Bitcoin, Technology, and Civilization. Pt 1/17

Executive Summary Thread, Introduction, and Letter to the Reader

Section 1 of a 45,000 word document I put together between November 2024 and January 2025 outlining a concept for a new sort of research institution to build the foundations for the next 500 years of particular physical technologies, which I quickly found out the bitcoin OGs (at least handful I reached) felt too poor (fiat mindset) to afford. I decided it was worth publishing to share certain key paradigms of tech advancement. If someday anyone decides to be serious about investing, they may find some of this content useful. It also establishes a record of my thinking at that time.

Executive Summary Thread

Everyone seems to want to just go and build some particular thing. No one else will do what is needed to build that which enables building the things that cannot be built today, the technologies that define the capabilities for the architectures after next. You might think it strange that you would be called upon to capitalize these activities, but I also found it strange that I could not simply build the world's most advanced materials & manufacturing capabilities, and simply go forward. I have known for about 7 years that I would come to you in some capacity... I suspect part of you knew to expect someone like me would come, possibly since a time in the 8-9 years prior to that. This is where fixing everything begins.

1. Mach Prime is being founded by Delta, Dirac, whose prior work in bleeding edge materials \& manufacturing capabilities represents multiple global superlatives, which were enough of a step forward to make the most powerful organization in the history of the world more powerful: sufficiently advanced technology is politically interesting, but it is extremely rare that individual contributions hit this mark.

2. Remarkably, the fiat world is surprisingly slow to advance capabilities in this category, as by their very nature, it is rather challenging to anticipate them -- tautologically, if they were easy to anticipate (highly legible in nature) and extremely valuable, they would already have been done.

3. Moreover, as such advancements typically represent novel technology paradigms, the fiat world can be slow even once it has been established and is placed on the roadmap across the world's most advanced weapons systems in an integral capacity -- in fact, as the Department of Defense is the first institution to ``take notice,'' further expansion beyond advanced weapons can be curtailed by decades if one falls into the classified black hole too quickly.

4. Beyond the defense specific challenges, there are a number of nearly universal behavioral/economic/psychological patterns that preclude the development of certain classes of technology, and this can be tricky to notice because it is inherently difficult to notice things that are not happening, especially when they are of the hard to anticipate variety!

5. Due to the technical achievements and the series of events surrounding [], Delta Dirac uniquely developed the most comprehensive understanding of this meta paradigm of technological advancement, with actual mechanistic explanations of the underlying fiat dynamics, as opposed to the vague and obvious notions that a bitcoin standard will accelerate the pace of technology.

6. By recognizing and exploiting these gaps in the fiat world, Mach Prime will be able to lead technology advancements with an objective of outperforming the fiat world by 10,000x. Specifically, a 10x overmatch on $100b of venture capital, starting with 1000 bitcoin.

7. Though some people will suggest 1000 btc is a lot, it would be more reasonable to think it is not enough -- when this institution proceeds, it is reasonable to predict that 5000 bitcoin will follow within the first decade, and over $1 trillion (2025 dollars) in capital investments in for-profit users of the technology over 25 years.

8. The core elements of the fiat failures emerge principally from factors related to: 1) time preferences; 2) legibility; 3) scale; 4) various category errors; 5) Earth's value chains.

9. There are extremely high leverage, low level technologies that have seemingly all-encompassing outcomes. The primary outcome domains here are: 1) step changes in primary energy generation from micro to very large systems; 2) step changes in aircraft capabilities across the gamut; 3) step changes in precision, upon which all modern technology rests. Oh, and that last one has implications for chips. ;)

10. In the rest of this summary, we will briefly expand on these points and the underlying fiat paradigm errors, which we will be able to circumvent.

11. Time Preference: Fiat of course has a high time preference, which leads to a focus on roughly 3 year outcomes. As the world today is largely communist, with money managers acting as party members, the world and capital is almost entirely controlled by people constrained by incentives on this time preference. Bitcoin, while theoretically low time preference has a number of quirks in the interregnum, such as the highest possible time preference due to a painfully high time value of money.

12. Legibility: Fiat dynamics lead to financial uncertainty, even for billionaires, which leads to decisions driven by fear, and fear is mitigated by maximizing legibility. Legibility maximization is fundamental to the doctrine of the State. Unfortunately, this psychological mode is fundamentally antithetical to and incompatible with the nature of technological advancement, which is full of illegibility.

13. Scale: Large development projects (e.g. energy, civil infrastructure, etc) is attempting to do something that is highly legible and known to work: you do not want a billion dollar power plant to be an experiment. However, fiat-driven fear pushes this sort of thinking down to very small hardware systems, which means that the portion of capital that is going to an innovative element is negligible. This leads to the phenomenon of the well-funded 100 flying car startups, 100 microsatellite startups, 100 3D printing startups, 100 drone startups, and 100 rocket launch startups. Even when 1 or 2 do succeed, it obviously has very little going for it in the grand scheme of things.

