Sorry I should have been more precise. The Uber dApp founder doesn’t make tens of millions+, right?
-
-
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

-
1. Governments know about us more than we ourselves. 2. Zcash is neither unstoppable/autonomous/permissionless and not even a bearer asset. 3. True unstoppable/autonomous/permissionless/bearer token should be able to survive nuclear winter, not only the governments.pic.twitter.com/vOwnQHlL7K
-
why do you think Zcash is not a bearer asset?
-
b/c you never own
$ZEC, you only control the private key with which gives you a permission to write into Zcash database. Once Zcash database is destroyed - you own nothing. Gold and even Eurobonds are bearer assets, most cryptos today are not.pic.twitter.com/aQ4g7sWvwl -
if “nuclear winter” happens or even ECB collapses Eurobonds would be worthless too
- 3 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.