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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 26 Oct 2018
    • Report Tweet

    Nick Szabo  🔑 Retweeted Nick Szabo  🔑

    If anybody prior to the closing decades of the 20th century had said that they "want to be in the middle ... of every payment flow in the world regardless of how it happens or what the currency is behind it", they would have been locked away in a lunatic asylum.https://twitter.com/NickSzabo4/status/1055972265559449600 …

    Nick Szabo  🔑 added,

    Nick Szabo  🔑 @NickSzabo4
    It's hard to imagine a more maniacal power-trip fantasy than wanting to control everybody else's money, but that is today's mega-finance-company CEO. The only thing crazier is actually trusting people like this with your money more than you absolutely need to. https://twitter.com/eric_lombrozo/status/1055970066888572928 …
    5:38 PM - 26 Oct 2018
    • 93 Retweets
    • 360 Likes
    • A. Pacheco Chris Wheeler ☣️ lagomorph of desolation Saurabh Gunjal (Currently ➡️ DAO Playbook 📚) Jukka Haapasaari Donna Taylor Brent Nally Lord Tennyson James Wentworth
    19 replies 93 retweets 360 likes
      1. New conversation
      2. Nick Szabo  🔑‏ @NickSzabo4 26 Oct 2018
        • Report Tweet

        I will say this tho in this CEO's favor: at least he knows that Bitcoin is currency not a retail payment rail & bitcoin-on-Visa makes far more sense than a cryptocurrency's main blockchain trying to compete directly w/Visa. In that sense he is far ahead of most in this space.

        6 replies 8 retweets 118 likes
        Show this thread
      3. Nick Szabo  🔑‏ @NickSzabo4 26 Oct 2018
        • Report Tweet

        That good knowledge sadly makes his nutty ambitions all the more dangerous for the rest of us.

        5 replies 4 retweets 62 likes
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      4. End of conversation
      1. New conversation
      2. Ruminative Orangutan‏ @Ruminorang 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        Late Stage Capitalism 😂

        2 replies 0 retweets 0 likes
      3. Nick Szabo  🔑‏ @NickSzabo4 26 Oct 2018
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        Replying to @Ruminorang

        Sadly a prior generalization of technological centralization -- railroad stations, steam-press newspapers, and deep-water ports -- were the security holes that let the Bolsheviks and many subsequent destructive revolutions took power.

        3 replies 6 retweets 26 likes
      4. som1s  🔑Ƀ‏ @shoreplant 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4 @Ruminorang

        Yup, i think it didn't took too long after Bitcoin came out, for the big finance companies to realize they are doomed,, hence they are for years already preparing the ground for centralized points of control. they play as if half dumb about it. they aren't.

        1 reply 1 retweet 3 likes
      5. Ruminative Orangutan‏ @Ruminorang 26 Oct 2018
        • Report Tweet
        Replying to @shoreplant @NickSzabo4

        It wouldn’t be sporting if they didn’t fight back. Where’s the fun in that

        1 reply 0 retweets 2 likes
      6. som1s  🔑Ƀ‏ @shoreplant 26 Oct 2018
        • Report Tweet
        Replying to @Ruminorang @NickSzabo4

        Well, in best case where Bitcoin prevails as is - and it will, it is unstoppable - it seems will mean the dismantling of states that are companies de facto,, with lots of weapons to go down with=rivers of blood.

        0 replies 0 retweets 0 likes
      7. End of conversation
      1. Yago‏ @EdanYago 27 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        It's like wanting to be in the middle of every human interaction. FB is the Visa of friendships.

        0 replies 0 retweets 2 likes
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      1. Linear Trav‏ @3DNuts 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        Ron Paul always said that money is one-half of every transaction and too important to be left up to bureaucrats. Imagine the kind of shenanigans would need to occur to make Visa's wish come true.

        0 replies 0 retweets 1 like
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      1. Just Kabir  ⚡️‏ @mysticonaut 26 Oct 2018
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        Replying to @NickSzabo4

        Sometimes I disagree with you so much it hurts, other times I remember why I love you so much!

        0 replies 0 retweets 1 like
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      1. Anthony Batt‏ @djabatt 26 Oct 2018
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        Replying to @NickSzabo4

        Maybe we should think about the loonie bin for some CEO’s

        0 replies 0 retweets 1 like
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      1. Hanakookie‏ @Hanakookie1 26 Oct 2018
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        Replying to @NickSzabo4

        Well with LN there is a possibility that Visa scale could capture lots of it.

        0 replies 0 retweets 0 likes
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      1. JD‏ @V3nLife 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        theres not enough intelligent tweets on twitter so nick has started responding to his own!

        0 replies 0 retweets 0 likes
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      1. de-cen-tra-liz-ed‏ @greg_not_so 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        Not bad for a something that used to be a non-profit, isn't it?

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Eric ⚒ ⚒ ⚒‏ @EricNestaFidel 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        templars had quite a bit of banking control at one point in time.

        1 reply 0 retweets 0 likes
      3. Eric ⚒ ⚒ ⚒‏ @EricNestaFidel 26 Oct 2018
        • Report Tweet
        Replying to @EricNestaFidel @NickSzabo4

        payment flow control*

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. BitcoinTina ☣️- "TINA" (There is no Alternative)‏ @BitcoinTina 26 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4 @francispouliot_

        Malcom Gladwell reinterpreted the Battle betweeen David & Goliath. The outcome was obvious . David used the most technologically advance weapon of his day, and Goliath likely suffered from from gigantism he was a lumbering target. Bitcoin vs Visa Priceless!

        0 replies 0 retweets 0 likes
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      1. BitcoinBigBang‏ @bitcoinbigbang1 27 Oct 2018
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        Replying to @NickSzabo4

        This is what a stock holders want to hear.

        0 replies 0 retweets 0 likes
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