[148818] in cryptography@c2.net mail archive
Re: [Cryptography] On Security Architecture, The Panopticon,
daemon@ATHENA.MIT.EDU (=?UTF-8?Q?Lodewijk_andr=C3=A9_de_l)
Sat Dec 28 20:20:21 2013
X-Original-To: cryptography@metzdowd.com
In-Reply-To: <21182.24688.867806.397826@desk.crynwr.com>
From: =?UTF-8?Q?Lodewijk_andr=C3=A9_de_la_porte?= <l@odewijk.nl>
Date: Sun, 29 Dec 2013 01:06:46 +0100
To: Russ Nelson <nelson@crynwr.com>
Cc: Cryptography Mailing List <cryptography@metzdowd.com>
Errors-To: cryptography-bounces+crypto.discuss=bloom-picayune.mit.edu@metzdowd.com
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2013/12/28 Russ Nelson <nelson@crynwr.com>
> The hashing thing is just a way to distribute bitcoin more-or-less
> fairly at the beginning -- and we're still at the beginning.
>
In a system without discrimination, but fair is worlds away.
> Satoshi is more of an economist than a cryptographer.
>
He solved a consensus problem and applied it to finance. He thought
strongly of how to make it popular, and introduced this insanely strong
early adopter advantage. After that all else becomes secondary, those
initial people will push the product knowing the potential gains.
He definitely cared a lot about anonymity too, and all those other things
that come with anonymous money. But he failed to make that.
I think overall he should be pretty disappointed with his production. The
rate of adoption for purposes other than speculation is also disappointing.
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<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">2013=
/12/28 Russ Nelson <span dir=3D"ltr"><<a href=3D"mailto:nelson@crynwr.co=
m" target=3D"_blank">nelson@crynwr.com</a>></span><br><blockquote class=
=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padd=
ing-left:1ex">
<div id=3D":311" style=3D"overflow:hidden">The=C2=A0hashing thing is just a=
way to distribute bitcoin more-or-less<br>
fairly at the beginning -- and we're still at the beginning.<br></div><=
/blockquote><div><br></div><div>In a system without discrimination, but fai=
r is worlds away.</div><div>=C2=A0</div><blockquote class=3D"gmail_quote" s=
tyle=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div id=3D":311" style=3D"overflow:hidden">Satoshi is more of an economist =
than a cryptographer.</div></blockquote></div><br>He solved a consensus pro=
blem and applied it to finance. He thought strongly of how to make it popul=
ar, and introduced this insanely strong early adopter advantage. After that=
all else becomes secondary, those initial people will push the product kno=
wing the potential gains.</div>
<div class=3D"gmail_extra"><br></div><div class=3D"gmail_extra">He definite=
ly cared a lot about anonymity too, and all those other things that come wi=
th anonymous money. But he failed to make that.</div><div class=3D"gmail_ex=
tra">
<br></div><div class=3D"gmail_extra">I think overall he should be pretty di=
sappointed with his production. The rate of adoption for purposes other tha=
n speculation is also disappointing.=C2=A0</div></div>
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