... My question is: What is the motivation of a developer / entrepreneur to build the decentealized Uber? How does she make money?
-
-
I strongly suspect this problem will be solved by adding custodians, I've thought about it very hard off and on over the last 2-3 years and that's the best I could come up with, the cryptography cannot change.
-
I don't want to get into the weeds about what SoV means, cryptoassets are better bank ledgers, they are not better gold. Cryptographic protocols are less durable than paper. Do you remember RC4?
-
Do you think we won’t have cryptoassets which reach tens of trillions (in 2018 dollars) in market cap?
-
1) Governments can seize gold, bitcoin is unseizable. 2) How do you send gold from Nebraska to Siberia 3) Bitcoin supply growth / stock-to-flow ratio will be lower than gold —> better Store of Value
-
1) https://en.wikipedia.org/wiki/Rubber-hose_cryptanalysis … BGP spoofing, weak RNG, etc etc. 2) truck, rail, boat, rail, truck. 3) Significantly easier to steal, worse SoV. (Again, this is quite nuanced and I'm not really digging into it.)
-
Gold is easier to take than Bitcoin IMHO The US Government did it in the 20th century SWAT comes and takes it are you really gonna torture 1 billion people? doubt it Rail and Boat takes 1 week Bitcoin nebraska to siberia takes <1 hour
-
Do governments torture you in order to force you to pay taxes? When there is a choice between revealing your private key or going to jail, most sane people will choose the former.pic.twitter.com/5fdDrb12P6
-
With crypto you can pretend you don’t have it (Zcash z-addr key in your head) or give the government private key of a wallet which only has a fraction of your wealth

- 7 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.