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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. Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
      • Report Tweet

      Nick Szabo  🔑 Retweeted Michael Casey

      If they (and you) read up on what travelers, missionaries, & ethnographers actually witnessed & recorded of recently contacted cultures, you will find that SoV & medium of wealth transfer long preceded record-keeping. See https://twitter.com/NickSzabo4/status/954225789129469952 … & refs in the linked articles.https://twitter.com/mikejcasey/status/981141578285805569 …

      Nick Szabo  🔑 added,

      Michael CaseyVerified account @mikejcasey
      Vitalik is absolutely right here. So many "digital gold bugs" in crypto need to read up on what anthropologists have learned about how money developed. It began as a record-keeping device to enable gift exchange and debt-clearing. MoE preceded SoV! https://twitter.com/vitalikbuterin/status/981071033548488704 …
      23 replies 162 retweets 579 likes
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    3. Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
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      No. Human memories aren't reliable or trustworthy enough to serve, unaided by later technologies and institutions, as cross-clan records. Clans typically not only distrusted each other, they bloodily fought each other.

      0 replies 0 retweets 10 likes
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    5. Ruminative Orangutan‏ @Ruminorang 3 Apr 2018
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      Nothing about evo psych in particular suggests in-group Social dynamics generalize well to inter-group or vice versa.

      1 reply 0 retweets 3 likes
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    7. Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
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      Yes. The natural unaided ability to form reliable trust relationships is limited to about 150 people (the Dunbar number). Archaeological record of preliterate societies records travel of collectibles, of kind later observed as SoV/MoWT, across territories of 10,000s of people.

      1 reply 0 retweets 1 like
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      Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
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      I don't call them "tokens" because they had unforgeable costliness (securely scarce supply curve).

      8:19 AM - 3 Apr 2018
      0 replies 0 retweets 0 likes

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