Tim Bouma

Watch.…

Open systems by their very nature have a cost. Anything that has a cost needs a fair price to be managed in a decentralized way. Bitcoin provides a fair price. Open systems to be fair and decentralized in the long run need Bitcoin.…

Luther institutionalized decentralized faith. Nakamoto institutionalized decentralized money.…

Every #AI process will need its own wallet.…

#AI should really stand for Adversarial Interoperability.…

New Directions in Cryptography…

Albert O. Hirschman’s Exit, Voice, and Loyalty model (1970) is a framework for understanding how individuals respond to dissatisfaction within organizations, firms, or states. It explains three main options available when members or customers perceive a decline in quality, performance, or satisfaction: 1. Exit • Individuals leave the organization, stop…

Exit, Voice and Loyalty…

Don’t mistake the code for the conviction.…

I get it, but you’re celebrating the building, not the institution. #NotreDame…

The Nakamoto Constant of 21e6 and the Shannon Entropy of 2^256 is more than enough to ensure a peaceful global monetary order.…