Part 3! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
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Part 2! of our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
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Today we begin our journey through Nick Szabo’s incredible work, Shelling Out: The Origins of Money. A critical piece to understanding money, its rich history, and key properties through the eyes of the cypherpunks who revolutionized it.
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Bitcoin is the first truly decentralized registry for property ownership. The first application of which is value in its most abstract form, money. But how can we extend this to physical property and titles outside of political institutions? Who better to explore the topic with than Nick Szabo (@nickszabo4)? “Securing Property Titles with Owner Authority.”
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“It’s actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” – @NickSzabo4
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If you are curious of the foundations of thought that ultimately led to the creation of the Bitcoin system, Nick Szabo is absolutely the one to read.
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Nick Szabo is undeniably one of the most influential thinkers and pioneers in the Cryptoconomy. Learn more of his history and his works in this article from unblock.net
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Does Digital code present the possibility of augmenting, or even replacing, the functions of traditional private law? Nick Szabo explores the concept in his 2007 blog post.
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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