In this article, we will briefly look at economics through the lens of thermodynamics, and make the case that Bitcoin is currently exhibiting properties similar to that of an object at absolute zero. Thermodynamics In thermodynamics, the main reason for the existence of thermodynamic phenomena is the thermal difference between two…

Despite seeming somewhat unrelated, Money, Thermodynamics and the Game Theory of Living are intrinsically linked, and only by fully understanding their interrelationships can one come to grips to the profundity of what Bitcoin promises to be. Thermodynamics The Second Law of Thermodynamics states that in a closed system, entropy (the degree…

Bitcoin 101 One of the most profound ideas in Bitcoin is that it will usher in a new age, one where both fairness and free markets will thrive. It has in fact become somewhat of an internet trope to say “Bitcoin fixes this” in reference to anything and everything on the internet. …

Up until 2020, Bitcoin has been a Black Swan, hiding in the dark, slowly luring in technologists and savvy retail investors. However, ever since MSTR has decided to utilize Bitcoin for their treasury, the stock value itself has changed to mirror the movements of BTC itself. The impact of this…

In order to fully grasp the disruption that Bitcoin will cause, we need to first grasp the concept of a “value network”, and how these networks tie to thermodynamics. The most notable value networks are those of fiat currencies, with the US Dollar sitting at the top of the heap. …

One of the most important implications of the Second Law of Thermodynamics, is that as time moves forward, the entropy of a closed system increases. Entropy can be thought of as representing disorder and randomness. The only known “thing” which has the ability to work against the force of entropy, is life itself. Life is somehow able to channel entropy into harmony. People have been aware of this fact for many millennia, however, we’ve never been able to express it in scientific terms.

What is money? What is value? Why does gold have value? The only way to answer this question is by looking at value from first level mathematical principles. The reason why any of the above abstractions has value, lies in their encryption scheme. …

The introduction of cryptocurrencies has represented the birth of a new universe within cyberspace. A technological singularity, whose scope and reach is so wide and far-fetched, that we can barely wrap our minds around it. It’s a rabbit hole with infinite potential. We are effectively witnessing a Big Bang happening…