It's striking how nonchalantly Santoshi lays out Bitcoin's monetary policy No nobel laureates or rigourous academic studies, just a hey it's 21m w distribution cut in half every 4 years. Done. https://satoshi.nakamotoinstitute.org/emails/cryptography/16/ …
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Replying to @RyanSAdams
I think it's the proof he never thought crypto would reach current level of adaption, and a reason why monolithic approaches make no sense on the long term. Digital scarcity and predictable economic policies based on consensus doesn't mean immutability.
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Replying to @cryptodiario @RyanSAdams
false. he said “you might want to buy some if this takes off”. and its adoption not adaption.
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Replying to @MustStopMurad @RyanSAdams
Well, I am not a Satoshi hagiographer, but cultivated enough to know the correct spelling of the word "adoption" -despite not being a native english speaker. I wasn't irrespectful with btc, I see it as the genesis of a lot of things I fell in love with last summer.
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That being said, I don't commune with the idea of Satoshi as a kind of god or a person with papal infallibility.
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"If you look into the first couple of years of development, you realise that Satoshi didn’t know everything and he was actually learning along the way. He made a number of changes to the protocol after it had been released...
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Some of them were implemented in contradiction to the white paper itself."That's Jameson Lopp and though he's not talking about underlying economic policy is a good example of what I am talking about.Satoshi deserves a lot of respect but libertarians should not venerate any idols
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agreed with most of what you said, I don't consider Satoshi as any kind of godly deity. I do think he considered it a possibility this could get big though.
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