Luka Medic

[Luka Medic @adamedics]

@phyrooo @BitMEXResearch @druidian If I actively try to avoid a topic or gossip about rumors I don't believe in, would that be a problem for you? Don't I have the right to remain silent?

[Luka Medic @adamedics]

@seba1337 @JsiTriga Nov sponzor? 🙈

[Luka Medic @adamedics]

@michaeljs1990 @cryptoquick I see no alternative but to set a deadline for migration and enable "silent transitions". Here is one way to do this

https://t.co/uE7qEBPzBi

[phyrooo @phyrooo]

🧵Silent transition to Post-Quantum Bitcoin outputs is a joint work with @adamedics that describes a scalable path for migration to PQC keys on Bitcoin that mitigates congestion problems before the transition deadline by not requiring users to move coins.
https://t.co/03IzJuWCtr

[Luka Medic @adamedics]

@dallairedemers @phyrooo Direct upgrade is preferable. Silent transition is a plan B when the otherwise preferred option is not adequate, especially if someone (e.g. Satoshi) wants to avoid disclosing their existence for reasons like personal safety or preventing market volatility.

[phyrooo @phyrooo]

🧵Silent transition to Post-Quantum Bitcoin outputs is a joint work with @adamedics that describes a scalable path for migration to PQC keys on Bitcoin that mitigates congestion problems before the transition deadline by not requiring users to move coins.
https://t.co/03IzJuWCtr

[Luka Medic @adamedics]

@aleksj https://t.co/4haMDvJtvO

[Luka Medic @adamedics]

@Koncna_igra @BlogSlovenija @SasoDolenc Ne, dober ponaredek je boljši od degeneriranega originala. Ponarejen ni enako kot degeneriran

[Luka Medic @adamedics]

@Conza @BitcoinRothbard @BitcoinNoder @allenf32 @LukeDashjr Bitcoin is information and information cannot be owned. Is that your argument?

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean Most importantly, utility is always in the eyes of the subject.

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean The point is it was and at that time it was a money substitute, but now this is not the case. I know his "theorem" but strictly speaking it is a hypothesis, and BTC clearly shows that other utility other then being money is not necessary to get pricing.

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean Fiat IS a token money. What does is substitute then? You mentioned it's irredeemable, so don't say gold. Strongly suggest you to read Simmel's Philosophy of money. Among other things he also talks about objectivity, subjectivity and intersubjectivity.

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean Yes and the same is true for token money. To reiterate: once utilized there is demonstration and no longer just subjective belief✅Production requires utility to take place✅Utility requires a thing to have properties which are intrinsic to it✅

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean If you know how to and have means to open it. Otherwise it's pretty valueless isn't it? You have to have some knowledge and belief that something can be utilized.

[Luka Medic @adamedics]

@cheez_cheddar @amphlux @OwenBenjamin @saifedean Of course they are. Tell a squirrel how much utility gold/silver has. Valuation is a belief system as explained above (well, actually you don't need 2 parties, 1 is enough, e.g. Crusoe economy).

[Luka Medic @adamedics]

@seba1337 @_zaze_ @romunov Narejen po knjigi "why bad behavior is almost always good politics" (nisem bral, je pa v planu)

[Luka Medic @adamedics]

@seba1337 @_zaze_ @romunov Dober kratek video na youtubu je "rules for rulers". Mocno priporocam https://t.co/EbSSmc8WQF

[Luka Medic @adamedics]

@seba1337 @_zaze_ @romunov Vbistvu je neracionalno biti neignoranten, torej racionalno ignoranten.

[Luka Medic @adamedics]

@seba1337 @_zaze_ @romunov Pri *direktni* demokracjiji pa vsi odlocajo o vsem neposredno brez predstavnistva. To je sploh neucinkovito v luci rational ignorance, pa tudi ce bi zelel bit neignoranten, je to nemogoce, ker vsemu pac ni mogoce slediti in biti na tekocem.