Bitcoin and Philosophy (Session 5)

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Self-transcribed from the recording's audio/video with Whisper ASR, then drawn from the frozen curation of the CCRU oral archive. The identifiers below fingerprint the exact source transcript files.

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Adjudicated APPROVED 2026-07-11 (basis: owner ruling 2026-07-11: institutional recordings released except fee-charging course content; lane recent-institutional -> recent-institutional-released). Series: Landian Bitcoin. Source: audio original (.mp3).

Timestamped map

These jump targets come from timestamps preserved in the source transcript, so they work as navigational anchors rather than editorially invented section labels. Timings are approximate — they mark where a passage begins, not exact word timing.

• 00:00:01

  Hello, everyone. Welcome to Bitcoin and Philosophy's fifth session. It's actually the first session of the second module, and I'm going to pass it on to Nick to begin the seminar. Hello, Nick. Hi. Thanks, Mark. Welcome, everybody. Great to see you all. So there is, in theory, a central topic this week, which…

• 00:24:03

  And of all the things that might be critical about this, one that I think is really, gets us onto the double spending problem, and as I say, the issues that a lot of people bring up here, is that as soon as you have a code, you have a set of instructions, you have the opportunity, you first of all, have a certain kind…

• 00:49:32

  Okay. Okay. Okay. But I'm not even really sure whether we can think about a wheelbarrow full of signifiers. I mean, I don't know whether that's just a metaphor or what really, I would, without, again, knowing really, without pretending to any kind of full grasp of the topic that Ian is raising here, it seems…

• 01:13:43

  You can think of it as a codec would be another. And pressure, sure. So when I said that this aspect of the code, that it is instructional, is actually of a lower universality than the instruction that it's a mapping, it's precisely, I think, because of this. I mean, there's going to be a non-linearity in this…

• 01:38:25

  people's I'm positions on this a I've already done this kind of altruism mainstreamers distinction and with it and angle to that it's not quite also a criminal when it certainly not perfectly aligned with the different slight ankle today is a distinction lets tie it up with them this question please all to coins…

• 02:00:10

  You know, what is the value of an hour of my time on average over a year or ten years. Yeah. I mean, there was a trend that got a lot of attention at one point of people, they tended to be kind of already established celebrities releasing bonds about based on their own career potential. Oh, yeah. David Bowie did that…

• 02:22:20

  I just find it interesting. But, yeah, I don't know. I really... I mean... I mean, like to get back to the kind of hyperinflation question, the easiest way of understanding what's happening there is that money collapses as a store of value. So that when money loses that function, you simply want to move…

• 02:41:29

  Yeah, I got you, man. I'll post it. If you can do that, that would be lovely, because I usually do it, but I didn't get a chance. sure thanks Jake that's great sure yeah so I mean is everyone is everyone okay with the with the trajectory we're on here I mean if I treat it that we're going some weird diagonal line…