Bitcoin from First Principles
Most people learn Bitcoin backwards — starting with wallets, transactions, and technical details. The Principled Path takes you deeper: we start with the laws of physics, human nature, and information theory.
By the end, you won't just understand how Bitcoin works — you'll understand why it must exist.
Five stages that build from physics to civilization
Energy, Entropy, and the Laws of Value
"Before there was money, there was energy. Before there was corruption, there was entropy."
Discover why all durable systems obey physical and informational laws — and why money can't escape thermodynamics.
Why Trust-Based Systems Leak
"When power concentrates, corruption compounds."
Explore why groups fail to cooperate, how monetary systems degrade, and what happens when transparency is lost.
The Tools that Made Trustless Systems Possible
"When information became global, trust didn't scale. So we taught machines to remember."
Learn how public-key cryptography, proof-of-work, and distributed consensus evolved — and why Bitcoin was inevitable.
Order from Energy and Incentives
"Bitcoin isn't built — it evolves."
Connect physics, incentives, and computation into a living system of truth. Watch how Bitcoin self-regulates and adapts.
The Wider Consequences of an Honest Ledger
"When truth becomes unbreakable, everything built on truth must evolve."
Explore Bitcoin's impact on energy, verification culture, and the future of human coordination.
After completing all five stages, demonstrate your mastery by explaining Bitcoin from first principles. Choose your format and earn your badge.