14. Fiat people feel that something is missing, so they compensate with a barbell of nonsense cargo-cultings of hyper-ambitious projects led by grifters such as hypersonic commercial aircraft, metal 3D printed rockets, Mars colonization, fusion energy, and other such absurdities that make being a sociopathic grifter who is willing to lie about what is possible table stakes to access fiat, and serving the investor by giving them plausible deniability for their high failure rate.

15. Category Error 1 (Tech vs Product): Much of what passes itself of as technology centric venture are actually product-centric ventures, which as consumers of established technology appear novel and exciting to lay enthusiasts, which technology investors are. Products are great, but they are not the prime movers of civilization, and when everyone is chasing the low-hanging fruit, the low-hanging fruit becomes building a new type of machine to pick higher fruits.

16. Category Error 2 (Engineering vs Science): There is an erroneous and widespread belief that paradigm shifting advancements require scientific breakthroughs, and that the engineering and commercialization takes place following this. The reality is that ordinary science does not make meaningful advancements, and it is done within the confines of systems that engineers have made observable. It is primarily through certain types of engineering efforts, principally, those involving the development of novel process / machine architectures through which fertile ground for scientific inquiry emerges. This technology layer can be relevant across all products, but the two-step nature makes it unattractive under fiat time preferences.

17. Value Chains (Subjectivity and Objective Measurement): The fiat mind operates in a deeply qualitative and emotional way, which seemingly aligns with the Austrian principle that all value is subjective. However, every single subjectively valuable good or service is built upon technological foundations, which are quantitative, objective metrics (stronger, lighter, ) -- these metrics seemingly come into consideration when economic decisions are made, but legibility marks down the ability to shift the raw metrics with novel technology to 0 similarly to how a bank may consider a billion dollars of bitcoin collateral to have a value of 0.

18. Mach Prime: This organization will be a total departure from the fiat incentives, and in effect, arbitrage the massive loss of unrealized upside from certain technological advancements, and do so within the fiat-to-bitcoin interregnum rather than waiting for fiat to die to get started. Mach Prime will be a non-profit to escape the time preference challenges that force myopia and turning the entity into another MSTR; Mach Prime will hold bitcoin, incentivizing a slow burn rate; Mach Prime will build the small, enabling technologies that emerge from new types of machines that enable the manufacturing of new classes of materials, which will transform the sorts of end-use machines that can ultimately be made; Mach Prime will sell parts, and open-source IP, enabling the organization to persist and focus on engineering rather than wasting time fundraising; Mach Prime will form an institutional model that others will copy, and seed for-profit spinoffs as needed to preserve the core mission while integrating into the fiat world.

19. Energy Generation: The work of Mach Prime represents technologies that will offer a step-change in performance with a high degree of invariance to the generation system in question. This is what happens at the underlying materials \& manufacturing layer. This means the entire world is interested. Additionally, it is particularly beneficial for the developing world where electricity costs are the highest due to the inherent inefficiencies of small scale diesel, and lousy solar or wind. The ability of poor regions of the world to begin developing is the critical bottleneck to decentralization, which is the exact same set of technologies that are desirable for sovereign microgrids or powering very large compounds.

20. Aircraft Capabilities: Airborne systems are inherently expensive, as they are perpetually expending energy to stay in the air. Aircraft are three orders of magnitudes more expensive than ground vehicles upfront and have a much, much higher OpEx to CapEx ratio. After energy, aircraft of all types are the principal beneficiaries of novel, superlative capabilities in advanced structural and thermomechanical materials/manufacturing capabilities. Bitcoin enables monetary liquidity and freedom of flight enables liquidity in human capital, and the more digital technologies advance, the greater the demand for physical movement. Autonomous aircraft will further this trend, with the addition of increased liquidity of physical goods, as well as accelerating the trend toward the defender's advantage at the individual to nation state level. There is no separation of energy and aerospace from defense, but accelerating technology decreases conflict, and avoiding anything that touches defense simply guarantees your irrelevance to the world's continued advancement, avoiding defense as a blanket rule must really be seen as a luxury delusion of moral superiority.

21. Precision: Every technology depends on carrying out certain tasks with a high degree of precision, whether the pointing of a laser for free space optical communication, the placement of a transistor, or the movement of a robotic arm. Leap ahead materials and manufacturing processes will enable precision across mechanical loads, thermal stresses, and enable efficient transport of vibration and heat, which may impede functionality in a myriad of ways. Moreover, this leads to a recursive flywheel of iterative optimization of the things that makes the things.

