Proof of Work | Sovereignty Through Mathematics Chapter 5 | Bitcoin Infinity Academy #6

This episode of the Bitcoin Infinity Academy covers Sovereignty Through Mathematics Chapter 4: Proof of Work

The discussion covers the intrinsic value of proof of work, its evolutionary metaphor, and why Bitcoin's finite supply and difficulty adjustment algorithm make it superior to other assets like gold and fiat currencies. The hosts also explore some thought experiments, including Bitcoin's role in a simulated reality.

Read the chapter on Nostr: https://primal.net/infinity/sovereignty-through%20mathematics%20chapter%205:%20proof%20of%20work

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The Bitcoin Infinity Academy is an educational project built around Knut Svanholm’s books about Bitcoin and Austrian Economics. Each week, a whole chapter from one of the books is released for free on Highlighter, accompanied by a video in which Knut and Luke de Wolf discuss that chapter’s ideas. You can join the discussions by signing up for one of the courses on our Geyser page!

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00:00 Introduction
01:15 Moose and Other Evolutionary Observations
09:01 Proof of Work and Energy
14:50 The Fundamental Principles of Bitcoin
23:11 How Mining Works
27:46 Bitcoin vs Altcoins
34:19 Proof of Work and Simulation Theory
42:15 Wrapping Up