X @Nick Szabo

RT Lori Singer Meyer (@Loriss65)I went back and re-read Satoshi's White Paper today. People have read it all wrong. It is written to create a network that minimizes the potential for attack from malicious actors, NOT to create "pristine" collateral. Any policies or consensus rules that do not have this as their ultimate purpose, are not within the original design of Bitcoin, and will weaken its ability to survive whether it be as "a store of value" or a currency or anything. ...