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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 Aug 27
      • Report Tweet

      Nick Szabo  🔑 Retweeted Jason A. Williams  🦍

      But they're not buying coffee with it so it can't really be money.https://twitter.com/JWilliamsFstmed/status/1166349208468840448 …

      Nick Szabo  🔑 added,

      Jason A. Williams  🦍 @JWilliamsFstmed
      Bitcoin surpassed PayPal in yearly transaction volume at $1.3 Trillion. pic.twitter.com/TdKb2UdYTa
      82 replies 314 retweets 1,423 likes
    2. Sal the Agorist‏ @SallyMayweather Aug 28
      • Report Tweet
      Replying to @NickSzabo4

      Menger, Mises & Rothbard we’re clear on this: All of the secondary functions of money (SoV, credit, payment medium, UoA) are predicated on its ability to serve its primary purpose as MoE.

      10 replies 2 retweets 32 likes
    3. Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @SallyMayweather

      But confining "exchange" to petty retail is extremely wrong, as Bitcoin has amply demonstrated. Indeed, from studying origins & history of money, confining definition of money to 2-way exchanges, excluding other valuable transfers of wealth, also falls far short of completeness.

      4 replies 1 retweet 22 likes
    4. Sal the Agorist‏ @SallyMayweather Aug 28
      • Report Tweet
      Replying to @NickSzabo4

      Fair enough, but how does the context of the exchange or the number of individuals party to a tx change the rule?

      2 replies 0 retweets 4 likes
    5. This Tweet is unavailable
      Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @MattKvenild @SallyMayweather

      Also, someone who just ate a nice steak can go much longer until the next munchies attack than someone who just at potato chips or a cupcake. Just sayin'.

      12:05 PM - 28 Aug 2019
      • 2 Likes
      • Riding Unicorns to the Moon Dr. Marconaut PhDee
      1 reply 0 retweets 2 likes
        1. Dr. Marconaut PhDee‏ @DrMarconaut Aug 28
          • Report Tweet
          Replying to @NickSzabo4 @MattKvenild @SallyMayweather

          Bitcoin, Beef, and Barbells FTW.

          0 replies 0 retweets 1 like
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