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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. Pierre Rochard‏ @pierre_rochard Mar 2
      • Report Tweet

      Pierre Rochard Retweeted Nathaniel Popper

      There are 4 million NYTimes subscribers There are 7 million Bitcoin users NYTimes has failed to get mainstream consumer adoptionhttps://twitter.com/nathanielpopper/status/1101547231667056640 …

      Pierre Rochard added,

      Nathaniel PopperVerified account @nathanielpopper
      Many Bitcoin advocates took umbrage at the suggestion, in out story yesterday, that Bitcoin had, as of now, failed to get mainstream consumer adoption. I'm curious how many crypto advocates really believe that Bitcoin or any other crypto has gotten mainstream consumer adoption.
      43 replies 194 retweets 1,078 likes
      Show this thread
    2.  🌈 🦄 Bitcoin (BSV)  🌈 🦄‏ @sheikki Mar 2
      • Report Tweet
      Replying to @pierre_rochard @NickSzabo4

      There's no way 7M people are using BTC daily

      1 reply 0 retweets 3 likes
    3. Ramon Tayag‏ @rtayag Mar 3
      • Report Tweet
      Replying to @sheikki @pierre_rochard @NickSzabo4

      Is sending transactions the only activity you consider valid? Can someone be using bitcoin without sending transactions?

      1 reply 0 retweets 2 likes
    4.  🌈 🦄 Bitcoin (BSV)  🌈 🦄‏ @sheikki Mar 3
      • Report Tweet
      Replying to @rtayag @pierre_rochard @NickSzabo4

      No, and simple math proves that 7M daily BTC users is impossible. BTC is limited to about 3 transactions per second. 86,400 seconds in a day, thus maximum of 3×86,400=259,200 transactions per day. But muh SegShit.. even with it, nowhere near enough throughput for 7M people

      1 reply 0 retweets 0 likes
    5. Pierre Rochard‏ @pierre_rochard Mar 3
      • Report Tweet
      Replying to @sheikki @rtayag @NickSzabo4

      Holding is using.

      1 reply 0 retweets 6 likes
    6.  🌈 🦄 Bitcoin (BSV)  🌈 🦄‏ @sheikki Mar 3
      • Report Tweet
      Replying to @pierre_rochard @rtayag @NickSzabo4

      No it isn't. That is one of the shittiest 1984 style doublespeak attempts I have ever seen. Walking is running. Swimming is flying. Not-using is using.

      3 replies 0 retweets 1 like
    7. Pierre Rochard‏ @pierre_rochard Mar 3
      • Report Tweet
      Replying to @sheikki @rtayag @NickSzabo4

      The three universal phases of Bitcoin usage: 1. Utility (receiving btc) 2. Speculation (holding btc) 3. Utility (sending btc) Each phase is important! The UX of all three continues to improve simultaneously thanks to the division of labor and specialization

      4 replies 7 retweets 44 likes
    8.  🌈 🦄 Bitcoin (BSV)  🌈 🦄‏ @sheikki Mar 3
      • Report Tweet
      Replying to @pierre_rochard @rtayag @NickSzabo4

      4. The death of BTC when miners move to the economically viable chains

      1 reply 0 retweets 0 likes
    9. Pierre Rochard‏ @pierre_rochard Mar 3
      • Report Tweet
      Replying to @sheikki @rtayag @NickSzabo4

      the marginal miner moving to a more profitable chain happens *all the time*, back and forth between different sha-256 chains, it's a complete non-event, dunno why some people are so obsessed with that

      3 replies 2 retweets 12 likes
      Nick Szabo  🔑‏ @NickSzabo4 Mar 3
      • Report Tweet
      Replying to @pierre_rochard @sheikki @rtayag

      It's one of those things, like exchanges sharing their KYC/AML info, that many shysters in this space try to pretend doesn't happen.

      12:54 PM - 3 Mar 2019
      • 1 Retweet
      • 15 Likes
      • Duke Leto finrekt ₿₿₿ ☣️☣️☣️ Pierre Rochard Alan [Doesn’t post unsafe links] Siefert Rory dillon teague devoe Joseph Wein₿erg ⚡️ Mr.Hodl🌕🍿
      0 replies 1 retweet 15 likes

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