RT Nick Szabo (@NickSzabo4)Bitcoin's functionality as a store of value is not improved by most of these apps, and as the legible content problem illustrates, it is often degraded by their demands for legible-sized data buckets and other demands that degrade Bitcoin's trust minimization, make its operation riskier or otherwise more costly, or prevent it from making improvements that would further minimize trust or otherwise improve its currently superior ability to store value. ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)I'm writing about very real laws in very real jurisdictions in which Bitcoin miners, pools, noderunners, and wallets operate. Real laws in real jurisdictions are quite far from being "speculative boogeymen." There are, today, libraries full of an extremely wide variety of laws that apply to an extremely wide variety of arbitrary content.In all the technology examples you list, it is possible for the operators to *delete* data once they have obtained knowledge that it exists, witho ...

RT Nick Szabo (@NickSzabo4)@LukeDashjr Most folks have long since forgotten what the actual main point (trust minimization) of gold was. ...

RT Nick Szabo (@NickSzabo4)No, there are technological designs, especially wrt to trust minimization, that are superior or inferior for the store of value use case. Bitcoin has a quite superior design for this purpose (not necessarily for other purposes) that few competitors have even tried to match. They are too focused on other use cases -- medium of exchange, smart contracts, etc. These can be fine use cases but they aren't closely linked to the market value of the asset the way the store of value use ca ...