Bitcoin Information Theory with Aaron Segal

<p>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.</p> <p>Other speakers include Guy Swann (@TheGuySwann), Mark Goodwin(@markgoodw_in), and Bitcoin TINA @BitcoinTINA</p> <p>0:00 Opening remarks and information on Bitcoin 2022!</p> <p>1:52 An introduction to Aaron Segal's first article for Bitcoin Magazine on Bitcoin Information Theory.</p> <p>12:22 The fundamental concepts that underpin our decision-making processes.</p> <p>21:50 Understanding inefficiency in this context, and the compound effect of systemic issues.</p> <p>23:46 The relationship between humans and their environment; negative impacts of the banking systems.</p> <p>32:22 How the growth of Bitcoin and decentralization can combat monetary entropy.</p> <p>39:49 Long-term declines in productivity; Aaron breaks down the trend and statistics.</p> <p>54:38 The pitfalls of an inflationary approach towards Bitcoin.</p> <p>1:00:00 Innovation and error correction; how things may look in a Bitcoin standard world!</p> <p>1:13:43 Creating and cementing this important mental model as a starting point to explore these theories.</p> <p><span style= "font-weight: 400;">---------------------------------------------</span></p> <p><span style="font-weight: 400;">Bitcoin Magazine is back in print!</span></p> <p><span style="font-weight: 400;">Get Bitcoin Magazine shipped directly to your front door!</span></p> <p><span style="font-weight: 400;">Get 21% off with promo code: MAG21</span></p> <p><span style= "font-weight: 400;">https://store.bitcoinmagazine.com/discount/MAG21?redirect=%2Fproducts%2Fbitcoin-magazine-annual-subscription</span></p> <p> </p> <p>