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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
Verified account
@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    1. Muneeb‏Verified account @muneeb 7 Jul 2015
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      Replying to @adamdangelo

      @adamdangelo Access control. Who owns a username etc

      1 reply 0 retweets 1 like
    2. Adam D'Angelo‏Verified account @adamdangelo 7 Jul 2015
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      Replying to @muneeb

      @muneeb so again, if someone gets your password, you lose the account forever

      2 replies 0 retweets 1 like
    3. Muneeb‏Verified account @muneeb 7 Jul 2015
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      Replying to @adamdangelo

      @adamdangelo No. If you lose your private key your account can be recovered in a decentralized way. Central authority is not required.

      1 reply 0 retweets 0 likes
    4. Patrick Collison‏Verified account @patrickc 7 Jul 2015
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      Replying to @muneeb

      @muneeb @adamdangelo I think the trade-off is between government resilience and user-error resilience. Hard to imagine latter doesn't win.

      2 replies 0 retweets 3 likes
    5. Patrick Collison‏Verified account @patrickc 7 Jul 2015
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      Replying to @patrickc

      @muneeb (That's a simplification since there are others reasons to preference centralization -- eg resilience to *your* mistakes.)

      1 reply 0 retweets 0 likes
    6. Patrick Collison‏Verified account @patrickc 7 Jul 2015
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      Replying to @patrickc

      @muneeb (Look at hassle Bitcoin is going through just to change the *block size*.)

      1 reply 0 retweets 0 likes
    7. Ryan Shea‏ @ryaneshea 7 Jul 2015
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      Replying to @patrickc

      .@patrickc @muneeb Bitcoin / the blockchain's resilience to change is a feature not a bug, the same goes for the U.S. congress

      2 replies 2 retweets 4 likes
    8. Patrick Collison‏Verified account @patrickc 7 Jul 2015
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      Replying to @ryaneshea

      @ryaneshea @muneeb Yes -- but U.S. Congress is not competing with the best product orgs in the world!

      1 reply 1 retweet 2 likes
    9. Ryan Shea‏ @ryaneshea 7 Jul 2015
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      Replying to @patrickc

      @patrickc @muneeb I see that point. But the system that wins needs stability. Conservatism is valuable here. A wrong move could hurt Bitcoin

      2 replies 1 retweet 1 like
    10. Ryan Shea‏ @ryaneshea 7 Jul 2015
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      Replying to @ryaneshea

      @patrickc @muneeb & I agree Stripe is one of the best product orgs in the world ;) but community & network effects are important over all

      1 reply 0 retweets 0 likes
      Patrick Collison‏Verified account @patrickc 7 Jul 2015
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      Replying to @ryaneshea

      @ryaneshea @muneeb Stripe is not competing with Bitcoin! Will be very very happy to see it succeed. (Hence our support for it.)

      11:28 PM - 7 Jul 2015
      • 1 Retweet
      • 4 Likes
      • 鳥居佑輝 santi.eth 🐬👽 Ryan Shea Muneeb
      1 reply 1 retweet 4 likes
        1. New conversation
        2. Ryan Shea‏ @ryaneshea 7 Jul 2015
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          Replying to @patrickc

          @patrickc @muneeb agreed that stripe isn't competing directly. But you're hedging your bets by backing both Bitcoin and Stellar.

          1 reply 0 retweets 0 likes
        3. Patrick Collison‏Verified account @patrickc 7 Jul 2015
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          Replying to @ryaneshea

          @ryaneshea @muneeb Not bet hedging (in sense of downside mitigation); we're trying to help maximize chance that something good does emerge.

          2 replies 0 retweets 5 likes
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