More brilliance from Ross.

b=1

"Bitcoin’s tick, the incremental block height pace, b, is the world’s new universal constant – silently, unstoppably, trustlessly ticking. Dependent on no one, measurable by anyone, the answer never changing, b

now has a foundational role in our lives.

Satoshi’s b-paced clock emancipated fiat time enslavement. Humanity can finally trust the ledger, demolishing our central bank chains.

b=1

Tick tock, next block."

- Ross Stevens

Source:

https://cdn.prod.website-files.com/614e11536f66309636c98688/6772064c0f83b9dad82414b4_Stone%20Ridge%202024%20Investor%20Letter.pdf

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Discussion

I love your note Fren 😊👍 #Bitcoin rolls along with no cares or worries at all as you said tick tock next block

It's an awesome read!

Bn = Bn-1 + ~10 minutes