Epistemology

The Case of Bitcoin, and the Epistemology of Its Parameters Working paper · Methodological research June 2026 Abstract This paper examines a class of capital-deployment methods for building positions in assets that exhibit endogenous cyclicality, using Bitcoin as its case. Bitcoin’s protocol embeds a deterministic supply-decay mechanism — the block subsidy halves every 210,000 blocks, approximately four years — producing a price history with a non-sentiment-driven periodic structure. This institutional fact is the foundation on which the method rests. ...

An operational epistemology I am not going to argue for anything. On the question of whether human beings can know the world, I have argued many times, and I have learned something uncomfortable: I am weak on that battlefield. The lines I was proudest of — the ultimate truth is faith, human beings cannot know, the world is not built on logic — each has a true first half and a conclusion that does not follow. ...