Time-Energy Money

Makoto Shibuya explores the intricate relationship between time, energy, and money, particularly focusing on Bitcoin as a revolutionary form of currency. Energy without time is just a promise. He emphasizes the importance of time in understanding energy's actual value and how Bitcoin represents a shift to a system that incorporates time energy, providing a more accurate reflection of work done and resources consumed.

Takeaways

• The difference between energy alone and energy through time is often misunderstood.
• Energy structured over time leads to sustainable outcomes.
• Bitcoin records energy that has been irreversibly committed over time.
• Each block in Bitcoin's chain is proof of energy transformed in sequence.
• Current financial systems measure potential rather than actual power.
• Bitcoin flips the script by tying energy to time in its ledger.
• Time energy is verifiable proof of work done in the physical universe.
• Energy without time leads to wasteful potential.
• The synchronization of time and energy creates a self-balancing system.
• Bitcoin is the first time energy money in human history.