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BTC Media에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BTC Media 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Bitcoin Information Theory with Aaron Segal

1:16:05
 
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Manage episode 306943222 series 2982581
BTC Media에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BTC Media 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode of Bitcoin Spaces Live, host Christian Keroles (@ck_snarks) is joined by Aaron Segal (@LudiMagistr) to discuss his article for Bitcoin Magazine titled "Bitcoin Information Theory: B.I.T.". Aaron explains how entropy is closely related to money and how Bitcoin as information is ultimately a reduction of entropy. This is an extremely enlightening discussion, as Aaron applies the laws of thermodynamics to explain the monetary phenomenon that is Bitcoin.

Other speakers include Guy Swann (@TheGuySwann), Mark Goodwin(@markgoodw_in), and Bitcoin TINA @BitcoinTINA

0:00 Opening remarks and information on Bitcoin 2022!

1:52 An introduction to Aaron Segal's first article for Bitcoin Magazine on Bitcoin Information Theory.

12:22 The fundamental concepts that underpin our decision-making processes.

21:50 Understanding inefficiency in this context, and the compound effect of systemic issues.

23:46 The relationship between humans and their environment; negative impacts of the banking systems.

32:22 How the growth of Bitcoin and decentralization can combat monetary entropy.

39:49 Long-term declines in productivity; Aaron breaks down the trend and statistics.

54:38 The pitfalls of an inflationary approach towards Bitcoin.

1:00:00 Innovation and error correction; how things may look in a Bitcoin standard world!

1:13:43 Creating and cementing this important mental model as a starting point to explore these theories.

---------------------------------------------

Bitcoin Magazine is back in print!

Get Bitcoin Magazine shipped directly to your front door!

Get 21% off with promo code: MAG21

https://store.bitcoinmagazine.com/discount/MAG21?redirect=%2Fproducts%2Fbitcoin-magazine-annual-subscription

"The Deep Dive" delivers the latest Bitcoin on-chain market intelligence directly to your inbox!

Check it out for free here!

deepdivebtc.substack.com/welcome

Bitcoin 2022 will be the biggest Bitcoin conference ever! Miami, FL from April 6–9, 2022

Get 15% off tickets with promo code: MAG21

https://b.tc/conference/

  continue reading

94 에피소드

Artwork
icon공유
 
Manage episode 306943222 series 2982581
BTC Media에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BTC Media 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

In this episode of Bitcoin Spaces Live, host Christian Keroles (@ck_snarks) is joined by Aaron Segal (@LudiMagistr) to discuss his article for Bitcoin Magazine titled "Bitcoin Information Theory: B.I.T.". Aaron explains how entropy is closely related to money and how Bitcoin as information is ultimately a reduction of entropy. This is an extremely enlightening discussion, as Aaron applies the laws of thermodynamics to explain the monetary phenomenon that is Bitcoin.

Other speakers include Guy Swann (@TheGuySwann), Mark Goodwin(@markgoodw_in), and Bitcoin TINA @BitcoinTINA

0:00 Opening remarks and information on Bitcoin 2022!

1:52 An introduction to Aaron Segal's first article for Bitcoin Magazine on Bitcoin Information Theory.

12:22 The fundamental concepts that underpin our decision-making processes.

21:50 Understanding inefficiency in this context, and the compound effect of systemic issues.

23:46 The relationship between humans and their environment; negative impacts of the banking systems.

32:22 How the growth of Bitcoin and decentralization can combat monetary entropy.

39:49 Long-term declines in productivity; Aaron breaks down the trend and statistics.

54:38 The pitfalls of an inflationary approach towards Bitcoin.

1:00:00 Innovation and error correction; how things may look in a Bitcoin standard world!

1:13:43 Creating and cementing this important mental model as a starting point to explore these theories.

---------------------------------------------

Bitcoin Magazine is back in print!

Get Bitcoin Magazine shipped directly to your front door!

Get 21% off with promo code: MAG21

https://store.bitcoinmagazine.com/discount/MAG21?redirect=%2Fproducts%2Fbitcoin-magazine-annual-subscription

"The Deep Dive" delivers the latest Bitcoin on-chain market intelligence directly to your inbox!

Check it out for free here!

deepdivebtc.substack.com/welcome

Bitcoin 2022 will be the biggest Bitcoin conference ever! Miami, FL from April 6–9, 2022

Get 15% off tickets with promo code: MAG21

https://b.tc/conference/

  continue reading

94 에피소드

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