Introduction

Mach Prime will develop, and operate novel machines for the primary purpose of enabling and deploying radically new materials and manufacturing capabilities to the benefit of the world's aviation, space, security, transportation, and energy capabilities. Mach Prime will make these technologies and their applications broadly available through the provision of parts, machines, and services as needed, while also seeking to promote a broad, competitive base of suppliers to expedite the commoditization process for these novel capabilities with open-source patents, among a number of other tactics. Additionally, Mach Prime will have minor operations in synergistic educational and investment activities.

Mach Prime will have far-reaching implications in defining and greatly expanding what is possible in the 21st century, with ramifications that will ripple in perpetuity for the duration of human civilization's existence as part of the critical path of technological advancement. This eternal tapestry is what indicates true technological advancement. Mach Prime will become the singular highest leverage organization advancing human civilization. Mach Prime is on track to be the first ever bitcoiner-driven¹ advanced hardware organization.

Mach Prime will be structured unlike any organization to precede it, and there is a limited ability to draw comparables. So before we can simply get into the matter of what or how, we have a number of whys. There are five questions we must satisfactorily answer. We list them here, along with our claims. Part I of this document comprises a collection of essays in defense of these claims that may seem absurd at face value, while Part II provides a more direct overview of the organization itself.

1. Is it really possible to form and sustain such a “10,000x organization?” Yes.

2. Why is this necessary? Surely there are already a huge number of organizations working on the most important, high impact engineering problems in hardware and energy? Aren't there people out there who invest in these areas who would be much better at allocating capital than me? There are not.

3. How can you be so confident that you and only you can lead the organization that will achieve these results? I have already (uniquely) demonstrated the generating principles in prior companies/technologies, and the principle can be repeated in different contexts. tl;dr I am a co-inventor on the world's highest performance structural & thermostructural materials & manufacturing process, and I witnessed how the fiat world responded to its emergence.

4. If there is such immense value, can you just make it a for profit venture instead? No.

5. If I like these ideas, why not wait until bitcoin is 100x higher and then work on them? Life is finite and attempting to make up for time with money is a bit like acceleration approach the speed of light.

Letter to the Reader

I must begin by profusely apologizing for the current state of this document. Alas, over the past several months, the necessary components of this document spiraled out of control in excess of 45,000 words, and unfortunately, I do not currently have the time to go through and edit everything. I will provide 1 anecdote and 1 gift in attempt to remedy the situation.

In 2017, I somewhat hastily wrote a proposal, which I had to submit without editing (somehow I managed to get Raytheon to give us a support letter with a 1-week turnaround!) Our CEO was confident the proposal would be rejected, but we won. The work that started there would go on to be funded by the Missile Defense Agency -- it went beyond the realm the NSF academics could wrangle, and today it is foundational to the roadmap on a number of the world's most advanced weapons systems, and note, the vehicles that shoot down inbound missiles are themselves missiles too.

My premise here is simple: if the substance is good enough, the editing will not move the needle either way. And although this institution represents for me a return to my life's work, and as certain as I may be that I have turned myself into a singular Schelling point for the advancement of physical systems amidst bitcoiners such that the funding of this institution is inevitable, I still must consider the inherent 3rd party risk. I would have preferred to take the time to edit, but I am co-founding a company that I can only allow so much distraction from as it is remarkably more pivotal to the national security and the future of civilization -- it is quite likely something that will not be publicly disclosed, and I even hesitate in disclosing that piece of significant metadata.

What we have in this treatise is more than enough to evaluate. Editing is mostly a matter of how pleasant the experience of reading it, and as of now, the interesting bits will include a greater degree of monotony, redundancy, and perhaps not always relevant ramblings. That is the price for substance. You might call me a thinking-first as opposed to writing-first writer, and given that the standard financial prospectus or fluff musings of “professional” money managers typically offer neither, my hope is that on the balance, this will be refreshingly different. Still, it is not reasonable for me to simply ask you to impair your quality of life by enduring this for nothing, so I have a gift to cure the damage I ask you to take here. I have developed a number of consumer hardware products that improve the quality of human life, and do so on a fundamental biological level such that it is quite likely relevant to you. The discount code [end of paragraph redacted].

Finally, if you wish to read something thematically similar that is better written, though less specific, I would suggest The Nature of Technology: What it Is and How it Evolves, by Brian Arthur, and The Structure of Scientific Revolutions by Thomas Kuhn. That's the consumer version. This lets you be an active participant. In an ideal world, the barrier here will help ensure I am selecting for the right sort of people.

If there is something missing, or you have some questions, I welcome beginning a dialogue, and even a polished document would surely leave you with a number of questions.

Sincerely,

Dirac Delta (@ DeltaClimbs)

[Substack addendum: seems I was proven right that it was not worth wasting time editing!]

1. Not simply because bitcoiners by definition have all the money, but primarily because it is only bitcoiners who will be capable of grasping this thesis in its totality, regardless of whether they have a relevant technical background.