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The Path to Bitcoin

Episode #188 – The Exhaust Principle

By Anon

Aired Apr 22, 2026 · 31m · Last boosted May 1, 2026

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Show Notes

In 1973, Jacob Bekenstein, then John Wheeler’s graduate student at Princeton, demonstrated that a black hole’s entropy is proportional to its surface area, a formula that Stephen Hawking and Brandon Carter would later confirm despite setting out to disprove it. The result has been treated as a paradox for fifty years. This episode argues that the paradox dissolves when the second law is read correctly, and the framework that emerges is the Exhaust Principle: entropy is the receipt for every act of building since Genesis, and the black hole is the biggest engine physics permits. Episode Summ...

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