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Neil Woodfine @nwoodfine
, 3 tweets, 1 min read Read on Twitter
What they ACTUALLY mean by “how to incentivise developers” is “how to incentivse VCs”.
“These tokens are going to make you developers RICH”

....

”One for you...and one for me...one for...”
“Blockchain: the native business model of open source” => “Shitcoins: How I extract rent from this freely available software which is disrupting my previously lucrative artificial scarcity”
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More from @nwoodfine see all

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1/ @Medium promotes articles from token sale scams to their front page and editor's picks, helping a group of scumbags make money at their readers' expense. That gets a pass. As long as the narrative is full of virtue, that's all that matters.
2/ Any articles about actual freedom? "You're scum get f ck d." The prevailing Silicon Valley worldview hates bitcoin and hates freedom. They want to set the agenda, they want to set the tone. They want to define "good" and then make everyone else live by it.
3/ Their mission is to shepherd (socially engineer) their users into a world view of big government, endless welfare, surveillance-solves-everything, disarmed and detoothed, man vs woman, black vs white, young vs old, arbitrary ambiguous “hate” as the ultimate sin.
Read 9 tweets
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1/ “Fiat may not be great as store of value, but it has done great as a medium of exchange, no? Anyway, money needs to be a good enough store of value to make people want it, but a bad enough store of value that people don't want it too long.”
2/ I’d give fiat a C+ for medium of exchange. It’s certainly more convenient than transferring gold within the boundaries of a jurisdiction. It’s mostly useless for anyone elsewhere in the world, and is subject to extreme friction for cross border trade.
3/ Fiat is also heavily censored, making it difficult to move, even for legit business. This problem is getting increasingly worse.
Read 30 tweets
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1/ Bitcoin or an altcoin’s fixed supply is far more than simply its code. The key is *how easy* this variable is to change.
2/ If an increase/decrease can be forked in, it can be forked out. The very fact that monetary policy is open for discussion is a threat.
3/ The strength of bitcoin’s supply limit comes from a combination of factors:
Read 12 tweets

Related threads

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#Blockchain is more than a market. It’s a movement.
Market cap doesn't reflect activity. Decentralized networks are growing.

-10B+ daily API requests served by @infura_io
-1M+ @trufflesuite downloads
-1M+ @metamask_io downloads
-12K+ live @Ethereum nodes
-48M+ unique #Ethereum addresses
-3x @LinkedIn #blockchain job openings
Blockchains are solving real-world problems. Governments get it.

-Israel’s encrypted messaging system
-Estonia’s electronic healthcare record trials
-Dubai’s 2020 initiative
-South Africa Reserve Bank’s @goquorum trial
-Japan’s e-voting system
-Zug @uport_me IDs + crypto ATMs
Read 20 tweets
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I know that nobody’s really paying attention to Canadian politics tonight, but there’s an important point to be made here, and I’ll try to keep it short. #cdnpoli
We like to watch elections like the American midterms and take a smug comfort in the fact that we’d do better. And generally, we do tend to do better, because we don’t put things like “health care is communism, right?” to a vote.
But here’s the thing. The Tories have hired some PR stud from Rebel Media to run their campaign. Not only that, but they’ve let the public know that the 2019 election is going to be an ugly one.
Read 18 tweets
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This is the THREAD for 08/21/2018 "THE CLINTON'S CORRUPTION TO THE MAX"
#QAlert @POTUS #QAnon #Corruption #LockThemUp #QArmy
Q !!mG7VJxZNCI No.172 📁
Aug 21 2018 00:09:08 (EST)
reddit.com/r/greatawakeni…📁
The Great Awakening.
Q
Everyone needs to read this. Slowly, and patiently, because it’s very important......
#QAlert #QArmy #Corruption #ClintonFoundation
Read 39 tweets
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Do you think this au will have a good ending ?
Chapter one.
Where's Donghyuck ?
Read 290 tweets
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It is a sobering reality: 17 weeks to mid-term elections!

If we are going to make a #BlueWave2018 happen, one very critical area is to find out who in your area is specifically focused on getting the full rainbow of voters registered??

If there is, consider volunteering!

1/
If there is not, please consider contacting local churches, community centers, farmer's markets, to see how you can work with them to get everyone registered!

Also did you receive a lot of Puerto Rican refugees in your state? Who is helping ensure they are registered?

2/
From @inspiredjen and @AoCChecklist here are other ways we can support diversity and act to protect equality in our country.

🔥Action 1: Stand with our Muslim neighbors.

✍️Write: Rep. Steve King (R-IA), 526 Nebraska Street, Sioux City, IA 51101.
@SteveKingIA (cont)
3/
Read 18 tweets
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Coming to you LIVE from the Penn Law School crypto law conference panel on blockchain shares. Updates on the progress of the Delaware Blockchain Initiative. Thread here.
"In DE, we succeeded in amending a boring, overlooked line in the law that changed everything about how a corporation could exist - the requirement that a corp keep a "stock ledger".
Now, corporations in DE (the majority of the fortune 500 and almost all of the tech unicorns over the last 10 yrs) don't need a "stock ledger" that's a book or an excel spreadsheet. It can just be a #blockchain . Crazy stuff.
Read 36 tweets

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