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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 29 Mar 2018
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      We will look back on the idea that government bonds can be "risk-free" as a kind of collective insanity: "Despite history and facts, associating the word 'risk' with UST is for some reason blasphemous among financial professionals." ht @michaellebowitz https://realinvestmentadvice.com/the-mind-blowing-concept-of-risk-freeier/ …pic.twitter.com/IgyCNqQBiq

      46 replies 316 retweets 786 likes
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    2. Nick Szabo  🔑‏ @NickSzabo4 Feb 12
      • Report Tweet

      If government bonds were really "risk free" than all sorts of magical wealth-from-nothing fantasies, such as MMT, would be true.

      9 replies 6 retweets 62 likes
      Show this thread
    3. Digital Currency Laboratories‏ @DCLcoins Feb 12
      • Report Tweet
      Replying to @NickSzabo4

      Love your posts and there is no such thing as risk free. There is however An inexhaustible wealth not of cash, but resources beyond our comprehension that pour into and out of the crushed material we call soil regardless of the sticks we measure with

      1 reply 0 retweets 0 likes
      Nick Szabo  🔑‏ @NickSzabo4 Feb 12
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      Replying to @DCLcoins

      Our abilities to improve the soil, while quite impressive and wonderful over the last two centuries or so, are still very finite.

      8:54 AM - 12 Feb 2019
      • 1 Like
      • Riding Unicorns to the Moon
      2 replies 0 retweets 1 like
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        2. Digital Currency Laboratories‏ @DCLcoins Feb 12
          • Report Tweet
          Replying to @NickSzabo4

          In my view it has nothing to do with humans, the inexhaustible wealth of incomprehensible resources is and will always be

          1 reply 0 retweets 0 likes
        3. Damien Del Russo  🐉 ⚡‏ @ddelruss Feb 12
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          Replying to @DCLcoins @NickSzabo4

          That doesn't mean you print currency for all of it. Is that what you mean?

          2 replies 0 retweets 0 likes
        4. Digital Currency Laboratories‏ @DCLcoins Feb 12
          • Report Tweet
          Replying to @ddelruss @NickSzabo4

          Currency is just a tiny abstraction of the infinite, long before and until these last few years currency has been the control and show structure to create difference and power over other to give an imaginary advantage in immortality.

          0 replies 0 retweets 0 likes
        5. End of conversation
        1. Digital Currency Laboratories‏ @DCLcoins Feb 12
          • Report Tweet
          Replying to @NickSzabo4

          talking creatures scratch the surface of inexhaustible wealth, and other talking creatures attempt to limit these for their power and benefit. but all the talking creatures pass while the infinite wealth is permanent and relentless

          0 replies 0 retweets 0 likes
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