Nicely done thanks!
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Whats the ETA on you coming out as satoshi El szabo
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I love how he associated prisoners dilemma with the social basis of human behavior o finished reading last weekend. I feel Thaler endowment effect use case is crypto and I’m working on writing about it. Nick’s paper was very helpful.
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Would love to read your paper when done!
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A good book that walks you through the history of fiat currencies and its record, so far unblemished by success.
pic.twitter.com/gzPXsVNq1h
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I will paraphrase! Money accumulated throughout time in a normal systematic fashion back by commodities ! Milestone: 1970's fed reserve..let's just print money..screw it, people are dumb anyhow!
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Remind me again why Nick Szabo is an expert in this very complex field...
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Remind me again how the worlds top experts - economists and bankers - managed to 'lose' $6tln from the banking system in 2008...
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does it include fractional reserves and compound interest?
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