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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 Jul 28
      • Report Tweet

      Nick Szabo  🔑 Retweeted Max Keiser, tweet poet.

      When I grew up I was taught about the miracle of compound interest. The new generation will have to be taught about the anti-miracle of compound negative interest.https://twitter.com/maxkeiser/status/1155501079758626816 …

      Nick Szabo  🔑 added,

      Max Keiser, tweet poet. @maxkeiser
      Negative interest rates are a legacy of the 2008 financial crisis. By bailing out insolvent banks and then allowing them to lever up 100x higher than before the crisis; the only recourse global central banks have now is to slow-default on trillions of debt via negative rates.
      30 replies 266 retweets 1,072 likes
      Show this thread
    2. ginonmychin‏ @ginonmychin Jul 28
      • Report Tweet
      Replying to @NickSzabo4 @prestonjbyrne

      @TheStalwart Now they think they are entitled to miracles!

      1 reply 0 retweets 2 likes
      Nick Szabo  🔑‏ @NickSzabo4 Jul 28
      • Report Tweet
      Replying to @ginonmychin @prestonjbyrne @TheStalwart

      Society doesn't owe you your principal back.

      2:39 PM - 28 Jul 2019
      • 1 Retweet
      • 19 Likes
      • Flightcrew 🇺🇸 Christopher Govender Norjack Lisa Kuhn Phillips Matias ☣ 🎞️ Shannon Grinnell 🎙₿ Rob Puneet Verma ... 🌎 ... 🌏 ... 🌍 ...
      0 replies 1 retweet 19 likes

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