The Path to Bitcoin cover art

The Path to Bitcoin

The Path to Bitcoin

By: Anon
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Bitcoin Podcast Economics Personal Finance
Episodes
  • Episode #194 – States that Travel

    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 mins
  • Episode #193 – The Locus of Intelligence

    Episode #193 – The Locus of Intelligence
    May 21 2026

    The intelligent party in a conversation with a frontier model is not the model. Both the people building these systems and the people warning against them assume otherwise, and that shared assumption is the same error the nineteenth century made about gold once the telegraph arrived: mistaking the part of the work a new technology does for the whole of it. Intelligence turns out to be a property of a loop rather than of a system, and the loop only produces knowledge when something inside it pays the constraint.
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    31 mins
  • Episode #192 – The Universe Demands Horns

    Episode #192 – The Universe Demands Horns
    May 15 2026

    A persistent knowledge structure can only take one shape. Information is physical, verification is asymmetric, and those two facts force a Gabriel's horn topology on anything that wants to keep growing. The interesting move is to run the same test against artificial intelligence, since most of what the frontier labs are shipping is shaped like a cylinder dressed as a horn.
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    35 mins
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