Part 4! Today we finally conclude Nick Szabo‘s essential 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 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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As Bitcoin continues to succeed against all odds, there are more and more claims of how its “unfair” that early investors have profited. Dan Held argues in an excellent summary that Bitcoin was, and still is, the fairest distribution possible.
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Today we chat with @Real_Vijay about Bitcoin maximalism, growing internet censorship, standing up to Google, the troubles of BCH, the fall of Bitmain, and much more!
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Privacy isn’t just about being safe and keeping our data secure, its also a deeply fundamental aspect of being human. The unconscious pressures from being endlessly surveilled create a cage for our minds, killing creativity and expression in place of social conformity and obedience.
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“Numbers generated by such a process are deterministic, but they pass statistical tests of what is considered “random”. Pseudorandomness, in turn, became one of the building blocks of a brand new field — also a child of the computer age: modern cryptography.” – Hugo Nguyen
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“By attaching energy to a block, we give it “form”, allowing it to have real weight & consequences in the physical world… In other words, PoW is the bridge between the digital & the physical.” – Hugo Nguyen
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“The BCB enforces the strictest deposit regulations in the world by requiring full reserves for all accounts. This is the digital equivalent of the Chicago Plan or the Austrian 100% reserve gold standard.” -Pierre Rochard
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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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