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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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    Nick Szabo  🔑‏ @NickSzabo4 15 Apr 2017
    • Report Tweet

    Why U.S. merchants don’t accept bitcoin ... or Canadian dollars. Bitcoin excels where large payor settlement risks.https://elaineou.com/2017/04/15/people-love-complaining-about-bitcoin-payments/ …

    3:58 PM - 15 Apr 2017
    • 67 Retweets
    • 101 Likes
    • MuchBitcoin⚡ [Jan 3rd 🔑] c001hand Pontus Lindblom Kimi Sian-Yu Chen (--oppose-dao-fork‏) Srinivas Garapati Oguz Serdar Zachary Lark Andrea Zuckermann E. Kazama888⚡
    6 replies 67 retweets 101 likes
      1. Kurt Kumar‏ @KurtKumar 15 Apr 2017
        • Report Tweet
        Replying to @NickSzabo4

        @naval @eiaine Only 1st world complains, will end up as the last ones to adopt.

        0 replies 0 retweets 2 likes
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      2. Ben Verret ⚡‏ @verretor 15 Apr 2017
        • Report Tweet
        Replying to @NickSzabo4

        Ben Verret ⚡ Retweeted Ben Verret ⚡

        I paid coffee with CAD this morning. I don't think they will ever accept CoffeeCoin.https://twitter.com/verretor/status/853234326569353216 …

        Ben Verret ⚡ added,

        Ben Verret ⚡ @verretor
        Don't expect real businesses to risk a double spend for every coffee sold. Lightning Networks will bring fast and safe transactions. pic.twitter.com/ntNcSbJSKW
        1 reply 0 retweets 2 likes
      3. Brian Hoffman‏Verified account @brianchoffman 15 Apr 2017
        • Report Tweet
        Replying to @verretor @NickSzabo4

        Yeah makes sense to keep accepting legacy money forever

        1 reply 0 retweets 0 likes
      4. Ben Verret ⚡‏ @verretor 15 Apr 2017
        • Report Tweet
        Replying to @brianchoffman @NickSzabo4

        They're more likely to accept Lightning Networks than 0 confirmations with a risk of double spend though. CoffeeCoin is against Segwit.

        1 reply 0 retweets 1 like
      5. Brian Hoffman‏Verified account @brianchoffman 16 Apr 2017
        • Report Tweet
        Replying to @verretor @NickSzabo4

        I'm not opening an expensive LN channel for coffee either. I guess I could use StarbucksHub

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. Brian Cohen‏ @inthepixels 15 Apr 2017
        • Report Tweet
        Replying to @NickSzabo4

        Even Canada doesn't want Canadian dollars--- not so #loonie ?http://www.cplea.ca/a-question-about-paying-with-coins/ …

        0 replies 0 retweets 1 like
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      2. DJ Chan  ⚡️ 🔑 ⚡️‏ @digitsu 15 Apr 2017
        • Report Tweet
        Replying to @NickSzabo4

        Except that large payments won't use bitcoin because of FX risk and lack of liquid derivative markets in which to hedges these risks

        1 reply 0 retweets 1 like
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      1. Mabel-Lee‏ @The_Powell_Putz 16 Apr 2017
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        Replying to @NickSzabo4

        @naval @eiaine was the point of that article to defend the future of Bitcoin? Because it did a terrible job if so

        0 replies 0 retweets 0 likes
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