New UK Chancellor of the Exchequer @KwasiKwarteng in 2015: “People who can game the system, a system which relies on printing huge amounts of paper currency, are going to be in a much more advantageous position than the average person” 👀 #bitcoin
If the UK media wasn’t so useless they’d cover this and books he’s written including on War and Gold. Instead all they cover is race and etiquette at royal funerals 🙄
“Order is represented by the gold standard or by a commodity standard… Chaos is when you don’t have any kind of mooring to commodities, you have fiat, paper money and you’re at the mercy of the printing press.”
One possible post Brexit path was always to position UK as a low tax, less regulatory onerous Singapore of Europe and attract wealth from EU, Switzerland etc. Not sure if all the tax cuts make sense but it has certainly upset the WEF/IMF types

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More from @michaelfolkson

Sep 24
.@btcazores 2nd day 2pm: Signet update w/ @0xB10C, @josibake and others. Signet is a better testnet but there have been proposals to add manufactured re-orgs to Signet and soft fork proposals to Signet.
Not too much interest in adding re-orgs to signet so far. fork.observer could support visualizations of signet re-orgs. How long should they be, how often etc. For example once a day or once a week.
Testing re-orgs is generally better on demand with regtest rather than waiting around for scheduled re-orgs on signet. Should there be two signets in parallel with re-orgs on one and not the other?
Read 44 tweets
Sep 23
.@btcazores 2pm: @LLFOURN discusses DLCs using BLS signatures. BLS avoids the randomness (nonce) requirement in the signature (versus say Schnorr) with a unique signature per message. eprint.iacr.org/2022/499.pdf
Not sure how Fedimint fits in. You can have a federation of oracles signing a DLC outcome but other participants in the DLC don't need to be within the Fedimint.
.@btcazores 3pm: @salvatoshi on covenants and fraud proofs. Starting up with Merkle trees and showing which of 2 parties is lying about the commitments hashed within the Merkle tree.
Read 63 tweets
Apr 3
I have met and got to know a statistically significant number of men and women in my life. The premise that men and women are the same and want the same things from a mate (assuming heterosexuality) is beyond laughable. You can shame me and attempt to cancel me but that’s all.
Now you can claim those differences are caused entirely by societal factors. I think this is also nonsense but it is an interesting topic of discussion (nature vs nurture). But on the men and women don’t have differences topic, nah. The data has spoken.
In a broadly information economy these differences matter less than say in a hunter gatherer economy. But they still pose challenges. A increasingly feminized workplace culture is not optimal for men just as a masculine economy (e.g. Mad Men) was not optimal for women.
Read 5 tweets

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