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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. George Selgin‏ @GeorgeSelgin Aug 28
      • Report Tweet
      Replying to @bitstein @DavidBeckworth @NickSzabo4

      I honestly don't know. It could be that right now Bitcoin has the best chance, though not (IMHO) a very good one.

      4 replies 1 retweet 8 likes
    2. Michael Goldstein‏ @bitstein Aug 28
      • Report Tweet
      Replying to @GeorgeSelgin @DavidBeckworth @NickSzabo4

      Michael Goldstein Retweeted Neil Woodfine

      How do you not know? What are you doing at work all day? What's the point of the Center for Monetary and Financial Alternatives if all it can amount to is half-baked skepticism of the greatest monetary and financial alternative the world has ever seen?https://twitter.com/nwoodfine/status/1164013419445440513 …

      Michael Goldstein added,

      Neil Woodfine @nwoodfine
      https://twitter.com/nwoodfine/status/1163990391776919552 … pic.twitter.com/MoZXuzKORb
      10 replies 15 retweets 106 likes
    3. Saifedean Ammous‏ @saifedean Aug 28
      • Report Tweet
      Replying to @bitstein @GeorgeSelgin and

      Your center should have more coherent & substantive analysis of today's most realistic monetary alternative than snarky tweets, Jeff Tucker talking points from 2017 & your intern mischaracterizing my book in his review by pretending it doesn't thoroughly debunk these tired pointspic.twitter.com/EMO4gLmSwv

      3 replies 5 retweets 43 likes
    4. George Selgin‏ @GeorgeSelgin Aug 28
      • Report Tweet
      Replying to @saifedean @bitstein and

      As you've now fully reverted to your usual truculent self, I won't engage with you any longer. You make some good points in your book and in the debate. But you couldn't be more unversed in the requirements for civil discourse.

      7 replies 0 retweets 10 likes
    5. Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @GeorgeSelgin @saifedean and

      Oh good grief not this again. Long-time HODLers tend to have much less dependence on bosses than your typical DC area pundit. We thus often exhibit an appalling lack of the standard organizational servility. This is often interpreted as conspicuous obnoxiousness. Deal with it.

      1 reply 6 retweets 74 likes
    6. George Selgin‏ @GeorgeSelgin Aug 28
      • Report Tweet
      Replying to @NickSzabo4 @saifedean and

      I'm sorry, Nick, but HODLers aren't exempted from the normal rules of civility, which are not, despite what they may think, peculiar to DC (quite the contrary!). And I deal with it by refusing to put up with it, as I would with any other persons.

      3 replies 0 retweets 6 likes
    7. Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @GeorgeSelgin @saifedean and

      There's a pathological one-way version of these "rules" where authority figures in mass media and at DC "think" tanks get to ridicule the unwashed masses ("deplorables"), but the unwashed masses must be "civil" (i.e. servile). We don't play by those "rules". Deal with it.

      4 replies 7 retweets 53 likes
    8. Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @NickSzabo4 @GeorgeSelgin and

      P.S. if you are so worried about civil discourse, you would do well to focus your ire on Nouriel Roubini, whose comments have been astronomically more obnoxious than anything said on this thread.

      1 reply 1 retweet 8 likes
    9. George Selgin‏ @GeorgeSelgin Aug 28
      • Report Tweet
      Replying to @NickSzabo4 @saifedean and

      I'm no fan of Roubini's: https://www.independent.org/publications/tir/article.asp?id=841 … And I agree that he's uncivil. But I haven't crossed swords with him, and I certainly have never apologized for his manners.

      1 reply 0 retweets 3 likes
    10. George Selgin‏ @GeorgeSelgin Aug 28
      • Report Tweet
      Replying to @GeorgeSelgin @NickSzabo4 and

      I also have consistently rejected claims like Roubini's to the effect that Bitcoin is a scam, or Ponzi scheme, or bubble, or whatever. I have my doubts about Bitcoin becoming a dominant money. I hope I'm wrong. But I am not of that ilk.

      2 replies 0 retweets 4 likes
      Nick Szabo  🔑‏ @NickSzabo4 Aug 28
      • Report Tweet
      Replying to @GeorgeSelgin @saifedean and

      Your skills would likely be put to a more libertarian use by debating his ilk more and us less. In any case, if you want to have a conversation with us, stop shutting us down by insisting that we follow fog-enshrouded "rules" that your profession often does not in fact follow.

      12:46 PM - 28 Aug 2019
      • 4 Likes
      • Key Influencer Dinner Club Holger Wolff SMG
      2 replies 0 retweets 4 likes
        1. George Selgin‏ @GeorgeSelgin Aug 28
          • Report Tweet
          Replying to @NickSzabo4 @saifedean and

          Until my debate with Saifedean, I hardly ever criticized Bitcoin, and frequently defended it. But the debate flooded my feed with criticisms, to which I've tried to respond. Yes, I've drawn a line on incivility, but I also try (not always successfully) not to be guilty of it.

          0 replies 0 retweets 0 likes
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        2. Monetary Wonk‏ @MonetaryWonk Aug 28
          • Report Tweet
          Replying to @NickSzabo4 @GeorgeSelgin and

          Civility aside, I for one am very interested in the debate about bitcoin becoming a global reserve currency. I see this use case as a possibly. Other than Bitcoin’s deflationary design and CB control misgivings, are there other issues you foresee George?

          2 replies 0 retweets 1 like
        3. George Selgin‏ @GeorgeSelgin Aug 28
          • Report Tweet
          Replying to @MonetaryWonk @NickSzabo4 and

          The big issue is that of overcoming the network advantage (inertia) favoring an incumbent currency. As I argued in the debate, that advantage means that a prospective private rival must *at least* posses substantial advantages, and no serious disadvantages, over the incumbent.

          2 replies 0 retweets 1 like
        4. George Selgin‏ @GeorgeSelgin Aug 28
          • Report Tweet
          Replying to @GeorgeSelgin @MonetaryWonk and

          The main disadvantages for Bitcoin consist of high transactions costs for fast payments, which 2nd layer systems have begun to address, and may ultimately address completely (that remains to be seen). That will help; still it will be a big uphill battle even then.

          1 reply 0 retweets 1 like
        5. Monetary Wonk‏ @MonetaryWonk Aug 28
          • Report Tweet
          Replying to @GeorgeSelgin @NickSzabo4 and

          Imo, this gets overcome with time. The community has made great strides and solutions are foreseeable. My primary risk factor is govts feel threatened and try to cut off onramps.

          1 reply 0 retweets 1 like
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