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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1.  🎀 sonya supposedly  🤖‏ @sonyasupposedly 5 Sep 2019

      I wrote this and now I'm doubting it https://forum.zcashcommunity.com/t/a-grand-compromise-synthesis-zip-proposal/34812/38 … am I completely right? completely wrong? somewhere in between? I know some of y'all have cybercoin opinions, please weigh inpic.twitter.com/PmG5asrnFA

      12 replies 1 retweet 23 likes
      Show this thread
    2.  🎀 sonya supposedly  🤖‏ @sonyasupposedly 5 Sep 2019

      what I just wrote kinda conflicts with what I wrote in my review of Digital Cash 🤔 https://reason.com/2019/08/31/bitcoin-at-10/ …pic.twitter.com/RIKf9YSXRu

      While there is no centrally controlled reserve a la Fort Knox, cryptocurrencies are backed by the energy expenditure necessary for computation—the marginal cost of each newly "minted" coin or transaction, on top of the capital required to amass mining hardware in the first place.
      3 replies 0 retweets 2 likes
      Show this thread
    3.  🎀 sonya supposedly  🤖‏ @sonyasupposedly 5 Sep 2019

      perhaps the most realistic answer is that a cryptocurrency is backed by its whole ecosystem — by its egregore, and the egregore's ability to spur ongoing investment... to get the flywheel of adoption going network effects are that real shit

      3 replies 0 retweets 12 likes
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      ⓘ Dogs don't have thumbs‏ @MorlockP 5 Sep 2019
      Replying to @sonyasupposedly

      Your first tweet / new post is correct. Price is the intersection of the supply and demand curves. If there is no demand, the intersection is at $0.

      5:20 PM - 5 Sep 2019
      • 3 Likes
      • 🌿Zebbu 🎀 sonya supposedly 🤖 Dedicating Ruckus
      1 reply 0 retweets 3 likes
        1.  🎀 sonya supposedly  🤖‏ @sonyasupposedly 5 Sep 2019
          Replying to @MorlockP

           🎀 sonya supposedly  🤖 Retweeted  🌿Zebbu

          I like that you two made the same point (which I think is correct) but expressed it completely differentlyhttps://twitter.com/ZebbuFund/status/1169769005466472449 …

           🎀 sonya supposedly  🤖 added,

           🌿Zebbu @ZebbuFund
          Replying to @sonyasupposedly
          "Everything is worth what its purchaser will pay for it." -Publilius Syrus, 100 BC "Backed by energy" is unclear at best. Can I go to some kinda bank and exchange my PoW coins for gigawatts? Nah I'm counting on an intelligence valuing my damn coins someday
          0 replies 0 retweets 2 likes
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