Outstanding crypto-skeptic interview by cypherpunks founder Tim May. A *must-read* if you value a 30-year perspective over the weekly crypto hype. Fairly BTC maximalist, and even connects Satoshi's paper to ancap theory. Quotes below:https://www.coindesk.com/enough-with-the-ico-me-so-horny-get-rich-quick-lambo-crypto/ …
-
-
"This had been previously explored by David Friedman, in his influential book "The Machinery of Freedom." & by Bruce Benson, in "The Enterprise of Law. [They] studied the role of legal systems absent some ruling top authority."
Show this thread -
"Anarchy is the default mode of most people—to choose what they eat, who they meet, what they read and watch. When some government tries to restrict choices they find ways to route around the restrictions: birth control, underground books, illegal radio, copied cassettes."
Show this thread -
"This [anarchistic legal theory] probably influenced the form of bitcoin that Satoshi Nakamoto later formulated... Is the fluff and hype worth it? Will cryptocurrency change the world? Probably. The future is no doubt online, electronic, paperless."
Show this thread -
"Bottom line, there's way too much hype, way too much publicity and not many who understand the ideas. It's as if people realize there's a whole world out there & start building boats in their backyards. Some will work, but most will either stop building or sink at sea."
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.