I think you might mean the one _electron_ conjecture. It’s fun because you have anti-electrons whose Feynman diagrams look like electrons going backwards in time. So you could conceivably be observing the tangled world line of a single electron bouncing back and forward in time — sometimes observing it as an antielectron.
Doesn’t work with photons because there’s not an anti-photon.
Anyway it’s sort of a fun “woah!” moment that Feynman was so good at producing, but I don’t think it’s taken particularly seriously as a theory.