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Nick Szabo Quotes
Nick Szabo Quotes
Nick Szabo
American
Scientist
Been
Everything
Matter
Secure
Smart
Try
Related authors:
Ben Carson
Carl Sagan
E. O. Wilson
George Washington Carver
Isaac Asimov
Margaret Mead
Neil deGrasse Tyson
W. Edwards Deming
Smart property might be created by embedding smart contracts in physical objects.
Nick Szabo
Property
Smart
Physical
Objects
Contracts
Might
Created
There's a strong distinction to be made between dry code smart contacts and wet code's physical law. So law is based on our minds, our wetware - it's based on analogy. The law is more flexible; software is more rigid. Various laws tend to be batched in jurisdictional silos. Software tends to be independent.
Nick Szabo
Strong
Law
Smart
Made
Analogy
Software
Our
Minds
Distinction
Independent
Rigid
Physical
Laws
More
Various
Tend
Tends
Contacts
Between
Dry
Wet
Flexible
Code
Based
What proplets do is they look to the blockchain to see who owns them; they are kind of like SIM cards today - they know where they are at.
Nick Szabo
Today
Blockchain
Kind
See
Like
Know
Look
Owns
Where
Them
Who
Cards
With original cryptography, you are just trying to secure one narrow thing - say, communications - and you are trying to secure it from a third party. But you can't secure it from the party you are talking to if they forward your email; it doesn't matter how well your email is encrypted.
Nick Szabo
You
Matter
Party
Email
Say
Secure
Cryptography
Well
Talking
How
Narrow
Trying
Just
Communications
Your
Forward
Original
Thing
Third
It's completely reasonable, even if some Bitcoin currency purists wouldn't like it, to have credit and debit card payments denominated in Bitcoin rather than dollars, and net settled on Bitcoin instead of on Fedwire.
Nick Szabo
Bitcoin
Settled
Some
Net
Rather
Instead
Like
Dollars
Than
Currency
Payments
Reasonable
Even
Credit
Card
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