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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Nick Szabo  🔑‏ @NickSzabo4 3 Jul 2018
      • Report Tweet

      Nick Szabo  🔑 Retweeted Fiskantes

      No. Extremely few people imagined it. And Bitcoin, only its 2nd implementation, (counting RPOW as the 1st) turned out to be extremely valuable, vs. the vast piles of corpses of worthless micropayment startups that have been forgotten over the years. https://unenumerated.blogspot.com/2011/05/bitcoin-what-took-ye-so-long.html …https://twitter.com/Fiskantes/status/1014253029112074240 …

      Nick Szabo  🔑 added,

      Fiskantes @Fiskantes
      Replying to @NickSzabo4
      It was the same with Bitcoin - people imagined trustless decentralized e-currency long before they actually managed to create it, failing all along the way. That is no excuse to stop, just to learn from past mistakes. The question is: are micropayments actually wanted by market?
      14 replies 57 retweets 311 likes
    2. Fiskantes‏ @Fiskantes 3 Jul 2018
      • Report Tweet
      Replying to @NickSzabo4

      I thought there were many attempts for some kind of digital cash, but most failed to solve double spend without central trusted party.

      1 reply 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 3 Jul 2018
      • Report Tweet
      Replying to @Fiskantes

      These were digital dollars, euro, etc., not new currencies. And they weren't decentralized. Extremely different from cryptocurrencies.

      9:54 PM - 3 Jul 2018
      • 7 Likes
      • Jeff Rade ƒ´ R.1984 Anthem Hayek Blanchard Ed ⚡️ Anastasia HODL Warrior - My $BTC is not for sale
      0 replies 0 retweets 7 likes

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