Nick Szabo
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Nick Szabo· 2025-11-15 22:59
RT Jesse Peltan (@JessePeltan)China's electricity is now 30% more than Europe's — PER CAPITA.More than double in total. ...
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Nick Szabo· 2025-11-15 22:58
RT Bruce Fenton (@brucefenton)We spent this cycle kissing up to politicians, pushing for centralized treasuries and public companies, shilling for fiat based stablecoins and cheering for partnerships with banks.We deserve this market drop and worse.Old school centralized fiat based trad fi is broken. We either replace it and break away with real cypherpunk values of privacy and decentralization or the entire experiment is worthless.Opt out. Get off exchanges. Reject centralization. Go dark. ...
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Nick Szabo· 2025-11-15 22:56
Taxation Policy & Economic Impact - The American right has been trained to oppose any and all taxes, but this is a terrible idea [1] - Taxes are necessary, and property tax distortions are less significant than alternatives like income tax [2] - Removing property taxes would lead to higher taxes on working young people and increased home prices, benefiting retirees [2] - Current policies disproportionately favor the elderly, necessitating policies that support the young [3] Housing Affordability & Generational Wealth - Young people are struggling to afford homes, leading to wealth accumulation among the old [2] - Property taxes may require some individuals to downsize when income decreases [3]
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Nick Szabo· 2025-11-15 22:49
Geopolitical Analysis - The British Empire largely dictated the situation for Palestinians [1] - A perceived error was insufficient early resistance, whether through lobbying or violence [1] - Current resistance faces greater difficulty due to its belated nature [1]
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Nick Szabo· 2025-11-15 22:42
RT Nick Szabo (@NickSzabo4)Now imagine that like governments, in partnership with central banks, this hypothetical person can (a) force other people to lend them more money, and (b) print more money to pay back what they owe. They can also help their friends who are also in debt but don't personally have these powers.They'll pay you back, but it won't be all that it seems. ...
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Nick Szabo· 2025-11-15 22:38
RT Nick Szabo (@NickSzabo4)@elonmusk And if you squeeze us with the ambient pressure at the surface of Venus, we'd all fit in into the tunnels in the Tokyo subway system.I'm sure that would still be comfy. ...
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Nick Szabo· 2025-11-15 22:28
Macroeconomic Concerns - Global demographics are in long-term decline, impacting the repayment of $111 trillion in investments [1] - Investments may be diluted or repaid with diluted money, creating an illusion of returns for investors [1] Investment Strategy - Trust-minimized assets with low dilution are considered safer over longer time horizons [1] - Despite short-term volatility, these assets are expected to perform relatively better [1]
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Nick Szabo· 2025-11-15 22:24
RT Nick Szabo (@NickSzabo4)@Ragnarok88123 @hoopsandhodl Don't overdose on blackpills. The indigenous population of Germany and the other European countries is still 4-5 times higher than it was in 1700, when Europe was already the leading world civilization. ...
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Nick Szabo· 2025-11-15 22:20
RT Pumphouse7873 (@pumphouse7873)@4thOfJuly365 Full support https://t.co/aLBVwbkY2i ...