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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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    Nick Szabo ⚡️‏ @NickSzabo4 Sep 19

    On cryptocurrency in 2008: "one of the strangest proposals I've ever seen for monetary reform...Gold is a good claim because...it represents the opportunity cost of digging up more gold. But why is evidence of past expenditure of computer power valuable?" https://web.archive.org/web/20080516095457/http://www.poorandstupid.com/2008_04_13_chronArchive.asp#3079142232624095259 …

    10:13 PM - 19 Sep 2018
    • 65 Retweets
    • 249 Likes
    • Crypto Morty Crypto Owl Abdu Mad UAEXvBNKs CoinConspiracy Flightcrew 🇺🇸 Chris Johnson TomWithTheWeather Arto Bendiken
    17 replies 65 retweets 249 likes
      1. MyCryptoDad‏ @MyCryptoDad Sep 19
        Replying to @NickSzabo4

        If They Only Knew How Good Things Were Going to End Up. Love the History of This Space, Keep em' Coming.

        0 replies 1 retweet 3 likes
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      1. Liberty.Crypto.Holo‏ @Orbital_Lexicon Sep 19
        Replying to @NickSzabo4

        The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

        0 replies 0 retweets 8 likes
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      1. New conversation
      2. Vlad Costea  ⚡️‏ @TheVladCostea Sep 20
        Replying to @NickSzabo4

        If you ask economists today what they think about Bitcoin, they will provide the same answer: “gold has scarcity and intrinsic value, fiat is used to pay taxes, so what do cryptocurrencies do? They’re wasteful and much like digging holes for no purpose at all.”. Nothing’s changed

        1 reply 0 retweets 2 likes
      3.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @TheVladCostea @NickSzabo4

        Eh, this is why we need better high education. 😅

        1 reply 0 retweets 1 like
      4. Vlad Costea  ⚡️‏ @TheVladCostea Sep 20
        Replying to @herp_derpshades @NickSzabo4

        Sometimes I wonder if Nikola Tesla had the same struggles competing against Edison’s influence over the electricity market. The wealthy elite is always defensive in regards to disruptive inventions, and their hound dog intellectuals tend to be equally hard-headed.

        1 reply 0 retweets 1 like
      5.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @TheVladCostea @NickSzabo4

        I think there's a certain curve people fall into... Let's say the 60% of people simply don't care about the 'money debate'. Of the remaining 40%, 3/4 fall into the 'useless intellectual' spiral- whereas they feel their formal education makes them intelligent and grants authority.

        1 reply 0 retweets 0 likes
      6.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @herp_derpshades @TheVladCostea @NickSzabo4

        They encounter these arguments and blither thru them with moot points, like someone advocating for more central government in our lives while simultaneously admitting that it is a root of many systemic problems we face. The last 1/4 of us know it's not a money debate.

        1 reply 0 retweets 0 likes
      7.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @herp_derpshades @TheVladCostea @NickSzabo4

        E.g. we are 10% fighting the 'idiot intellectual' 30% that are promoting systems that more than likely harm most of the remaining 60% (depending where they fall on the economic spectrum)

        2 replies 0 retweets 1 like
      8.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @herp_derpshades @TheVladCostea @NickSzabo4

        It's like being a proponent of evolution in a religiously fervent town 100 yrs ago. Maybe that's not a great analogy. But it's hard to get people to buck such rooted beliefs, especially if they got 'accreditation' thru their 'noble institute' that placed blinders on their visionpic.twitter.com/9LppwriaNt

        1 reply 0 retweets 1 like
      9. Vlad Costea  ⚡️‏ @TheVladCostea Sep 20
        Replying to @herp_derpshades @NickSzabo4

        I think a better comparison is Plato’s cave. It’s not the individual’s fault for being stuck in the cave, but thankfully the internet helps us escape (or at least give us the illusion of freedom).

        0 replies 1 retweet 1 like
      10. End of conversation
      1. Adam Byrne‏ @adamabyss Sep 20
        Replying to @NickSzabo4

        Nick, thanks for the timely reminder that you are indeed #SatoshiNakamoto - creator of #Bitcoin. Do you have any special plans for the 10 year launch anniversary in January? Best wishes from Ireland and Tobago.

        0 replies 0 retweets 3 likes
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      1. 𝙲𝚛𝚢𝚙𝚝𝚜𝚑𝚎𝚎𝚝𝚜‏ @cryptsheets Sep 19
        Replying to @NickSzabo4

        Planning the big reveal for the 10 year anniversary?

        0 replies 0 retweets 3 likes
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      1. GTF‏ @Linekiller28 Sep 19
        Replying to @NickSzabo4

        this is Gold...

        0 replies 0 retweets 3 likes
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      1. #HODL $BTC - mass adoption imminent‏ @_Dumb_Genius Sep 19
        Replying to @NickSzabo4

        We owe you so much sirpic.twitter.com/3ClSIMC2Hp

        0 replies 0 retweets 4 likes
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      1. New conversation
      2. oo‏ @___oo Sep 19
        Replying to @NickSzabo4 @notsofast

        NS is SN backwards

        1 reply 0 retweets 2 likes
      3. oo‏ @___oo Sep 19
        Replying to @___oo @NickSzabo4 @notsofast

        Does that count as a puzzle calculation?

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Mikers‏ @mseiler1 Sep 19
        Replying to @NickSzabo4

        You care about ethereum at all? I helped build up mineable "bitgold" on ethereum - using evm as a central timestamp server - #0xbitcoin - links pinned to my page

        0 replies 0 retweets 1 like
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      1. New conversation
      2.  ⚡charrles  ⚡‏ @herp_derpshades Sep 20
        Replying to @NickSzabo4

        This is a fantastic explainer. Went ahead and grabbed the Szabo response to the question and put it here to save people from digging too hard 😉 @VoltzRoad this is a great read if you haven't.pic.twitter.com/JAIkd8Ny2n

        1 reply 0 retweets 1 like
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