very big way because it cannot be killed.

  8. 24:47Quote

    So yeah, it certainly doesn't make me less bullish to think that Bitcoin really is evolving, is allowing humans to evolve, is allowing life to evolve.