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The Path to Bitcoin

The Path to Bitcoin

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Episodios
  • Episode #185 – ABS Ratings = Milkshake NGU

    Episode #185 – ABS Ratings = Milkshake NGU
    Feb 26 2026
    Episode #185 | Published February 26, 2026 A lender took a pool of bitcoin-collateralized loans, packaged the pool into an asset-backed security, sold roughly $188 million of bonds, and cleared investment-grade treatment on senior notes. That is not just a headline event. It is a structural transition where Bitcoin collateral gets translated into bond language: […]
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    36 m
  • Episode #184 – On the Same Page

    Episode #184 – On the Same Page
    Feb 19 2026
    Two independent research teams arrive at the same conclusion: Bitcoin blocks are quantized time. How K=IC2 reframes the bitcoin thesis through the physics of information, constraint quality, and the Cf/Cp ratio.
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    Menos de 1 minuto
  • Episode #183 – Capital in the 22nd Century

    Episode #183 – Capital in the 22nd Century
    Jan 23 2026
    A response to the paper Capital in the 22nd Century. The paper argues AI will create permanent techno-feudalism. Its starting assumptions are profoundly wrong. Wealth is not a stock of stuff. It is the set of problems we know how to solve.
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    Menos de 1 minuto
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