Asher Manning (@AsherManning) profile picture
Joined February 2012
Photo by Asher Manning (@AsherManning)
It's a shame to see #TRON trying to inject themselves into #bittorrent, which has worked well for years without it and is a shining example of the success of p2p networks. I'd hate to see anything bad happen to #bittorrent for the sake of a cheap pump.
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#bitcoin has achieved incredible things in just 10 years. The future is bright for #bitcoin, for the patient and perseverant, because there is a long way to go ahead, and no going back.
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Asher Manning retweeted
In the future, we will laugh at the fact that people seriously considered PoS as a solution to secure the world reserve currency. Some are already laughing now.
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Asher Manning retweeted
Scaling a company via code and contracts instead of via people mitigates the Principal-Agent problem. Scaling via community-generated code and content mitigates Hayek’s Local Knowledge problem.
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“We don’t need a Fed. I have, for many years, been in favor of replacing the Fed with a computer. It would print out a specified number of paper dollars to augment the money supply. Same number, month after month, year after year.” — Milton Friedman, 1999
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Are you calling Bitcoin a shitcoin?
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Asher Manning retweeted
“Never an unbannable shitcoin” I’m sorry. Are you completely oblivious to what bitcoin is and why it succeeded over previous centralised e-cash projects?
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Replying to @udiWertheimer
Sounds to me like there's some good ICO potential here. I've seen plenty of 'Energy Efficient' shitcoins, but never an 'Unbannable' shitcoin.
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It isn’t a coincidence that the same people who believe “Bitcoin wastes energy” also believe one could “Ban Bitcoin”
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Dunning-Kruger effect in action
In a recent Deloitte survey, 70% of execs said they consider themselves "#blockchain experts" - a ridiculous stat. What do you think the biggest myth around blockchain is? @paddyucl @liamihorne @Ethan_Heilman @hkalodner @ebryn @LefterisJP @Snyke @vietlq @MartinSFP @Ergobug
The Navals of the world will say that Bitcoin doesn’t incentivize development and that’s why innovation happens on featurecoins. But the only lasting innovation of featurecoins is in marketing. Devs are incentivized to move on to another coin as soon as they encounter a challenge
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Asher Manning retweeted
You become an accredited investor by... Investing in things. Yet you're not allowed to invest in most things if you're not accredited. The more I think about it, the less sense this makes, and the more it feels the system is broken and the cards are stacked against us. – at Petite-Rivière-Saint-François, Québec
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2018 has been a confusing year
Replying to @roham @Haaroony
This comment addresses a different concern. The bigger point is that the block hash is checked in 256 block intervals at the time of birthing, so you can wait til the next interval, see what kitty you get, and then choose to give birth or wait and try again
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Sometimes FUD and truth are one and the same.
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Asher Manning retweeted
Several founders told me they joined crypto because it’s the hottest topic now and they want to make a lot of money. It’s fine for this to be a reason but it shouldn't be the primary driver. Be wary about these statements as you don’t know if they’ll stick around in bear markets.
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If an ICO can raise X million dollars on an unworkable idea, how much can one raise explaining why the idea is unworkable? @derose @fluffypony
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tfw you complete a proof
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Asher Manning retweeted
Why is crypto reporting such garbage? It's reports about reports about reports by people that don't know sh*t. Completely derivative, no original thinking, no insights, blind propagation of ignorance. Invariably, original report is debunked, nobody bothers to update. #shitscoop
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