Time Standard

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Time Standard
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Time Standard explores how an accounting system based on time is realigning our planetary metabolism and 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
The Bitcoin network doesn't just tell time, it appears to manufacture it. Most clocks are passive. They observe a rhythm. They report what already exists. Bitcoin creates a temporal reality by requiring energy to advance it. The chain is less like a record of history, and more like the factory floor where history is being made.
Do we need Jobs? @Jeff Booth joined me for a second time to help unpack the question on everyone's mind. This is not a new question, but it has never been more relevant. I tried to stay out of Jeff's way on this one and revisited a few thoughts at the end. It is a consequential topic, and I'd love to know what you think!
Nature implemented the difficulty adjustment before Satoshi did. image 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. image 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 “container.” 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 “pressure” stays constant. In this graph, the steps represent the difficulty epochs applied to Avogadro's Law. image A total energy accounting system requires 3 invariants: 🔹A constant rate of measurement (a clock). 🔹A mechanism that normalizes unequal energy inputs 🔹A way to convert energy expenditure into a single comparable unit. Historically, we have never had all three because: 🔸Currencies inflate 🔸Commodity weights vary 🔸Requirements for external governance or calibration 🔸No system self-calibrates based on energy input Bitcoin changes this. Bitcoin behaves like a natural law, not a human standard.
Three steps to changing our perspective. First, we view the world through our currency. image Then we begin converting our currency to BTC. image Eventually, we stop converting everything into an arbitrary piece of paper and denominate everything in BTC. image