GM. I bend the knee

It’s probably a good time to have another 80%+ downturn. How much fiat-debt backed bitcoin could survive $25k or lower? How long could the tourists last? To me, a chainsplit is very very bearish short term. People are pointing to certainty when it feels like Bitcoin is in its most uncertain times (short term 1-2 yrs). Feels to me like Bitcoin has to “die” for Bitcoin to live. Bitcoin’s success is uncertainly certain. Fiat is price is a terrible measure.

Fountain: Podcasts & Music

What Bitcoin Did • Bitcoin Will Never Have Another 80% Crash | Eric Yakes • Watch on Fountain

“Everything’s structurally changed.” Eric Yakes is back on the show to explain why Bitcoin may never suffer another 80% crash, and why the...

Is Bitcoin a quantum of memory? A quantum of time? A quantum of energy? A quantum of work? A quantum of entropy? A quantum of causality? A quantum of authority? Or is Bitcoin just a bounded mathematical quantum? What is a measurement?

Bitcoin transactions are really just a vector with a magnitude of finite satoshis relative to supply, pointed “forwards” in blocktime at a specific coordinate in a finite (bounded) but vast keyspace. We’ll call this domain of logic space as “Nakamoto Consensus” defined by Satoshi’s rule. A transaction is 2 points in key space (256-bit memory) separated by both a distance in block time and relative memory space. Do keys have “neighbors” literally and expressed via locality in physical meat space? Both block times have deterministic supply for perfect satoshi relativity between the two points in memory-time. The proof of work is conserved in both the sat and the bit. Bit-Coin. So is a mined satoshi relative to what the supply was at height T when the utxo was mined, or is it relative to supply at present height T_present? Perhaps it’s both? Now apply that logical vector to bits and joules defined by a thermological process searching difficulty gated logic space, the write authority of a finite bounded 1MB bitspace (blockspace) and physical memory on a distributed set of nodes all in identical synchronicity sharing the the same exact physical state of bits. What is a quantum computer? A quantum of what? What is a physical double spend? What is a logical double spend? What is a measurement? What is an invariant measure? How does a measure become and remain, invariant? Where does irreducibility come from?What happens when joules of entropy and bits of entropy are computed in one temporal (chronological) process? What does it mean that we can all verify? Don’t trust me, just ask Bitcoin yourself.

Freedom is both a binary and a vector

L0 - Bitcoin L1 - SegWit L2 - Lightning, Ark, etc. I believe all of the answers to our problems lie here in logic and thought.

Bitcoin measures the state transition of Boltzmann entropy to Shannon entropy by creating a thermological gate for a chronological state. Bitcoin is measuring the relationship of joules, sats and bits. The relationship of entropy through the conservation of energy and thermodynamics of 2nd law. Of course entropy and gravity are related. This paper is the mirror of Architecture of Time. They need Bitcoin to understand entropy. Boltzmann to Shannon. A measured block of time. They are missing the relationship of area/distance to memory (bits). How do we get these people to look at Bitcoin?

Every bit on the chain is either a debt based bit or a work based bit, both stored as real and distributed physical bits in identical configuration across X based nodes in consensus. Just an objective observation of the physics. We have a positive energy associated (+) with the work based bits and a negative energy associated (-) with the debt based bits. How are they balanced?

What percent of UTXOs are backed by fiat debt (nothing)? How many coins are “owned” only because of debt and the rejection that the work should be done first? Are the excess bits created by inflating blocksize and adding arbitrary Segwit discounting an eternal debt on the network? What about using debt to acquire UTXOs to write bits on nodes? Anyone? Can anyone logically explain proof of work using debt and fiat as the measuring stick?

