If Bitcoin's security comes to be based on bureaucrats rather than protocol, it will no longer be a seamless global system.
If Bitcoin comes to depend on bureaucrats rather than protocol, you might as well use Visa. They know how to do that far better.
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@NickSzabo4 I understand that you're joking. But realistically most bitcoiners would simply move on to other cryptocurrencies. -
@PunkrockBtC Operating under the limits of 140 chars. You are correct that there would still be some secure alts, much preferable to XT.
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@NickSzabo4 just ask Ripple!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 "no power relation [w/o]...correlative constitution of...knwldge, nor ...knwldge that [doesnt]...constitute" pwr rltns.Foucault -
@manfred_karrer@NickSzabo4 from your blog: "We can NEVER escape the realm of politics"+http://www.goodreads.com/quotes/214758-the-necessity-of-reform-mustn-t-be-allowed-to-become-a …
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@NickSzabo4 Speaking of payment systems, do you have an opinion on @bitgoldinc nick? http://bitgold.com/r/6lfQRKThanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 and visa is quite cheap too - it's the banks that are skimming off most of the fees. -
@tejus_sawjiani@NickSzabo4 Ow you're seriously advocating for visa.
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