The "What is Money?" Show cover image

The Future of Tech and Money: AI, Bitcoin, and the PayPal Mafia with Jimmy Soni (WiM524)

The "What is Money?" Show

CHAPTER

The Legacy of Claude Shannon in Information Theory

This chapter examines Claude Shannon's pioneering contributions to information theory, highlighting concepts such as bits, information compression, and error correction. It connects his groundbreaking work to modern digital communication and cryptocurrencies, illustrating the fundamental role of information in financial transactions. Additionally, the chapter explores Shannon's innovative journey, balancing theoretical insights with practical applications during his time at Bell Labs.

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