Paul

@futurepaul ↗

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Last Checked June 9, 2021

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Sun Jul 28 01:59:30 +0000 2019

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Paul @futurepaul

@ole_ary @pierre_rochard The huge innovation here is the inability to deflate Bitcoin. Even if a gold backed cryptocurrency was started with the best of intentions and allowed to flourish for decades, eventually someone with power would find a way to inflate. Bitcoin is the money with the best defense. — PolitiTweet.org

Posted July 28, 2019 Hibernated

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Paul @futurepaul

@ole_ary @pierre_rochard No and this is also a partial answer to @zherring: blockchains are useful as a record of actions on that blockchain. Once you need information about something external to the blockchain you lose all advantages of the blockchain. A centralized blockchain is just as dumb. — PolitiTweet.org

Posted July 28, 2019 Hibernated

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Paul @futurepaul

@musicaljoeker @pierre_rochard It took a long time to find something scarcer than gold, and that thing is Bitcoin. Anything is possible, but every day it seems less likely. Bitcoin makes the right tradeoffs, and seems capable of adopting new innovations where necessary. Its best features are rarely copied. — PolitiTweet.org

Posted July 28, 2019 Hibernated