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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. Donald McIntyre  ☣️ 🗑️‏ @TokenHash Aug 12
      • Report Tweet

      "Money is a collective fiction" What a fucking idiot!! 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️https://www.ted.com/talks/neha_narula_the_future_of_money?utm_campaign=tedspread&utm_medium=referral&utm_source=tedcomshare …

      14 replies 5 retweets 56 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 Aug 12
      • Report Tweet
      Replying to @TokenHash

      Saving for your retirement or your children's education or for your family's legacy? It's all just a collective fiction. "Society does not owe you" you or your family your savings back, as @TheStalwart might say.

      2 replies 2 retweets 53 likes
    3.  🎙Did You Know Podcast‏ @DustinDry1st Aug 12
      • Report Tweet
      Replying to @NickSzabo4 @TokenHash @TheStalwart

      Shes not incorrect in that money is nothing but an agreement, one could call it a collective fiction in a way, but its badly phrased

      1 reply 0 retweets 0 likes
    4. Nick Szabo  🔑‏ @NickSzabo4 Aug 12
      • Report Tweet
      Replying to @DustinDry1st @TokenHash @TheStalwart

      I'm not going to agree on something that is a fiction, so you can count me out of that agreement.

      2 replies 0 retweets 9 likes
    5.  🎙Did You Know Podcast‏ @DustinDry1st Aug 12
      • Report Tweet
      Replying to @NickSzabo4 @TokenHash @TheStalwart

      Fiat dollars are based on a collective fiction but we operate in a world who finds a majority consensus that they will accept/require it to be able for us to survive. we dont believe in that fiction but we still participate

      2 replies 0 retweets 0 likes
    6. Nick Szabo  🔑‏ @NickSzabo4 Aug 12
      • Report Tweet
      Replying to @DustinDry1st @TokenHash @TheStalwart

      Fiat dollars are based on central bank policy, which is in turn justified by macroeconomic theory. It may well be accurate to call that a collective fiction, but it's a fairly small and narrow collective.

      3 replies 2 retweets 18 likes
    7.  🎙Did You Know Podcast‏ @DustinDry1st Aug 12
      • Report Tweet
      Replying to @NickSzabo4 @TokenHash @TheStalwart

      But the collective fiction is based on the groups acceptance of it as money not on its merits or academic support. The collective fiction of fiat is part of the larger collective fiction of the social contract and where the divine right of the state.

      1 reply 0 retweets 1 like
      Nick Szabo  🔑‏ @NickSzabo4 Aug 12
      • Report Tweet
      Replying to @DustinDry1st @TokenHash @TheStalwart

      There are still a bunch of us out here who agree or disagree with things based on their actual merit. Amazing, but true.

      2:36 PM - 12 Aug 2019
      • 9 Likes
      • Flightcrew 🇺🇸 Riding Unicorns to the Moon Ben Prentice Carsten Donald McIntyre ☣️🗑️ Linear Trav 🎙Did You Know Podcast BitcoinTina☣️- "TINA" (There is no Alternative) Hyde Foster
      1 reply 0 retweets 9 likes
        1. New conversation
        2. pqai3 ⚡️‏ @pqai3 Aug 12
          • Report Tweet
          Replying to @NickSzabo4 @DustinDry1st and

          I go with Searle on this. According to Searle, objective social reality is literally created by means of we-intentions. The general form of such intentions is “X counts as Y in context C” or “X becomes Y in context C.”

          1 reply 0 retweets 0 likes
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