Solstin on Nostr: Circulation of Second-Layer, Asymptotically Ideal Money #AES #Bitcoin §63 The ...
Circulation of Second-Layer, Asymptotically Ideal Money
#AES #Bitcoin §63
The network effect is not limited to money. I agree with Jason Lowery’s generalization: “ALL bits of information.” The 2008 decentralizing innovation solved the digital double-spend problem without an intermediary. Not just high-velocity value. The peaceful revolution will also decentralize high-velocity data. Censorship-resistant value and censorship-resistant data will punch holes into the Great Firewall of China.
Published at
2024-04-09 06:57:17Event JSON
{
"id": "a63e813df6d3f765e591f60ed8bcd4455fb8374d80d40ee77499dac241c912f5",
"pubkey": "7131cf6b2acca7d8b413c9d055f2b7cb001f012ced7003a254bb633551bca946",
"created_at": 1712645837,
"kind": 1,
"tags": [
[
"t",
"aes"
],
[
"t",
"bitcoin"
]
],
"content": "Circulation of Second-Layer, Asymptotically Ideal Money\r\n#AES #Bitcoin §63 \r\nThe network effect is not limited to money. I agree with Jason Lowery’s generalization: “ALL bits of information.” The 2008 decentralizing innovation solved the digital double-spend problem without an intermediary. Not just high-velocity value. The peaceful revolution will also decentralize high-velocity data. Censorship-resistant value and censorship-resistant data will punch holes into the Great Firewall of China.",
"sig": "50c632169a0b6008eadb060205d8239c686a03c78195b9844b4e3287dd01574940482da34b72f14ce18beaad4f2d72df623efc9ca221aca68661370c0e37c532"
}