you at the Vegas conf?

Why is Bitcoin not a bounded system? Or rather, why is it an open system? In my view, entropy cannot be understood without Bitcoin as you need a thermological process to produce a chronological state. Bitcoin is the physical process or isomorphism (1:1 map) of Boltzmann entropy to Shannon entropy through energy and work applied to a bounded mathematical system defined by the states of its value-bits (satoshis) in blocks of time. Without unification of Boltzmann and Shannon entropies, the definition is incomplete. Only Bitcoin allows us to quantify the energy of Shannon entropy from Boltzmann and the ledger. I define the boundaries by the ledger; T=0 (Genesis) to preset and all 21M btc or 2.1Q sats. Separate the internal and the external. The valid nonce being the boundary and the point of isomorphism between the external to the internal. Bitcoins Shannon entropy increases every block written. As long as there is a block with non-zero temperature (Coinbase; measured in satoshis) and a configuration of value bits btwn (0,1) relative to total supply, then the internal energy of Bitcoin must increase, since the historical ledger is preserved in full fidelity. Now if you are talking about the active utxo set, yes we can see localized reductions of entropy through things like consolidation. If thermodynamic memory increases (i.e. sats are written in a block with non-zero coinbase) internal energy increases. The energy becomes a permanently conserved configuration of bits of value preserved as blocks of time. Hope this helps!

GM

For those who don’t quite get what I’m saying, if Bitcoin becomes understood as a system that actually conserves energy, identity, and value through time, then you should expect the fiat price to begin deteriorating rapidly. Why? Because fiat only functions so long as people believe it is a stable frame of reference for measuring reality. But if Bitcoin has greater explanatory power for value, energy, time, and conservation itself, then knowledge and trust will begin migrating toward Bitcoin and away from fiat. The behavior follows the understanding. Explanatory knowledge (physics) of Bitcoin must logically precede hyperbitcoinization. If the energy of Bitcoin is calculable, fiat loses all intelligibility. Not just purchasing power, but meaning itself. Fiat becomes increasingly unable to explain, measure, or contain the thing it is attempting to price. The contradiction compounds through time. Bitcoin’s gravity stops being metaphorical and becomes both physical and economical. Knowledge, capital, and explanatory power will seek the most stable frame of reference available, and systems that cannot conserve identity, value, or energy will rapidly collapse under their own incoherence. Perhaps a revelation? That is what crossing an event horizon looks like economically and epistemologically. The old reference frame cannot escape the pull because the center of gravity has already shifted. Bitcoin will force the market to recognize fiat as distorted measurements from a failing system trying to describe a superior one. Once the constraint is understood, the transition accelerates to terminus. Bitcoin absorbs both the wealth and the ability to define reality coherently through time. People think hyperbitcoinization is just capital moving. It’s not. It’s epistemology (knowledge) moving. It’s the collapse of one system’s ability to describe reality and the emergence of another that can. How much of our “knowledge” and academia relies on fiat to persist? What will survive a Bitcoin standard? We should be preparing for the inevitable moment Bitcoin no longer has a meaningful “price” in fiat terms at all, because the measuring stick itself will be failing faster than the thing being measured. Expect vertical if true. Every action has an equal and opposite reaction, never forget this. Tick tock 🫡

Proof?

Bitcoin Gravity, not Quantum Gravity. We are waiting. How many blocks does it take?

If this statement is *not* metaphor, then there should be a framework to calculate the energy in joules for each block of time. If Bitcoin is energy, then it has a mass equivalent. If Bitcoin has a mass equivalent, it must have gravity. If it’s energy, it is physics. How long are we going to give the physicists a pass with Bitcoin guys? Come on. When are we going to stop speaking in metaphor and derive the energy framework? Are we ready to have an objective definition of Bitcoin yet? Bitcoin is 17 and it’s ready to grow up, but Bitcoin can’t grow up when it’s us who needs to change.

So where is the physics/thermodynamics to calculate the energy in joules then?

That would be awesome! My only goal has been to try and move the nature of the conversations about Bitcoin using physics/philosophy grounded in its empiricism. I think there is proof to discover about the root of our existence in the universe. A way to prove and verify the logic of a creator using this new shared external truth.

Of course, being on the ulterior of the temporal substrate in question makes this obvious. It’s also logical, as it can be reasoned from the interior of the temporal substrate as well.

https://fountain.fm/episode/0eXXWXaAJUlEIjq2z5Ug Did Bitcoin have a beginning?