.@IOHK_Charles PoW vs anything else: two separate issues that each addresses simultaneously -- initial distribution & security.
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@DoctorGoss@IOHK_Charles@virtuallylaw True, but we don't secure money by storing it on sidewalk and calling lawyer when it dissappears.
@DoctorGoss @IOHK_Charles @virtuallylaw Where automated security can substitute for mere legal language it is vastly superior.
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@NickSzabo4@DoctorGoss@IOHK_Charles Creating those efficiencies democratizes enforcement of contractual rights in payments: smart payments -
@NickSzabo4@DoctorGoss@IOHK_Charles Amazing how creating efficiency in markets leads to more fair outcomes...
End of conversation
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