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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 11 Nov 2018
      • Report Tweet

      If it's easier to enter than to leave, think twice before entering. https://en.wikipedia.org/wiki/The_Fox_and_the_Sick_Lion …pic.twitter.com/HwNDW0Nwiu

      61 replies 372 retweets 1,221 likes
    2. ChainJunkie  🌕‏ @ChainJunkies 26 Nov 2018
      • Report Tweet
      Replying to @NickSzabo4

      I assume all stable coins may run into the same problem, unless they keep their funds in a full reserve bank. Are there any that do that?

      2 replies 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 26 Nov 2018
      • Report Tweet
      Replying to @ChainJunkies

      Not that I know of, and even if they didn't it would only reduce not eliminate counterparty risk.

      6:50 AM - 26 Nov 2018
      • 8 Likes
      • Flightcrew 🇺🇸 ☣ Max Blunt ☣ AnomalousObserver Dr. Bitcoin, M.D. Bryan Boone Alexander Ainslie Jeezus Cryst Hassan Mirakhor
      2 replies 0 retweets 8 likes
        1. ChainJunkie  🌕‏ @ChainJunkies 26 Nov 2018
          • Report Tweet
          Replying to @NickSzabo4

          true

          0 replies 0 retweets 0 likes
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