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Jason Lowery Profile picture
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19 Dec, 4 tweets, 1 min read
Ethereum is useful f/lots of reasons, but sovereignty isn't 1 of them. This is why PoW is more secure than PoS. The fundamental security flaw of PoS is that it gets increasingly harder to countervail the control authority of stakers over time, forcing users to trust them
Stakers can change the validation rules on you. Stakers can withhold valid transactions from the ledger. You necessarily have to trust them not to do these things b/c you have increasingly less ability to countervail their control authority if they start breaking bad.
Yes - it is this simple.
P.S. We already know that the largest group of stakers will be an anonymous group of pre-miners called the Ethereum Foundation who are led by a Russian guy.

🤷‍♂️

IDK what else to say guys.
I will never recommend ETH as US reserve asset.

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More from @JasonPLowery

Jason Lowery Profile picture
18 Dec
Don't mistake detail for information. Knowing technical details of things doesn't necessarily signal intelligence.

People who can (accurately) explain complex topics in simple ways have high signal-to-noise ratio b/c they know how to identify & filter out unimportant details.
The oldest trick in the book is using technical detail/jargon to attempt to signal intelligence, or as an obfuscation tactic to essentially deflect/escape an argument they can't win.

Engineers, scientists, & analysts do this often. It's easy to spot & very disingenuous IMO
Interestingly, this is one reason why the DoD pays for officers to attend esteemed engineering schools & get the highly technical degrees.

Makes it harder to BS military officers. You dont want your violence-wielders to be susceptible to BS.
Read 4 tweets
Jason Lowery Profile picture
11 Nov
@saylor @LynAldenContact Bonds & equities essentially just take energy from the future and store it in the present. They are synthetic forms of collateral pledged as repayment for loans (credit), that humans use in lieu of legacy collateral (land, gold) because they have better scalability & Tx speed...
@saylor @LynAldenContact The problem with bottling future energy up and selling it as collateral today, is that we can't actually predict how much future energy we're going to have. The future has a way of surprising us, and therefore makes it a terrible form of repayment (i.e. collateral) for credit
@saylor @LynAldenContact If only there were a way we could bottle *present* energy and sell it as collateral today... that way we eliminate the risk that future energy doesn't play out like we expect, but we still get the benefits of scalability and tx speed... we need some form of energy-based commodity
Read 5 tweets
Jason Lowery Profile picture
9 Nov
Pro Tip for AstroBiologists:

If we discover an alien planet inhabited by life, the easiest way to identify the peak predator of that planet is to look for the animal that keeps pets.

That's the peak predator.
My ancestors used to wake up in the morning & think, "what's the best way I can avoid being murdered by a pack of wolves today?"

I wake up in the morning & search for more adorable pictures to add to my weiner dog pinterest board

pinterest.com/jasonplowery/w…
@Breedlove22
Read 4 tweets
Jason Lowery Profile picture
2 Nov
@WolfOnSports @reederooski @saylor 1/X Everything in meatspace carries a utility value & a monetary value. Humans fight for both using kinetic-derived (force on mass) power projection. We defend our monetized property by making it too cost prohibitive attack using this power.
@WolfOnSports @reederooski @saylor 2/x Recently, humans created a new form of monetizable property, digital synthetic commodities called satoshis. It's defended by electricity-derived (current on resistor) power projection. miners project power to make it too cost prohibitive to attack BTC's chain of custody
@WolfOnSports @reederooski @saylor 3/X in this sense, BTC is not merely a new form of money, it's actually a new digital form of analog warfare. It performs the same function (protect & defend monetized property, achieve consensus on state of custody), but it takes a much better form with much less mess...
Read 11 tweets
Jason Lowery Profile picture
31 Oct
Meeting my daily Linkedin no-coiner debate quota today: Image
I think I figured it out. Linked-In is fundamentally a credentialist platform. A person's linkedin page is essentially a credential-bragging page. Credentialists have high probability of not understanding #BTC .
I have a decent understanding of #BTC as well as decent credentials, so this puts me in a unique position of strength on Linkedin, b/c i can disarm credentialists who attempt to tacitly cite their credentials to discredit BTC.
Read 5 tweets
Jason Lowery Profile picture
31 Oct
The store of value token is the cryptoeconomy value denominator - the implicit unit of account for all value to be generated in the future. Own the denominator token, and you will own it all...
People who favor alts over #bitcoin are assuming a future where these different coins live on the same layer, as equals. They do not believe on will denominate the other because the value of both are currently denominated by USD.
What they fail to understand is that when USD falls, the world will need a new denominator, and there will be one obvious answer - the energy token, the one we've already been tacitly using to compare the performance of altcoins for years
Read 5 tweets

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