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The Path to Bitcoin

The Path to Bitcoin

Von: Anon
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  • Episode #196 – What Wealth Is
    Oct 14 2026
    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 generating new knowledge, and it explains why a million dollars on a deserted island buys almost nothing, why no fortune in 1924 could buy a cure that didn't exist yet, and why holding a fixed share of a ledger gets more valuable as other people solve problems.
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    30 Min.
  • Episode #195 – The Gap
    Aug 5 2026
    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 written down somewhere, which turned a private key into an explainable object and cost people hundreds of millions of dollar
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    37 Min.
  • Episode #194 – States that Travel
    Jul 29 2026
    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 comes a working definition of value, and underneath it a definition of knowledge: arrangements that keep their shape as t
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    33 Min.
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