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Time Standard
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Time Standard explores how an emerging 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

Nature implemented the difficulty adjustment before Satoshi did.

Bitcoin behaves like a fixed thermodynamic chamber.

Avogadro’s law shows that nature allocates a constant number of energy events per geometric volume, and Bitcoin reflects this principle perfectly.

The Bitcoin network enforces a constant time (block interval/temperature) and constant volume (block size/volume).

These two together define Bitcoin’s transaction throughput envelope.

This is Bitcoin’s ā€œcontainer.ā€

It does not grow with user demand.

Difficulty (pressure) adjusts so that the number of energy events (hashes) per volume remains invariant.

As the number of miners increases, the system expands the difficulty so the ā€œpressureā€ stays constant.

In this graph, the steps represent the difficulty epochs applied to Avogadro's Law.

A total energy accounting system requires 3 invariants:

šŸ”¹A constant rate of measurement (a clock).

šŸ”¹A mechanism that normalizes unequal energy inputs

šŸ”¹A way to convert energy expenditure into a single comparable unit.

Historically, we have never had all three because:

šŸ”øCurrencies inflate

šŸ”øCommodity weights vary

šŸ”øRequirements for external governance or calibration

šŸ”øNo system self-calibrates based on energy input

Bitcoin changes this.

Bitcoin behaves like a natural law, not a human standard.

If you put information on a distorted map...

You get distorted information.

Three steps to changing our perspective.

First, we view the world through our currency.

Then we begin converting our currency to BTC.

Eventually, we stop converting everything into an arbitrary piece of paper and denominate everything in BTC.

Without tying money to time and energy, you end up with a distorted economy divorced from physics, one that can ā€œgrowā€ on paper while actually consuming itself.

Wealth is not pieces of paper.

I love the feeling of new thoughts! Keep them coming. I look forward to exploring your channel. Looks like great content!

Jeff has incredible range, and it was a privilege to seek his perspective on a range of topics. I was hopeful that others would also find it valuable. I just sat down with him again and am still digesting his unique insights. Thanks for the valuable feedback!

The fiat system expands potential consumption while the underlying actual capacity stagnates or decays.

Fuller warned that humanity had confused claims on wealth (property, money, credit) with actual wealth (energy, capability, technological progress).

Bitcoin exposes this same distortion.

Fuller understood an individual would publish Bitcoin.

Why?

Because groups cannot think šŸ’­

Corporations, institutions, and governments are all made of individuals who do the thinking.

ā€œBecause debt is a constituent of traditional government, it will be increased to eventual absurdity.ā€

—Buckminster Fuller

"Mankind literally lives inside the frame of measurement [fiat] that needs to be interrogated."

—Buckminster Fuller

"People have always believed that when they put their money in the bank, it stayed there. They had no idea it went out on loan within minutes after it came in."

—Buckminster Fuller

World Game is the antithesis of World War.

"Yesterday's preoccupation with major energy harnessing, primarily for the killing of humans by humans, now can be redirected to intelligent and responsible production of a total-humanity sustaining system."

"Political pressure was clearly causing the scientists to abandon truth."

—Buckminster Fuller

An essential theme in Buckminster Fuller's work is:

Liberation from inherited misconceptions—whether in maps, politics, race, or classrooms. Fuller frames education as the process of ā€œdecontaminatingā€ thought from obsolete fixations so that humanity can adapt to reality rather than illusions.

The necessary pretext for finding clarity was a global and finite time-energy accounting system, aka the Bitcoin network.

"I am not trying to imitate nature, I'm trying to find the principles she's using."

—Buckminster Fuller

You can’t spend money, wealth, or energy.

You can only spend time.

"The only thing that's expendable is what we do with our time-all the rest is cumulative."

—Buckminster Fuller

The more I think about it, I’ve come to realize Bucky was right.

A few great minds sensed there was more to Buckminster Fuller’s work than meets the eye.

"I've always felt that those dymaxion gadgets—cars, houses, maps, etc.—were only incidental to what you really are interested in. Could you tell me what your work is?" —Dr. Jonas Salk

But they could not put their finger on it because they did not understand Bitcoin. Today, we have the necessary tools and technology (Bitcoin) to understand one of the greatest minds of the last century.

ā€œBecause debt is a constituent of traditional government, it will be increased to eventual absurdity.ā€

—Buckminster Fuller

ā€œLocking gold away in vaults is in just this way a destruction of a resource. Complicated rules of bookkeeping (not of physics) make it nearly impossible to get at it again. So gold grows scarce, and yet there are sensible uses for gold, the seventy-ninth element. Those bookkeeping customs intimidate us like natural laws. Yet we have only to change them (ā€˜Forget the gold standard’).ā€

—Buckminster Fuller (Reworded)

ā€œThis metallic characteristic of money is no longer a primarily essential part of the internal U.S. dollar. Not only is the industrial worker of America willing to interpolate his work stint into a paper dollar-an intrinsically worthless medium-but actually prefers it to a metallic dollar.ā€

—Buckminster Fuller

ā€œIn the course of early trading, a metallic money was developed as a concentrate medium of exchange and a belief grew up as to its potentially direct value, which in due course was improperly termed "credit." Money, metalically was relatively the safest medium of temporary value maintenance, being almost non-corrosive and non-substitutable due to its rarity.ā€

—Buckminster Fuller

"Bits break up finite wholes into finite parts."

—Buckminster Fuller, 1975

ā€œWe are in for the greatest revolution in history. If it's to pull the top down and it's bloody, all lose. If it is a design-science revolution to elevate the bottom and all others as well to unprecedented new heights, all will live to dare spontaneously to speak and live and love the truth, strange though it often may seem.ā€

ā€œFrom a future educational responsibility viewpoint, nothing is more challenging than the question of how we get the 99 percent to understand technology.ā€

"Our present accounting system is at the roots of the energy problems of today."

ā€œPeople find it very comfortable to see the world, to experience reality, in square modules [dollars], and they find it disturbing—indeed threatening—for anyone to question squareness [dollars]. They do not like to hear that rectangularity [dollars] may not be innate; they do not want anyone to invalidate their scorecard of orthonormality [dollars].ā€

"What we do today is exchange goods for our TIME. People work so many hours of their TIME, for so much capital exchange value of temporal units. They do this on an ever increasing good Faith [trust] basis."

—Buckminster Fuller

"If you want to teach people a new way of thinking, don't bother trying to teach them. Instead, give them a tool [Bitcoin], the use of which will lead to new ways of thinking."

—Buckminster Fuller

Thanks for my first zap nostr:nprofile1qqsy6sd8e0ym0algfpx32jv64y2pcule5wwrwewvt4trr7s705mr8nqpz4mhxue69uhkummnw3ezuum9wgcjumn9wshszymhwden5te0wp6hyurvv4cxzeewv4ej7xmjymf šŸ‘Š

Some of you have found truth.

ā€œIntegrity of human beings is to spontaneously or courageously enact in order accordance with the truth once you find it. Not what the crowd is doing, not what the politics is doing.ā€

—Buckminster Fuller

ā€œYou have to decide whether you want to make money or make sense (sats).ā€

—Buckminster Fuller