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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 May 2018
      • Report Tweet

      Nick Szabo  🔑 Retweeted Mr.Hodl 🌕 🍿

      Gold has severe flaws. Physical locality makes it less secure and far more transactionally local, and thus more vulnerable to politics and less sound, than we can now achieve with Bitcoin, with good key management and taking advantage of its trust-minimized global settlement.https://twitter.com/MrHodl/status/991676293052813312 …

      Nick Szabo  🔑 added,

      Mr.Hodl 🌕 🍿 @MrHodl
      Get inside the mind of a BCasher. "My view is the world was not in need of another sound base money when Bitcoin came along. Nor is that the main innovation Bitcoin brings to the table.The world has had sound base money for thousands of years... gold coins, silver bars, etc." https://twitter.com/ChrisPacia/status/991450241219092480 …
      58 replies 408 retweets 1,303 likes
      Show this thread
    2. Nick Szabo  🔑‏ @NickSzabo4 3 May 2018
      • Report Tweet

      Aztecs took gold tribute from their subject tribes. Spanish conquistadors looted the Aztecs. Sir Francis Drake looted Spanish galleons. Seizing gold vaults was a universal war objective. Many politicians have controlled monetary systems by controlling gold. Now we can do better.pic.twitter.com/pg33pZLJCK

      33 replies 244 retweets 880 likes
      Show this thread
    3. Joe Kelly‏ @joekelly100 3 May 2018
      • Report Tweet
      Replying to @NickSzabo4

      If the Aztecs were using bitcoin, the Spanish wouldn’t have taken them? Hard to believe.

      4 replies 0 retweets 1 like
      Nick Szabo  🔑‏ @NickSzabo4 3 May 2018
      • Report Tweet
      Replying to @joekelly100

      With good key management, yes.

      11:22 AM - 3 May 2018
      • 15 Likes
      • Flightcrew 🇺🇸 Kasper Hawser Bitcoin Bolsa Patrick Michalina eupn ₿ Black Lion Coin ($BLCC) Patrick Lemke ⚡️ conscious_being Winson Ng [🔑₿]
      3 replies 0 retweets 15 likes
        1. New conversation
        1. Joe Kelly‏ @joekelly100 3 May 2018
          • Report Tweet
          Replying to @NickSzabo4

          Would that management be centralised?

          1 reply 0 retweets 0 likes
        2. Joe Kelly‏ @joekelly100 3 May 2018
          • Report Tweet
          Replying to @joekelly100 @NickSzabo4

          Slick edit btw.

          1 reply 0 retweets 0 likes
        3. Nick Szabo  🔑‏ @NickSzabo4 3 May 2018
          • Report Tweet
          Replying to @joekelly100

          Partly delegated via multisig among close business colleagues, friends, or family members, not centralized.

          1 reply 0 retweets 12 likes
        4. Joe Kelly‏ @joekelly100 3 May 2018
          • Report Tweet
          Replying to @NickSzabo4

          Is that common?

          1 reply 0 retweets 0 likes
        5. Joe Kelly‏ @joekelly100 3 May 2018
          • Report Tweet
          Replying to @joekelly100 @NickSzabo4

          I only see that inconveniencing the Spanish.

          1 reply 0 retweets 2 likes
        6. 1 more reply
        1. Fernando Nieto‏ @fnietom Jun 26
          • Report Tweet
          Replying to @NickSzabo4 @joekelly100

          Fernando Nieto Retweeted Fernando Nieto

          What do you think of time locks to prevent cohercion, Nick?https://twitter.com/fnietom/status/1011699527454285826?s=21 …

          Fernando Nieto added,

          Fernando Nieto @fnietom
          Time locks are commonly found in bank vaults. They were created to prevent criminals from kidnapping and torturing the person who knows the combination and burgle the vault. http://coinb.in  allows you to create and spend bitcoin from time locked outputs. Hodl & stay safe! pic.twitter.com/KzrYBBj6bQ
          0 replies 0 retweets 2 likes
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