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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. Catherine Sophie‏ @Cathsophiesays 22 Dec 2017

      Catherine Sophie Retweeted Patri Friedman

      There already is a #stablecoin and it’s called #gold. #socialism - a system that is trying to solve the problems that it creates.https://twitter.com/patrissimo/status/944384410853318656 …

      Catherine Sophie added,

      Patri Friedman @patrissimo
      1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
      Show this thread
      2 replies 0 retweets 3 likes
      Patri Friedman‏ @patrissimo 22 Dec 2017
      Replying to @Cathsophiesays

      Good luck getting that #stablecoin out of North Korea...or any other border...or protecting it from a kleptocrat. Gold was great for millennia, but digital assets have advantages over lumps of molecules. (Some disadvantages too)

      11:58 PM - 22 Dec 2017
      • 1 Like
      • Chakradhar Reddy
      1 reply 0 retweets 1 like
        1. Catherine Sophie‏ @Cathsophiesays 23 Dec 2017
          Replying to @patrissimo

          You prove my point. The crypto kids know absolutely nothing about gold. It’s easier to get gold out of NK or any other region than BTC.

          0 replies 0 retweets 0 likes
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