The below is an off-site archive of all tweets posted by @lopp ever

February 23rd, 2014

@xor @BenDoernberg If it fails, we will learn from the failure, regroup, and try again.

via web in reply to lopp

@xor @BenDoernberg “deserves” = matter of opinion. Don’t get hung up on semantics. If a single exchange is a critical weakness, it will fail

via web in reply to xor

@xor @BenDoernberg If Bitcoin fails due to a single exchange failing… then it deserves to fail.

via web in reply to xor

@xor @BenDoernberg The demise of poorly run institutions will have a negative short term effect, but Darwinism is good for us long term.

via web in reply to xor

@jefft @pmarca is microblogging at you so hard. Not his fault you can’t handle it. :-P

via web in reply to jefft

jonmatonis Mt. Gox Resigns From Bitcoin Foundation online.wsj.com/news/articles/…

via web (retweeted on 10:12 PM, Feb 23rd, 2014 via web)

pmarca Large incumbents in any industry are well aware of this, so they play 2-sided game: simultaneously complaining about & embracing regulation.

via web (retweeted on 10:07 PM, Feb 23rd, 2014 via web)

pmarca Because government regulation establishes high stickiness for incumbents, vs new entrants that are unequipped to handle regulatory load.

via web (retweeted on 10:06 PM, Feb 23rd, 2014 via web)

pmarca Government regulation that purports to protect ordinary consumers generally ends up protecting large incumbents.

via web (retweeted on 10:06 PM, Feb 23rd, 2014 via web)

@YouKnowMissy If you have more questions, don’t hesitate to ask. Cryptocurrency is a very complex beast.

via web in reply to YouKnowMissy

@HailJustin_ I’ve been studying cryptocurrency for years; it’s very difficult to distill into a few minutes of material. Happy to help!

via web in reply to HailJustin_

@TheDanWells @flyosity I don’t see how this is a problem. Except that existing regs make it difficult for us to build competing providers.

via web in reply to TheDanWells

@cooploops13 I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to cooploops13

@crayongela I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to crayongela

@rdkurnianto I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to rdkurnianto

@lkent_ww I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to lkent_ww

@kitandfrank I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to kitandfrank

@rsavaiano I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to rsavaiano

@YouKnowMissy I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to YouKnowMissy

@denverish I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to denverish

@jebarham I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to jebarham

@HailJustin_ I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to HailJustin_

@DjShakit I would start here: medium.com/p/73b4257ac833 - I have more resources listed on my site at sites.google.com/site/bitcoinsi…

via web in reply to DjShakit

@AceRedBand1t @BrothaKuf I invested b/c it is a revolutionary platform for proof of ownership and transfer of ownership of digital assets.

via web in reply to AceRedBand1t

@BeighMANNNN I would start here: medium.com/p/73b4257ac833 - let me know if you want more educational resources.

via web in reply to BeighMANNNN

@top_iq1503 Welcome to the future. :-)

via web in reply to top_iq1503

@LittleShibe Completely agree that “economics = psychology of money / value”

via web in reply to LittleShibe

@aidje Or even better, shouldn’t the people own the Internet infrastructure? My understanding is that regulations are preventing that.

via web in reply to lopp

@aidje I’m all for democracy. Then shouldn’t the people choose not to use providers who impose rules against their interests?

via web in reply to aidje

The more I learn about economics, the more strongly I believe that nobody actually understands economics.

via web

@AddisonTodd I’m interested to see if there will be a great outcry for network neutrality as we enter this new age of network prioritization

via web in reply to AddisonTodd

I’m unconvinced that government regulation to force network neutrality is desirable. Anyone want to try to change my mind?

via web

@JamesGMorgan @kambash @JonnyBitcoin Hardcore crypto enthusiasts run full nodes :-)

via web in reply to JamesGMorgan

@coinmaker321 The @tipdoge bot should be holding your coins - go to tipdoge.info to learn how to withdraw to your wallet.

via web in reply to coinmaker321

@PeercoinPPC @emilepetrone Miners are concerned w/personal efficiency w/regard to their competition. Unconcerned w/efficiency of network.

via web in reply to PeercoinPPC

@PeercoinPPC @emilepetrone Sure; Bitcoin miners are worried about efficiency, so they continually design more efficient ASICs.

via web in reply to PeercoinPPC

@emilepetrone There are alt coins with other mining schemes that try to be “useful” though - such as Primecoin. Not much adoption either.

via web in reply to lopp

@emilepetrone Seems to me that if mining efficiency was of concern to the community, we’d see more Peercoin adoption.

via web in reply to emilepetrone

@emilepetrone This is an area of debate because “wasted work” is subjective. Mining system is designed to operate on brink of profitability.

via web in reply to emilepetrone

@emilepetrone You mean the proof-of-work mining algorithm? It’s designed to be inefficient. Want efficiency? Use proof of stake (Peercoin)

via web in reply to emilepetrone

@carpedurham Don’t just leave money lying on the table, now!

via web

@Dasterdizzle Yeah, “withdraw” is for taking funds out of the bot and put them in your local Doge wallet.

via web in reply to Dasterdizzle

To new shibes who received a tip from me via @tipdoge: instructions for using the bot are on its Twitter profile & at tipdoge.info

via web

@Dasterdizzle You’re not alone - I’ll go ahead and post an explanation.

via web in reply to Dasterdizzle

@tipdoge tip @Syngeneer 1000 doge - whoops, I accidentally skipped over you due to the deluge of RTs.

via web in reply to Syngeneer

I’m indebted to the crypto community for renewing my faith in humanity. Together we shall overcome bad actors of all shapes & sizes.

via web

mark_a_howard @lopp A fundamental optimism reified in the code of the Bitcoin protocol. Honey badger mocks cynicism daily!

via Tweetbot for iOS (retweeted on 9:46 AM, Feb 23rd, 2014 via web)

While weasels will always be afoot, cryptocurrency is based upon consensus mechanisms that work because there are more good actors than bad.

via web

@tipdoge tip @sandpiled 12400 doge - draining my tipjar in that case!

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@tipdoge tip @dhritiman 1000 doge

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@tipdoge tip @Stlstylee 1000 doge

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@tipdoge tip @anaraug 1000 doge

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@tipdoge tip @phalgun_g 1000 doge

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@Dasterdizzle You were one of the 100 who RT’d my water bowl tweet :-)

via web in reply to Dasterdizzle

@tipdoge tip @sandpiled 5000 doge - I can’t undo tips to bad shibes, but I can give you more than they got! Take that, @tipdoqe!

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@tipdoge tip @virtcurnc 1000 doge

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@tipdoge tip @ChinBTC 1000 doge

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@tipdoge tip @girl_onthego 1000 doge

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@tipdoge tip @kidjesus 1000 doge

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@tipdoge tip @coinmaker321 1000 doge

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@tipdoge tip @Dasterdizzle 1000 doge

via web