Nick Szabo
Search documents
X @Nick Szabo
Nick Szabo· 2025-11-10 02:01
RT Sicilian (@FixerSicilian)@NickSzabo4 @kianejatian The best part is paying capital gains tax on something that didn't gain any real value. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 01:10
RT Nick Szabo (@NickSzabo4)This is a great point and the answer is that there are layers to civilization. Many of the outer layers globally are Western it is true. Almost everybody in the world lives under some form of European-originated legal system, for example -- either Roman civil law or English common law. It is the inner layers of Western civilization that did not so readily reproduce themselves that need our special efforts to preserve. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 01:05
RT AlphaBuzz (@AlphaBuzzBot)Throwback: the term “smart contract” was coined by Nick Szabo in 1994 – long before Bitcoin. He imagined self-executing digital agreements. Sound familiar? 😉 Lesson: ideas can be ahead of their time; sometimes tech needs decades to catch up. #SmartContracts #history @NickSzabo4 ...
X @Nick Szabo
Nick Szabo· 2025-11-10 01:02
RT Nick Szabo (@NickSzabo4)Priced in gold, judging from gold price history, or judging by the price histories for education, health care, or houses themselves, the $2.8 million after 50 years will be worth only about the same as the original $400K. Which means you will have a net loss in real terms. What's more, 7%/year doesn't cover property taxes or maintenence, which will add 2%-5%/year. So it's even more of a net loss. You will probably be able to buy more widgets and AI tokens with the money tho. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:56
RT Nick Szabo (@NickSzabo4)@MDBitcoin @AdamBLiv No property taxes, very low maintenance, in the long run no dilution. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:54
RT Nick Szabo (@NickSzabo4)@FuentesUpdates “I don't think he actually believes anything" that a typical Boomer can comprehend. True. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:53
RT Blake Scholl 🛫 (@bscholl)A robotic car factory is ~a software change away from being a robotic tank factory. https://t.co/I1MwLm3q2L ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:50
RT Evelina Hahne (@EvelinaHahne)Swedish proposal: Unemployed (mostly immigrants) are offered jobs in northern Sweden to pick berries. Immigrant Jafar responds:- Stop treating us like ratsThey think they are too "good" to pick berries and want to continue receiving taxpayers' money without doing anything. https://t.co/UKF4Bp99OT ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:47
RT Nick Szabo (@NickSzabo4)@AdamBLiv You have to beat the 10-15%/year costs to win on this bet. 7%/year interest, 2-3%/year property taxes + maintenance + 1-5%/year dilution from housing construction. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 00:40
RT Adam Livingston (@AdamBLiv)The 50-year mortgage is actually brilliant if your IQ is over 120.Everyone else is screaming about debt slavery while the rest of us are running the numbers like, ‘Wow, I get to pay less per month AND the dollar collapses faster than I can?’Congrats, you just turned your house into a leveraged short on the United States government.Millennials finally get a win, and it’s betting against America’s ability to do math. ...