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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. Roy Sebag‏Verified account @roysebag 26 Dec 2016
      • Report Tweet
      Replying to @TokenHash @subyroy and

      confusing correlation with causation. Money had to be a desired commodity first.

      2 replies 0 retweets 0 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 26 Dec 2016
      • Report Tweet
      Replying to @roysebag @subyroy @GamerAndy

      Money is a commodity & Bitcoin was desired as (indeed designed as) money from the very first.

      3 replies 1 retweet 10 likes
    3. Roy Sebag‏Verified account @roysebag 26 Dec 2016
      • Report Tweet
      Replying to @NickSzabo4 @subyroy @GamerAndy

      so far so good on the experiment, but it's not a natural element desired in commerce first

      2 replies 0 retweets 0 likes
    4. Roy Sebag‏Verified account @roysebag 26 Dec 2016
      • Report Tweet
      Replying to @roysebag @NickSzabo4

      if the experiment succeeds would be first time an abstract "commodity" becomes so desired to ascend as money by free market.

      2 replies 0 retweets 1 like
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    6. Roy Sebag‏Verified account @roysebag 26 Dec 2016
      • Report Tweet
      Replying to @TheCoon_33

      yes but merely as fashions during experimentation phase. Long term only gold and silver ascended and remained due to physics.

      1 reply 0 retweets 1 like
    7. Elaine  🐤 🇮🇨‏Verified account @eiaine 26 Dec 2016
      • Report Tweet
      Replying to @roysebag

      @NickSzabo4 Cowrie shells have been used as money from 10,000 BC to 18th century Europe. Beats gold & silver.

      2 replies 0 retweets 1 like
    8. Roy Sebag‏Verified account @roysebag 26 Dec 2016
      • Report Tweet
      Replying to @eiaine @NickSzabo4

      your wrong Shells were not adopted by indigenous civilizations in a decentralized manner. Only precious metals

      1 reply 0 retweets 0 likes
    9. This Tweet is unavailable
      Nick Szabo  🔑‏ @NickSzabo4 28 Dec 2016
      • Report Tweet
      Replying to @BitcoinBelle @roysebag @eiaine

      Adptd thru many negtns betwn clans. Decentralized. http://unenumerated.blogspot.com/2016/12/weigh-and-deliver-compensation-and.html … http://nakamotoinstitute.org/shelling-out/ 

      8:13 PM - 28 Dec 2016
      • 2 Retweets
      • 3 Likes
      • PROTECTIONIST? Elaine 🐤🇮🇨 Jason Brett
      2 replies 2 retweets 3 likes
        1. dontpanic  🤫 ⚡‏ @DontPanicBurns 28 Dec 2016
          • Report Tweet
          Replying to @NickSzabo4 @BitcoinBelle and

          cigs and ramen noodles are money in US prison today. Decentralized. Anonymous.

          0 replies 1 retweet 3 likes
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