Twitter - Nick Szabo

Nick Szabo
Nick Szabo@NickSzabo4

"...a business protocol was also a religious ritual...seal breaking became one of the most important of these ritua… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

🐣⚡️🐥 Sneak preview: the Internet of Birds, where the transaction fees are chicken feed. 🐤⚡️🐔 twitter.com/eiaine/status/…

Nick Szabo
Nick Szabo@NickSzabo4

Security has a concept called attack surface: the more kinds of exposures, the greater the attack surface. Similarl… twitter.com/i/web/status/9…

Nick Szabo

There is no such thing as fully trustless tech. In encryption you trust that your recipient won't forward your mess… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

When financial writers don't say "and no one knows why", it's usually because they are pretending to tell you why. twitter.com/awealthofcs/st…

Nick Szabo
Nick Szabo@NickSzabo4

Applying the word "governance" to the residual human decision-making needed for public blockchains carries, as the… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

'Security protocols always consist of at least two layers: a "dry layer" that can be analyzed by ... objective mat… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

The earliest surviving written law codeancient.eu/Ur-Nammu/and what it tells us about moneyunenumerated.blogspot.com/2016/12/weigh-…

Nick Szabo
Nick Szabo@NickSzabo4

The historically recent growth of centralized digital money has resulted in the transformation of money from being… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

ERP & similar would be interesting experiments to watch from a safe distance. They would have programmers making le… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Trust-minimized governance uses tech to minimize the kinds of decisions leaders are expected to, or in the most sec… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Ripple is far from trust-minimized. As a result it has high governance costs, including the disputes described here… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Heavy lift booster + mining a comet (or Ceres) for its water + 3D printing in ice = many interesting possibilities:… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

This turns out to have been an understatement. The recent big price declines have been largely indiscriminate. Most… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Waldseemueller map 1507. Early attempt to locate new continent on a Ptolemaic grid (latitude/longitude) & first use… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Hyperinflation of fiat currency in post-WWI Germany destroyed savings & credit. Debt such as government bonds and m… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

The buzzword "web3" suggests the lax, security-poor programming habits of the web. When crypto or smart contracts a… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

A digital currency that would survive a nuclear war: the full Bitcoin transaction history, all the way back to the… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Almost any conjectures about the future behavior of humans in a novel social system are necessarily non-rigorous. P… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Conjectured governance under proof-of-stake seems to involve programmers & other amateurs making legal & accounting… twitter.com/i/web/status/9…

Nick Szabo
Nick Szabo@NickSzabo4

Tons of quite innocent things "look suspicious". The traditional financial system by excluding people who "look sus… twitter.com/i/web/status/9…