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Tobia De Angelis ⚡👾 @tobdea
, 6 tweets, 7 min read Read on Twitter
Collecting some of my all time favorite low-time preference (read: not news clickbait crap) material here:

- "Bitcoin and me" by Hal Finney via @NakamotoInst nakamotoinstitute.org/bitcoin-and-me/

(I'm starting from this one because it makes me cry)
- "A Cypherpunk's Manifesto" Erik Huges
activism.net/cypherpunk/man…

- "Formalizing and securing relationships on public networks" @NickSzabo4 ojphi.org/ojs/index.php/…

- "Robot law" @NickSzabo4
unenumerated.blogspot.com/2006/11/robot-…

- "Wet code and dry code" @NickSzabo4
unenumerated.blogspot.com/2006/11/wet-co…
- "Bitcoin is worse is better" @gwern
gwern.net/Bitcoin-is-Wor…

- "Silk Road" @gwern
gwern.net/Silk-Road

- "Why Bitcoin Matters" @pmarca
dealbook.nytimes.com/2014/01/21/why…
- "Opacity" @nntaleb
medium.com/opacity/bitcoi…

- "Visions of Bitcoin" @nic__carter
medium.com/@nic__carter/v…

- "Bitcoin as a novel market institution" @nic__carter medium.com/@RainDogDance/…

- "The time value of Bitcoin" @timevalueofbtc medium.com/@timevalueofbt…
- "The dawn of trustworthy computing" @NickSzabo4 unenumerated.blogspot.com/2014/12/the-da…

- "ĐApps: What Web 3.0 Looks Like" @gavofyork gavwood.com/dappsweb3.html

- "Visions of Ether" @Felipether
tokeneconomy.co/visions-of-eth…
Bonus

- "SPLIT: thoughts on BIP148, UASF, SegWit, Bitcoin, Life, the Universe and Everything." @giacomozucco
cryptoinsider.21mil.com/split-thoughts…
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1/ Planting Bitcoin - “Development/community” (4/4)

Bitcoin’s perfect seed (genetic code) had been planted at the right and place. Now it was time for Satoshi to nurture Bitcoin’s development.

medium.com/@danhedl/plant…
(Music has been paired with the Medium article)

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2/ “The project needs to grow gradually so the software can be strengthened along the way.” — Satoshi Nakamoto

Satoshi chose to be anonymous, which fit the ethos of the Cypherpunks. People can project hopes and dreams on an anonymous individual, ensuring maximal narrative fit.
3/ Volunteers need to rely on trusting the objective reality of the code, rather than focusing on the merits of the project leader.

“It does not matter to the operation of the technology, in the same way that the identity of the inventor of the wheel no longer matters”@saifedean
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1/ 10 years ago today (Fri 6:10pm 2008-10-31 UTC) Satoshi Nakamoto announced the creation of #Bitcoin to the cryptography mailing list. Satoshi's creation is the most important innovation to money (itself the most important good in any society) in a thousand years.

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2/ When the Bitcoin network launched in 2009, very few people understood its significance. Today, ten years later, Bitcoin's market capitalization stands at over 100 billion dollars.

The great Hal Finney RIP, the first person to receive bitcoins from Satoshi, grokked its import:
3/ Never in the history of the world had it been possible to transfer value between distant peoples without relying on a trusted intermediary, such as a bank or government.

Nakamoto’s invention  allowed this for the first time ever.
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If you’re in the US at the moment, you almost certainly got one of these yesterday. There’s been a lot of confusion about what it is (and what it is not). Let me tell you more about emergency alerts using computer science, history, and of course, Batman. #news 1/
Emergency alerts were deployed in the US in 1951 via the Control of Electromagnetic Radiation (CONELRAD) system. Fearing a nuclear attack during the Cold War, radios could be tuned to 2 AM frequencies (see triangles) to receive civil defense information 2/ radiomuseum.org/forumdata/user…
As the threat of attack decreased, the desire to expand such a system for use in local emergency coordination allowed for the better known Emergency Broadcast System (EBS) to replace CONELRAD in 1963. You’ve heard EAS on your radios and TVs. 3/
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1/ in markets, investor psychology is everything. i shared my thoughts on greed, investor psychology, shitcoin, and market cannibalization at @dezentral_io in berlin and wanted to share some of these ideas here...

option b: skip directly to slides here: slideshare.net/DCGCo/how-to-n…
2/ investors in the crypto ecosystem saw everything go up and to the right. everyone in the market is feeling good, and worth a lot on paper. everyone outside the market is feeling FOMO, and wants in on some juicy returns. the narrative is "blockchain, make me money!"
3/ everyone starts looking for the next #bitcoin, #ethereum, #ripple. people begin to believe that the market will go up and to the right forever, and investors flush with paper returns from the crypto casino rush to multiply their money at the shitcoin roulette wheel.
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1/ The 19th century saw the greatest improvement in the lot of the average human that history has ever seen and perhaps will ever see.

It is no surprise that such momentous amelioration of the human condition occurred under a global hard money standard - the gold standard.
2/ A hard money standard provides an economic framework that lowers time preference across all of society; all fields of endeavor are affected, from philosophy to science, engineering and the arts.
3/ While living standards have improved in the 20th and 21st centuries, we are riding the momentum of the tremendous discoveries and inventions of the past.

Said another way, while society's first derivative is increasing, the second derivative has turned negative.
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