I just listened to the interview with Bruce Wagner on Thinking Liberty. There were also some other guests in the show with bitcoin knowledge. Here is the link:
http://thinkingliberty.net/tag/bruce-wagner/One of them said that bitcoin was based on wealth destruction. I cannot agree with that... Bitcoin just needs energy to operate just like any other currency system.
But another another guy said (at 50:30) that "bitcoin is based on a very specific decrease in entropy of the community tree". This sounds interesting to me, and I like to know more about it. What is the relation between bitcoin and entropy reduction? And why is this important?