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 ...

RT Nick Szabo (@NickSzabo4)P.S. I think blockDAGs have a great deal of potential, but it is best realized when emphasis is put on applying the better tradeoffs to improving trust minimization rather than on other desiderata such as performance. Bitcoin remains king because so many have prioritized so many other desiderata over trust minimization. ...