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cmuratori's profile
Casey Muratori
Casey Muratori
Casey Muratori
@cmuratori

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Casey Muratori

@cmuratori

I'm worried that the baby thinks people can't change.

Seattle
caseymuratori.com
Joined March 2009

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    1. Tyler Glaiel‏Verified account @TylerGlaiel Aug 10

      some fucking shitty crypto thing got """"hacked"""" and """"lost half a billion dollars"""" to """hackers"""" and this is their response lmaopic.twitter.com/BRMZPaEjqU

      11 replies 72 retweets 500 likes
      Show this thread
    2. Casey Muratori‏ @cmuratori Aug 10
      Replying to @TylerGlaiel

      Pro tip: if you rely on law enforcement for your cryptocurrency security, maybe it is not "decentralized finance"? That's kind of what we call _centralized_ finance.

      1 reply 0 retweets 90 likes
    3. Tyler Glaiel‏Verified account @TylerGlaiel Aug 10
      Replying to @cmuratori

      I mean 99.99% of crypto nerds are just holding it via a centralized exchange anyway, not much different either way, except the exchange can get hacked and lose everything everyone has with no recourse

      2 replies 0 retweets 39 likes
    4. Casey Muratori‏ @cmuratori Aug 10
      Replying to @TylerGlaiel

      Crypto is literally the same as all other currency. I have no idea why anyone thinks it is different. Anyone who thinks the outcome will be anything other than a standard government-backed currency are completely delusional, and they're about to find that out.

      1 reply 1 retweet 23 likes
    5. Casey Muratori‏ @cmuratori Aug 10
      Replying to @cmuratori @TylerGlaiel

      This is trivial to understand if you think about it for even one second. What do you do when you transfer some bitcoin to AMC theaters for a movie ticket, and then they deny you entrance to the movie theater?

      1 reply 0 retweets 15 likes
    6. Casey Muratori‏ @cmuratori Aug 10
      Replying to @cmuratori @TylerGlaiel

      It's blatantly obvious that as soon as crypto is used in the real world to buy real things like groceries, houses, cars, etc., you need all the infrastructure of a government, and that means you need... the government. End of f'ing story.

      2 replies 2 retweets 20 likes
    7. Michal‏ @pietmichal Aug 11
      Replying to @cmuratori @TylerGlaiel

      Ever heard of smart contracts, oracles, channels, plasma chains, side chains or rollups? These can help solve this problem. Real estate in Australia already uses blockchain.

      1 reply 1 retweet 0 likes
    8. Casey Muratori‏ @cmuratori Aug 11
      Replying to @pietmichal @TylerGlaiel

      I have heard of all of them, and no, they do not solve any of these problems. The point is that they do not exist in the real world. That is the problem. Why is this so hard for people to understand?

      1 reply 0 retweets 3 likes
      Casey Muratori‏ @cmuratori Aug 11
      Replying to @cmuratori @pietmichal @TylerGlaiel

      It is very simple. There is nothing on the blockchain but digital information. Anything physical (real estate, groceries, cars, clothing, houses, wood, metal) can only be tied to the blockchain by police, courts, and law. Period. End of story.

      1:19 AM - 11 Aug 2021
      • 7 Likes
      • Michael Flad int16_t Gonçalo Santos Zerker Ivan Braidi lvl5hm
      1 reply 0 retweets 7 likes
        1. New conversation
        2. Casey Muratori‏ @cmuratori Aug 11
          Replying to @cmuratori @pietmichal @TylerGlaiel

          What are you going to do when someone says "I own this plot of land" and you say "no, I own it, look here on the blockchain" and they say "I don't give a shit about the blockchain"? What do you think a "smart contract" is going to do?

          1 reply 0 retweets 6 likes
        3. Casey Muratori‏ @cmuratori Aug 11
          Replying to @cmuratori @pietmichal @TylerGlaiel

          The blockchain is literally worthless without the government. It can only exist because there are governments that will do the things that governments do. And as such, no blockchain will ever be "decentralized".

          1 reply 0 retweets 5 likes
        4. Show replies

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