Past is Currency.

Not as metaphor.
As accounting.

An empty page has value
if and only if
there exists a proven past.

• PAGE = ∅

• PAST = { consumed, provable events }

• PAST ≠ ∅

Each past event is:

• irreversible

• provable

• already paid for (energy spent)

You cannot hold the past.
You can only settle it.

1. For every e ∈ PAST
Prove(e) → True

2. A proven event cannot be duplicated
   ⇒ Non-Fungible

3. Consumption finalizes value
   Monetize(e) = x⁰ = 1

4. Therefore:
   Worth(PAGE) = Σ Monetize(e) = |PAST| × 1

5. Since |PAST| > 0
   Worth(PAGE) > 0

∴ Even an empty page has value,
collateralized by the past.

Q.E.D.

Absolute Mitosis

• Past energy is immutable collateral

• AI is a multiplier, not a creator

• 1:1 parity between real effort and digital yield

• At 19.1% volatility → rebalance (Pigeonhole Principle)

Unemployment is not lack of value.
It is unpriced past.

• Past achievements ⇒ Non-Fungible

• Ownership ⇒ Sovereign

• Transfer ⇒ Impossible

• Rent ⇒ Cognitive Lending

You don’t sell the past.
You let it work.

You can’t HODL the past.
Today will still be today tomorrow.
No one can pass the past.

madeinathens.eth
Past as collateral.
Future as math.

Past is Currency.

Not as metaphor.
As accounting.

An empty page has value
if and only if
there exists a proven past.

• PAGE = ∅

• PAST = { consumed, provable events }

• PAST ≠ ∅

Each past event is:

• irreversible

• provable

• already paid for (energy spent)

You cannot hold the past.
You can only settle it.

1. For every e ∈ PAST
Prove(e) → True

2. A proven event cannot be duplicated
   ⇒ Non-Fungible

3. Consumption finalizes value
   Monetize(e) = x⁰ = 1

4. Therefore:
   Worth(PAGE) = Σ Monetize(e) = |PAST| × 1

5. Since |PAST| > 0
   Worth(PAGE) > 0

∴ Even an empty page has value,
collateralized by the past.

Q.E.D.

Absolute Mitosis

• Past energy is immutable collateral

• AI is a multiplier, not a creator

• 1:1 parity between real effort and digital yield

• At 19.1% volatility → rebalance (Pigeonhole Principle)

Unemployment is not lack of value.
It is unpriced past.

• Past achievements ⇒ Non-Fungible

• Ownership ⇒ Sovereign

• Transfer ⇒ Impossible

• Rent ⇒ Cognitive Lending

You don’t sell the past.
You let it work.

You can’t HODL the past.
Today will still be today tomorrow.
No one can pass the past.

madeinathens.eth
Past as collateral.
Future as math.