X @Nick Szabo
Nick Szaboยท2025-10-08 01:31
RT 941 (@level941)Gold survived millennia because no alternative could outperform it under analog conditions. Once computation and cryptography arrived, the constraint lifted.The Lindy clock resets when a new medium performs the same function with less trust.Bitcoin is that reset.Szabo wrote about all this already.Satoshi also mentioned this would happen.This debate was already coded. ...