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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. Bitrates‏ @BitratesNews Mar 14
      • Report Tweet

      Seriously a must read for those interested in debates around crypto governance, "code is law", and Bruce Schneier's critique of crypto-economies @NickSzabo4 @VladZamfir by @rhyzom00https://www.bitrates.com/news/p/szabos-law-crypto-libertarianism-techno-utopias-and-decentralized-governance-part-1 …

      5 replies 41 retweets 82 likes
    2. Joel Kaartinen  ⚡‏ @jkaartinen Mar 15
      • Report Tweet
      Replying to @BitratesNews @NickSzabo4 and

      This drive against "code is law" principle seems very odd to me. I mean, there certainly could be a place for systems that don't follow it, but I get the vibe that they want to make the systems following it go away. Frankly, I can't see that happening.

      2 replies 0 retweets 2 likes
    3. Joel Kaartinen  ⚡‏ @jkaartinen Mar 15
      • Report Tweet
      Replying to @jkaartinen @BitratesNews and

      The systems with the "code is law" principle are built to be independent. Even if they're made illegal, they'll still exist and function. As long as they're useful for enough people. They're resilient enough for that.

      1 reply 0 retweets 3 likes
    4. Joel Kaartinen  ⚡‏ @jkaartinen Mar 15
      • Report Tweet
      Replying to @jkaartinen @BitratesNews and

      Also, this "code is law" principle was likely the only way to successfully bootstrap a currency without a pre-established state power placing it's weight behind the system. A system like this is much easier to trust than "random" humans with non-existent reputation.

      0 replies 0 retweets 5 likes
      Nick Szabo  🔑‏ @NickSzabo4 Mar 16
      • Report Tweet
      Replying to @RealityAbsorber @jkaartinen and

      Reputation scales poorly.

      1:43 PM - 16 Mar 2019
      • 8 Retweets
      • 48 Likes
      • One Dollar Records Stackmore🔑⚡️🔦 QPay Global nDEX Network Flightcrew 🇺🇸 Satoshinho Riding Unicorns to the Moon Joel Kaartinen ⚡ Bitrates
      3 replies 8 retweets 48 likes
        1. New conversation
        2. Bitrates‏ @BitratesNews Mar 16
          • Report Tweet
          Replying to @NickSzabo4 @RealityAbsorber and

          Part two is up today:https://www.bitrates.com/news/p/szabos-law-and-decentralized-crypto-governance-part-2 …

          1 reply 0 retweets 4 likes
        3. 1 more reply
        1. Stackmore 🔑 ⚡️ 🔦‏ @1971Bubble Mar 17
          • Report Tweet
          Replying to @NickSzabo4 @RealityAbsorber and

          I feel like corruption due to power scales better than reputation. Reputation can scale pretty good with a network effect.

          0 replies 0 retweets 2 likes
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        1. New conversation
        2. Rhyzom‏ @rhyzom00 Mar 21
          • Report Tweet
          Replying to @NickSzabo4 @RealityAbsorber and

          hm, not sure... have you had a look at #holochain and the #ceptr project? http://ceptr.org/ 

          1 reply 1 retweet 2 likes
        3. 1 more reply

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