Holographic entanglement entropy was recently recast in terms of Riemannian flows or bit threads. We consider the Lorentzian analog to reformulate the complexity=volume conjecture using Lorentzian flows -- timelike vector fields whose minimum flux through a boundary subregion is equal to the volume of the homologous maximal bulk Cauchy slice. By the nesting of Lorentzian flows, holographic complexity is shown to obey a number of properties. Particularly, the rate of complexity is bounded below by conditional complexity, describing a multi-step optimization with intermediate and final target states. We provide multiple explicit geometric realizations of Lorentzian flows in AdS backgrounds, including their time-dependence and behavior near the singularity in a black hole interior. Conceptually, discretized flows are interpreted as Lorentzian threads or gatelines. Upon selecting a reference state, complexity thence counts the minimum number of gatelines needed to prepare a target state described by a tensor network discretizing the maximal volume slice, matching its quantum information theoretic definition. We point out that suboptimal tensor networks are important to fully characterize the state, leading us to propose a refined notion of complexity as an ensemble average. The bulk symplectic potential provides a specific canonical thread configuration characterizing perturbations around arbitrary CFT states. Consistency of this solution requires the bulk satisfy the linearized Einsteins equations, which are shown to be equivalent to the holographic first law of complexity, thereby advocating for a principle of spacetime complexity. Lastly, we argue Lorentzian threads provide a notion of emergent time. This article is an expanded and detailed version of [arXiv:2105.12735], including several new results.
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