135 min listen
Bitcoin and Social Entropy | The Geoffrey West Series | Episode 2 (WiM145)
Bitcoin and Social Entropy | The Geoffrey West Series | Episode 2 (WiM145)
ratings:
Length:
76 minutes
Released:
Mar 1, 2022
Format:
Podcast episode
Description
Theoretical Physicist Geoffrey West joins me for a multi-episode series exploring his excellent book "Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies." Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTGeoffrey's Book: https://www.amazon.com/dp/B010P7Z8J0/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1Geoffrey's Profile: https://www.santafe.edu/people/profile/geoffrey-westPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 Sub-Linear and Superlinear Scaling00:05:38 Positive Feedback Loops as Drivers of Super-Linear Scaling00:08:49 Transaction Costs Scaling Sub-Linear to Network Size and Bureaucracy00:13:18 What is the Fractal Architecture of Networks Optimizing For?00:17:43 Structural Integrity as the Limiting Factor on Network Size00:21:55 Hydrodynamics and Gravity as the Limiting Factors on Organism Size00:26:25 The Self-Regulation of Human Population Growth00:30:14 Biology is Replete with Self-Limiting Phenomenon: Is Economics?00:31:43 The Strength of Private Property Rights as Socioeconomic Structural Integrity?00:35:40 Taking a Physicist’s Perspective on Biology and Socioeconomics…00:41:47 The Super-Linear Scaling Laws of Cities00:44:11 The Super-Linear “Social Metabolic Rate” and Open-Ended Growth00:48:31 What is the Role of the Individual in Scaling Socioeconomic Systems?00:50:00 NYDIG00:51:08 All Human Rights are Derivatives of Property Rights00:56:10 The Inherent Instability of Human Consensus and Human Hierarchies01:00:24 The Pathologization of Human Hierarchies and Mass-Psychosis01:02:44 Bitcoin and the Exportation of Social Entropy01:07:45 In a World Where Property Rights Were Perfected…01:12:00 Liberalism Used to Mean Low to No Government…SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack
Released:
Mar 1, 2022
Format:
Podcast episode
Titles in the series (100)
The Saylor Series | Episode 1 | The Rise of Man through The Stone and Iron Ages: Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build an intellectual foundation for grasping the significance of Bitcoin in the grand arc of history. by The "What is Money?" Show