Reality is the example as to why tail emissions, or demurrage is bad. Reality is defined by finite and bounded mathematical substrate. One must explain Planck Energy and Planck Temperature, Planck Time and Planck Length without reasoning from a finite boundary. Explain constants vs a varying denominator. Explain the conservation of energy without a constant measure. Explain the absolute behavior of temperature and its relationship to entropy, energy (joules), information and time. An absolute measure of temperature cannot be rationalized without an invariant denominator. One cannot even assert they are operating from pure principled reason without grounding Bitcoin’s protocol theory in objective physics and conservation law. This isn’t a matter of my opinion. What conservation logically requires trumps any of my opinions.

Bitcoin or BIPcoin?

What is Nakamoto Consensus?

If bits have energy as shown, they have a mass equivalence too. A chain split of call it ~20% of the nodes, or 20% of the bits diverge, we will see 20% of the mass of bitcoin diverge. This means that there are two representations of time/gravity competing for truth. Low temperature (fee) blocks do not add as much work as high fee blocks. Nobody knows the future, but I see almost nobody is thinking this way. Guys there’s a lot of risk here if we misunderstand the physics. I may be completely wrong, but just my perspective. Can anyone else verify?

If all satoshis are backed by provable work to trigger their subsidy and the ownership of a large majority said sats is backed by debt/printed money (no provable work), what should we expect to happen in a world where energy must be conserved? IMO the answer is both NGU and NGD. Hodling both fiat debt and Bitcoin is a double-spend in the eyes of energy.

Since fiat cannot conserve energy, there is zero intelligibility, knowledge or wisdom be found in viewing Bitcoin through the fiat lens of price. There is only deterministic deception. Due to this, I hypothesize that Bitcoin will vibrate directionally between 0/1; $0/$∞ with compression of time between the wavelengths. I don’t mean this in the absolute sense of amplitude, but in the directional sense. The bit always flips, that’s the rule. Change. I expect volatile bit flips in compressed time. This is how superposed chains of memory and potential truths get resolved across all spectrums of reality. Vol is here 🫡

Just hypothesizing/thinking aloud here. It would seem that most of the influencers and minds of the core Bitcoin space are unwilling to look at the phsycis of Bitcoin. They love to talk how it’s backed by energy, but refuse to look at the quantized energy/entropy Bitcoin measures at the quantized block level of time using thermo/physics, despite some of them being physicists (lol). We cannot move forward using fiat for reference. *If* the core chain is truly captured as many of the BIP110 people claim, we should expect to see quantum sigs role into Bitcoin very soon as the AI attacks continue to breach low entropy memory and the narrative ramps up. Personally, CC breach was the signpost of “Q-Day” in my eyes, but AoT release was the real one. A URSF for quantum sigs feels like a low probability feat now. One more large breach and the fear could consume the network. On the flip side of the physics, a proof of work change is non-negotiable. AoT logically points to safety by defining entropy logically in the Bitcoin Lens; no quantum threat, AI mitigated via knowledge of entropy in both bits and joules. Bitcoin is the measurement, and you cannot have an invariant objective measure by arbitrarily redefining the work, the constants and their temporal relationships wrt supply and emergent user behavior. A standard is a standard for a logical reason. It’s like changing the meaning of 1’ and expecting to remain in consensus with all people who used 1’ before the change. IMO, best to hibernate for the 2016 adjustment *if* you believe 110 is the proper chain. The phsycis stands, Bitcoin is and always will be the answer. I am currently doing my own research and experiments to see if an alternative consensus valid path is available. I’ll let you know if I manage to verify a possibility. In the spirit of Satoshi, all work must be verified. There are some parts of my own work/life that need additional verification and attention. Do not let fiat be the number to verify and guide your logic, you might one day find yourself lost as I have. I too bought the lie that debt was good if it meant I “owned” some Bitcoin. Stay safe out there, the energy has forked into 2. Until resolution, expect the unexpected.

Agreement ≠ Consensus

What is the website that shows the version number of bitcoin nodes in the network that are actively running?

Superposed entropy must be understood 👀

To the BIP110ers who are demoralized. A proof of work change is not the answer. That will be the ultimate death by deception. Find another consensus valid path.