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patrissimo's profile
Patri Friedman
Patri Friedman
Patri Friedman
@patrissimo

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Patri Friedman

@patrissimo

On virtue, venture, family, freedom, crypto and (of course) building startup countries on the ocean.

San Jose, CA
patrifriedman.com
Joined October 2008

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    1. Patri Friedman‏ @patrissimo Aug 29

      Patri Friedman Retweeted Andy Greenberg

      I remember just 30 years ago Clifford Stoll's "The Cuckoos Egg", in which a 75c accounting discrepancy leads to the discovery of the first logged computer intrusion. Today, state-sponsored cyberattacks take down @Maersk just for fun while doing $10B in damage.https://twitter.com/a_greenberg/status/1032238484428390400 …

      Patri Friedman added,

      Andy Greenberg @a_greenberg
      For the last year, I’ve been reporting out what it felt like to be inside a company hit by NotPetya, the unprecedented $10 billion cyberattack. The result is this WIRED cover story: how Russian malware took down Maersk, the world’s largest shipping firm. https://www.wired.com/story/notpetya-cyberattack-ukraine-russia-code-crashed-the-world/ …
      3 replies 1 retweet 1 like
      Show this thread
    2. Patri Friedman‏ @patrissimo Aug 29

      So I wonder: What if instead of thinking blockchain is about money, we view it as a more general realization of the need to shrink attack surfaces in a connected, adversarial world. Bitcoin (patching money to fix the fiat exploit) is just this mindset's first product.

      1 reply 0 retweets 1 like
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    3. Patri Friedman‏ @patrissimo Aug 29

      Future products probably won't be about money (the fiat exploit doesn't need 100 different fixes), but will share similar properties: using transparent consensus mechanisms to secure valuable resources that are currently being exploited.

      1 reply 0 retweets 1 like
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    4. Patri Friedman‏ @patrissimo Aug 29

      Many others have enumerated those possibilities, this is just another angle on characterizing them, one that's in some ways maximalist (BTC/PoW=money), in some ways not (many future non-money uses). Inspired by @NickSzabo4 @real_vijay @balajis and especially...

      1 reply 0 retweets 2 likes
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      Patri Friedman‏ @patrissimo Aug 29

      .@NTmoney for "Cryptoeconomics is the study of economic interaction in adversarial environments" (https://thecontrol.co/cryptoeconomics-101-e5c883e9a8ff …). Perhaps there's even an analogy to public choice theory, which we could think of as "the study of political interaction in adversarial environments."

      10:48 AM - 29 Aug 2018 from San Rafael, CA
      • 2 Retweets
      • 4 Likes
      • Rohit Jindal ciTEZen brain Balaji S. Srinivasan Pedro Pereira Hors
      0 replies 2 retweets 4 likes

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