The "What is Money?" Show Bitcoin and the Power Projection Game | The Jason Lowery Series | Episode 1 (WiM124)
Physics and First Principles
- Physics studies the universe's structure using math to explain observable phenomena.
- First principles help uncover this structure objectively, especially in warfare theory.
Constants in Physics and Economics
- Physics and engineering rely on constants, enabling verification without individual opinions.
- Bitcoin may be the first constant in economics, bridging social and physical sciences.
Evolution and Work
- Evolution keeps what works, mirroring the principle of survivorship bias.
- This raises the fundamental question: What constitutes "work" in this context?
Jason Lowery from the US Space Force joins me for a multi-episode series exploring the first principles of physics, the ubiquity of organic power projection, and how Bitcoin changes the game.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
GUEST
Jason's Twitter: https://twitter.com/JasonPLowery
PODCAST
Podcast Website: https://whatismoneypodcast.com/
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Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 First Principles of Physics
00:08:14 Constants in Reality: Is Bitcoin the First Constant in Economics?
00:12:14 Evolution: What Works is Kept
00:20:00 Evolutionary Power Projection and Cooperation
00:25:05 NYDIG
00:26:12 Force Across Distance = Work
00:28:40 What is Force?
00:33:01 Entrepreneurship in the Evolutionary Process
00:40:32 Life Succeeds Because it Hedges for “Tail Risks”
00:44:03 In Between Randomness and Structure is Life
00:49:11 Mammals, Opposable Thumbs, and Fire
00:53:50 Fire in Astronautical Engineering and Mammals Harnessing Fire
00:58:35 Humanoids Collaborating and Overcoming Dunbar’s Number
01:05:06 Ideas as the Ultimate Projection of Power
01:10:36 Forms of Power Through a Physics Lens
01:14:53 The Power Projection Game
01:20:24 Shared Abstractions & Establishing Pecking Order
SOCIAL
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WRITTEN WORK
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