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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. bitbutter‏ @mormo_music Oct 4

      bitbutter Retweeted

      two examples illustrating benefits already existing: wikiLeaks continued receiving donations via crypto when legacy payment services locked them out. venezuelan families were able to feed themselves when the local fiat currency collapsed bc they were using crypto. https://twitter.com/cmuratori/status/1445118135200206855 …

      bitbutter added,

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      3 replies 0 retweets 13 likes
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    2. David Deutsch‏ @skore_de Oct 4
      Replying to @mormo_music

      I don't think you're answering his question which was about how those benefits "flow from the technology". "having another means of payment when a central one collapses" is, of course, beneficial. But that could be true for other solutions.

      4 replies 0 retweets 0 likes
    3. bitbutter‏ @mormo_music Oct 4
      Replying to @skore_de

      it was not true for other solutions because of political pressure. the permissionless nature of Bitcoin etc made it possible. this benefit *very clearly* flowed from the technology.

      2 replies 0 retweets 1 like
      Casey Muratori‏ @cmuratori Oct 5
      Replying to @mormo_music @skore_de

      That is not technology. That would have been true of BitCoin if it were simply a series of regular servers, no blockchain. BitCoin facilitated the payment because it was new, and therefore, not yet regulated.

      12:12 AM - 5 Oct 2021
      • 1 Retweet
      • 2 Likes
      • Greg Bowler David Deutsch
      2 replies 1 retweet 2 likes
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        2. Casey Muratori‏ @cmuratori Oct 5
          Replying to @cmuratori @mormo_music @skore_de

          This is the core misunderstanding that people have about cryptocurrency. They continue to cite examples where are not technological, but rather social. When we talk about "cryptocurrency", we are talking about the _technology_ of cryptocurrency, not the _use_ of it.

          1 reply 0 retweets 2 likes
        3. Casey Muratori‏ @cmuratori Oct 5
          Replying to @cmuratori @mormo_music @skore_de

          The examples you gave would have been possible with any kind of unregulated currency. There is no need for the blockchain in your Wikileaks example whatsoever.

          1 reply 0 retweets 2 likes
        4. Show replies
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        2. David Deutsch‏ @skore_de Oct 5
          Replying to @cmuratori @mormo_music

          I think this point is really, really crucial and is often glossed over: The "tech" that crypto brings to the table or the benefits that are paraded around are often simply a Lack Of Regulation. But, as with all other technologies, regulation will come, eventually.

          1 reply 0 retweets 2 likes
        3. David Deutsch‏ @skore_de Oct 5
          Replying to @skore_de @cmuratori @mormo_music

          If, for instance, you think taxes are dumb, you can make your own country and, fast forward a few years, you're probably going to put in place something that walks and quacks like taxes. Because you were addressing the symptoms without understanding the disease.

          1 reply 0 retweets 2 likes
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