“Bitcoin itself is representative of a phrase that I use called TASOE.”
TASOE
“All of the energy in the TASOE that was built up over generations and generations and generations is going to be misallocated because that's the way the system is built.”
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…
- 46
Separation of Money & State
Bitcoin separates money from state the way church and state were once separated. Without debt monetization and bank money creation to siphon energy from the population,…
- 76
The Incentive Revolution
Bitcoin gives each holder a fixed claim on a growing total accessible supply of energy (TASOE), so the only way to get more for yourself is to make everyone around you…
- 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…
- 186
The Anti-Demon
Bitcoin inverts Maxwell's century-old paradox: proof of work pays the thermodynamic cost upfront and produces durable knowledge. That inversion is what made K = Ic²…
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
You can't hoard Bitcoin and drain energy from the system at the same time.
Ep 70 · 10:59