What happens if I trade BTC on a different chain? (Rather: what algorithms might make that question possible to ask?)
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Second, and much simpler: coins that ICO in BTC would be crazy to sell to cash (as
@TezosFoundation is right now).1 reply 0 retweets 0 likes -
Replying to @SimonDeDeo @bankofengland and
Old school markets in the last week are literally treating BTC like CHF and gold—something we could have foreseen.
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Replying to @SimonDeDeo @bankofengland and
Coins that provide 2nd-order access to BTC will be higher up the chain: like BoE and London private banks. Further down the more "local"—
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Replying to @SimonDeDeo @bankofengland and
culture-specific coins trading in more limited domains (but with the benefits to a user if more direct political and technological control).
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Replying to @SimonDeDeo @bankofengland and
</rant> I know
@michael_nielsen reads the Skidelsky biography of Keynes; our moment now similar to K in 1930s. What will happen next?1 reply 0 retweets 0 likes -
Replying to @SimonDeDeo @bankofengland and
A role for fantastic maths that will enchant us!—but also a recognition that C20 monetary systems were exceptions to more interesting laws.
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Replying to @SimonDeDeo @bankofengland and
This seems like a tiny taste to me: https://en.bitcoin.it/wiki/Dominant_Assurance_Contracts …
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Replying to @michael_nielsen @SimonDeDeo and
Money replaced by Turing-complete programmable, time-aware contracts with access to external oracles describing the world.
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Replying to @michael_nielsen @SimonDeDeo and
Dominant-assurance contracts, non-Abelian money, decentralized automated creation of new markets, etc etc etc...
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Easy to imagine a scripting language and REPL that provides a platform for the invention of new forms of contract, new clients, etc.
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Replying to @michael_nielsen @SimonDeDeo and
By new client, I mean both new currencies and also new contract-specific clients, which eg the implementation of DAC requires.
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