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Time Standard
shibuya@getalby.com
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Time Standard explores how an accounting system based on time is realigning global incentives. Fountain: https://fountain.fm/show/xXGroUZAmM2F8dsO5fbF Spotify: https://open.spotify.com/show/1gLdI80eBS2eKUtEbPRbIl Apple: https://podcasts.apple.com/us/podcast/time-standard/id1795787407 Youtube: https://www.youtube.com/@TimeStandard
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timestandard 10 months ago
The do-more-with-less invention initiative does not derive from political debate, bureaucratic licensing, or private economic patronage. The license comes only from the blue sky of the inventor’s (Satoshi’s) intellect. —Buckminster Fuller
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timestandard 10 months ago
The present wealth accounting is unrealistic. Our obsolete economic account is registering only swiftly multiplying national deficits. —Buckminster Fuller
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timestandard 10 months ago
We are in for a world of economic accounting revision of first magnitude. We will switch from a negative (fiat) to a positive (bitcoin) world economic accounting. —Buckminster Fuller
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timestandard 11 months ago
Buckminster Fuller understood that people would feel threatened if anyone questioned how they see the world. "People find it very comfortable to see the world, to experience reality, in square modules, and they find it disturbing—indeed threatening—for anyone to question squareness. They do not like to hear that rectangularity may not be innate; they do not want anyone to invalidate their scorecard of orthonormality." —Buckminster Fuller
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timestandard 11 months ago
Is this the biggest misallocation of resources no one is talking about? "You shouldn't be in business." @Jeff Booth
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timestandard 11 months ago
Buckminster Fuller understood that centralizing or decentralizing is the wrong question. The right question is, how decentralized is decentralized enough? "I have listened with great interest to discussions regarding decentralization and centralization, and I have thought that the question of whether it is valid to decentralize or centralize is unanswerable because it deals with one one-way sign in two-way traffic. It is a static question in a dynamic universe." Gold is static; Bitcoin is dynamic.
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timestandard 11 months ago
When Buckminster Fuller was asked by a 12 year old boy, How would you suggest solving international problems without violence? He answered: "I always try to solve problems by some artifact, some tool or invention that makes what people are doing obsolete so that it makes this particular kind of problem no longer relevant. My answer would be to develop a world energy grid, an electric grid where everybody is on the same grid. All of a sudden, there would be no problems anymore, no international troubles. Our new economic basis wouldn't be gold or dollars; it would be kilowatt hours."
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timestandard 11 months ago
Buckminster Fuller understood that people how feel threatened if anyone questions the way they see the world. "People find it very comfortable to see the world, to experience reality, in square modules, and they find it disturbing—indeed threatening —for anyone to question squareness. They do not like to hear that rectangularity may not be innate; they do not want anyone to invalidate their scorecard of orthonormality."
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timestandard 11 months ago
"The only thing that's expendable is what we do with our time. Everything else is cumulative." —Buckminster Fuller @Michael Saylor :
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timestandard 11 months ago
Buckminster Fuller understood you cannot own physical property. "Physical "ownership" is antientropic—ergo, eventually unsustainable." —Buckminster Fuller @Michael Saylor :
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timestandard 11 months ago
We are not used to thinking of reality as submitting to a "finite accounting system," but Buckminster Fuller was convinced it does. Fuller would philosophize: "You cannot have a fraction of an energy event." "Nature does not use Pi." He understood the importance of having an accounting system that mapped to reality. Without a true accounting system, we would be lost and misguided. I can't help but look around and see that he was right.
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timestandard 11 months ago
Buckminster Fuller understood we had to design our way out of cyclical violence. "Elimination of war can only be realized through a design and invention revolution." —Buckminster Fuller @Leon :
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timestandard 11 months ago
Without a Lever, one cannot experience the feeling of Leverage. Without Bitcoin, one cannot experience the feeling of Ephemeralization. @Leon :
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timestandard 11 months ago
Buckminster Fuller understood our intimate relationship with the environment. "Life continually alters the environment, and the altered environment in turn alters the potentials, realities, and challenges of life." —Buckminster Fuller @Jeff Booth :
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timestandard 11 months ago
Buckminster Fuller understood the need to avoid counterparty risk. "It is prudent not to go to another man's island without your own boat." —Buckminster Fuller @Jeff Booth words of wisdom:
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timestandard 11 months ago
Buckminster Fuller understood that it takes our minds more than one experience to understand the significance of an idea. "It takes literally four experiences for [the] mind to discover that there is an interrelationship significance going on here that was not to be evidenced in one experience by itself." —Buckminster Fuller @Jeff Booth here:
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timestandard 11 months ago
The Bitcoin network is an open and permissionless protocol with an insatiable appetite and buying capability. "You can't have mass production without mass distribution. You can't have mass distribution without mass consumption. You can't have mass consumption without mass buying capability. We need a broad spectrum of those who could participate." —Buckminster Fuller @Jeff Booth
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timestandard 11 months ago
Bucky and Satoshi both understood the existing system increasingly relied on trust, and that it could be taken advantage of: "As time is saved by progress, and time is in everything, all material products of industry must necessarily become lighter and lighter. It is worthy of note that this will be definitely reflected in the mirror of economic progress, the stock market, provided the time savings progress is balanced by the increase in good faith, and may be taken advantage of by those who intelligently acquaint themselves of this fact." —Bucky
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timestandard 11 months ago
Satoshi has the fingerprints of a Comprehensive Anticipatory Design Scientist. "Designing the new [time-energy] accounting system is the task of the Comprehensive Anticipatory Design Scientist." —Bucky
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timestandard 0 years ago
Cuts from a conversation with @Jeff Booth with thoughtful insights about: Building on those who came before us Passive vs active resistance Protocol or Principle Working for 8 billion people Maps and perspective Free markets, technology, and deflation Networks Energy infrastructure A new hurdle rate Education Full conversation coming soon...