Liability
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X @Nick Szabo
Nick Szabo· 2025-11-17 05:01
Financial Liabilities - The US borrowed and spent over $8 trillion, which is now worth $0 [1] - This resulted in a $400 billion annual Veteran's Affairs bill that grows approximately 2x tax receipts [1] Analogy - The situation is analogous to a company borrowing $8 trillion to buy an asset that becomes worthless [1] - The company is then left with a $400 billion/year asbestos liability that grows 5-10% annually [1]
X @Nick Szabo
Nick Szabo· 2025-11-16 00:43
RT Joyce Dawn (@BitcoinWifey)CSAM liability rests on three pillars:1. You know it exists.2. You can retrieve it.3. Providing a pathway for others to access it.Core v30 undeniably srengthens #3 by expanding how nodes relay and serve arbitrary data, which moves node behavior closer to what courts already treat as distribution in non-blockchain cases. That’s just factual.OP_RETURN doesn’t blur the line, it announces itself.It’s explicit, non-monetary data, clearly intended for arbitrary payloads, and trivial t ...
X @Nick Szabo
Nick Szabo· 2025-10-04 01:49
Legal & Liability - Lawsuits targeting miners with deep pockets are anticipated, potentially making them primary targets if legal teams can establish liability [1]
X @Investopedia
Investopedia· 2025-08-10 23:00
A liability is something a person or company owes, usually a sum of money. Payment can be either near- or long-term. Liability can also mean a legal risk or obligation. https://t.co/Mr9QRfAU2V ...
