Bitcoin Study Sessions

Softwar Claims: Beyond Money, Hedge, and Energy (M. Carvalho)

May 11, 2026·1h 20m
Episode Description from the Publisher

Mauricio Carvalho recently published "Beyond Money, Hedge, and Energy: Evaluating Bitcoin as Power Projection Technology" as an evaluation of the claims made by Jason Lowery's Softwar thesis. Where do we stand? This paper is an empirical evaluation of nine falsifiable predictions. In just three years, five have been confirmed and one partially realized. The future is Softwar.

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