My current model of it is that addresses are all possible state locations (addresses). That's location in a logical sense, but maps to the space we experience because of the way energy states transform.

Your will acts through the keys which map to your body. You are a signer, cosigning the transactions that life offers you. You have a rational intellect that grasps the order (abstract, non physical) superstructure. That makes reality intelligible to you, so that you can choose to cosign more order into the physical world. This is what it actually means to have intelligence, and be a moral actor.

You are a free intersection of temporal and non-temporal being. You have utxos (energy in time) grasp timeless order and posses a signing key. (Body, intelect, will.)

I may just not get the whole block chain fractal yet. My way of thinking of it is that the present is just one block or tensor covering the state of every address. Time is a squence of stepwise locally integrated transformations via a kernel function on the whole keyspace. (A convolution.) One key space state to the next key space state.

This is the paper we are talking about. It explores what Bitcoin might tell us about the architecture of time:

https://bitcoinlens.net/

This essay is my take on it, poorly named because it didn't end up really going into theology, just physics and metaphysics based on the insights in the paper and how I think they really flower when grounded on Thomistic metaphysics.

https://zsubmesh.net/essays/bitcoin-and-the-theology-of-time.html