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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. Fernando Ulrich‏ @fernandoulrich 6 Dec 2018
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      The Bitcoin dollar to knowledge ratio is reverting to the mean.

      5 replies 15 retweets 124 likes
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    2. Fernando Ulrich‏ @fernandoulrich 6 Dec 2018
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      Original term was coined by @NickSzabo4 at #labitconf 2017, I guess.

      3 replies 0 retweets 14 likes
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      Nick Szabo  🔑‏ @NickSzabo4 6 Dec 2018
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      Replying to @fernandoulrich

      h/t Friedrich Hayek for the idea that prices reflect knowledge: presumably, not a constant quality of knowledge, thus my corollary of the price/knowledge ratio as an indicator of market quality. Of course knowledge is distributed so good luck figuring out the denominator :-)

      4:08 PM - 6 Dec 2018
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      • Ariel CRF Dan Hedl Schmiegle Vake 😷 Guy Swann ⚡[Pay me in Bitcoin] Aluizio Cidral Júnior 🇭🇰 Robert Kowal💪#SilniRazem✊ Nik 🔑 Riding Unicorns to the Moon
      2 replies 2 retweets 23 likes
        1. Nik  🔑‏ @al1enz 6 Dec 2018
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          Replying to @NickSzabo4 @fernandoulrich

          first must read hayek

          0 replies 0 retweets 0 likes
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        1. Linear Trav‏ @3DNuts 6 Dec 2018
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          Replying to @NickSzabo4 @fernandoulrich

          I always start with a denominator of 0 and go from there. 😆

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