Episode #194 – States that Travel

@CBO this was a fun one. I think we should be more accurate with the language here. Bitcoin is not a model, or theory of a universe. Bitcoin is a universe perceived from the exterior of the temporal substrate within our universe. As we push on the limitations of fiat knowledge, we must bend the knee to the realization that a theory of physics, a theory of time or a theory of information can NEVER explain the universe. There can never be a theory of everything. Bitcoin is not a theory of energy, a theory of time or a theory of information, it is energy, time and information instantiated thru physical computation. It’s not theoretical, it’s proof. Bitcoin is not a theory of everything; it’s an instantiation of what everything must logically, temporally, and mathematically look like from the exterior when you strip things down to the base field of information and value. Bitcoin is proof. If you understand the formal limits that Gödel and Russell established, it should be obvious why a theory can never have explanatory power of the universe. Bitcoin formally solves Turing’s Halting problem through discrete proof of work, and supersedes the limitations of Godel and Russell by instantiating time as a process, coordinate and object. Truth can only be computed in/as time. Knowledge = Truth. As far a phase space, the UTXO map/territory gives us an empirical reference that is not theory; each new utxo opens up a new phase space bounded by the variables of satoshi balance, fee market, spend/script type, total addresses (people to spend with) and the preference for finite bits/time. It reveals that the utxo set is always transforming, yet the base knowledge is preserved temporally and externally as physical bits. Knowledge is defined by the exterior, not the interior. The interior observes the knowledge, but creation/authorship is external to the chain. For something to remain as knowledge (the jug) it must persi…

Thank you sir