In this episode of the Bitcoin Fundamentals Podcast, Jimmy Soni, author of "A Mind at Play" and "The Founders," joins us to discuss the life and work of Claude Shannon. We explore Shannon's groundbreaking contributions to information theory, including the concept of entropy and its importance in data transmission. Jimmy explains how Shannon's work laid the foundation for many of the technologies we take for granted today, including Bitcoin and blockchain technology. We also touch on stories from "The Founders," highlighting the tech pioneers and their innovative contributions. Join us for an in-depth discussion on information theory, Bitcoin, and the history of technology. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 02:06 - The life and work of Claude Shannon, the father of information theory. 07:10 - The foundational role of Shannon's work in modern technology. 20:31 - The relevance of information theory to Bitcoin and blockchain. 20:52 - Stories from Jimmy Soni's book "The Founders" about tech pioneers. 28:58 - How Shannon's concept of entropy relates to data transmission. 32:52 - Insights into the problem-solving approaches of early tech innovators. 40:42 - How Bitcoin investors can apply Shannon's principles to their strategies. 55:16 - The impact of Shannon's interdisciplinary approach on his innovations. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Jimmy’s book, A Mind at Play. Jimmy’s Book, The Founders. Jimmy's X (Twitter Account) Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Meyka Sound Advisory Industrious Range Rover iFlex Stretch Studios Briggs & Riley Public American Express USPS Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm