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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. Tuur Demeester‏ @TuurDemeester 3 Apr 2018
      • Report Tweet

      Tuur Demeester Retweeted Vitalik Non-giver of Ether

      False imo. Satoshi compared Bitcoin to gold (a settlement layer, not a payment mechanism) on 6 separate occasions, and Hal Finney in '10 described the architecture of payments layer built on top of the main chain settlement layer. Also see @NickSzabo4's comments on Bit Gold.https://twitter.com/VitalikButerin/status/981096387143061504 …

      Tuur Demeester added,

      Vitalik Non-giver of EtherVerified account @VitalikButerin
      58. Roger's argument: the core devs diverted the project and shifted the vision in ways that many of its constituents disagree with ("store of value") and belittled and censored them, so of course people are upset. I personally do agree that the vision was diverted.
      Show this thread
      10 replies 47 retweets 243 likes
      Show this thread
    2. Cristian S.‏ @Buda_CSB 3 Apr 2018
      • Report Tweet
      Replying to @TuurDemeester @NickSzabo4

      Tuur i suggest you see this talk. Super interesting talk about the notion of gold and money. Gold was mainly used as a MOE thanks to being issued by state: https://youtu.be/XMlG1ipXqU4 

      2 replies 0 retweets 4 likes
    3. Tuur Demeester‏ @TuurDemeester 3 Apr 2018
      • Report Tweet
      Replying to @Buda_CSB @NickSzabo4

      Have a time stamp?

      1 reply 0 retweets 3 likes
    4. Cristian S.‏ @Buda_CSB 3 Apr 2018
      • Report Tweet
      Replying to @TuurDemeester @NickSzabo4

      Min 23:30 but i sugget you watch it all, best presentation of the conference imo.

      1 reply 0 retweets 2 likes
    5. Tuur Demeester‏ @TuurDemeester 3 Apr 2018
      • Report Tweet
      Replying to @Buda_CSB @NickSzabo4

      Tuur Demeester Retweeted Nick Szabo  🔑

      It seems like the presenter has very limited knowledge of monetary history. Here's a much better source imo:https://twitter.com/NickSzabo4/status/981169950927630336 …

      Tuur Demeester added,

      Nick Szabo  🔑 @NickSzabo4
      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 …
      1 reply 2 retweets 29 likes
    6. Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
      • Report Tweet
      Replying to @TuurDemeester

      Thanks. It's silly ideology to pretend that use of gold as SoV started in 600 BC with the invention of coins, when the archaeological record of its use dates back to at least 4600BC, and use of gold jewelry as SoV continues in many cultures to this day.

      4 replies 15 retweets 119 likes
    7. Cristian S.‏ @Buda_CSB 3 Apr 2018
      • Report Tweet
      Replying to @NickSzabo4 @TuurDemeester

      @Suitpossum whats your take on this argument?

      1 reply 0 retweets 0 likes
    8. Brett Scott‏Verified account @Suitpossum 3 Apr 2018
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      Replying to @Buda_CSB @NickSzabo4 @TuurDemeester

      I'm not sure what the argument is. Gold's use as jewelry is a different phenomenon to its use as money. The very concept of 'store of value' as applied to gold by Nick means 'exchangeable for money'

      1 reply 0 retweets 1 like
      Nick Szabo  🔑‏ @NickSzabo4 3 Apr 2018
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      Replying to @Suitpossum @TuurDemeester

      Display of wealth and store of wealth are very far from being mutually exclusive uses of an object in most cultures. Modern Western culture makes a very sharp dichotomy between "money" and "jewelry" but that is our culture, not the historical cultural norm.

      2:41 PM - 3 Apr 2018
      • 1 Retweet
      • 25 Likes
      • Donald McIntyre ☣️🗑️ ~ Ovi Trif ⚡ Vijay Boyapati damm kewl SmileyGnome Hugo Volz Oliveira flix1 ⚡ Neil Woodfine
      0 replies 1 retweet 25 likes

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