This is Nick Szabo. He’s a cryptocurrency legend who some people believe is Satoshi Nakamoto. But I'd never heard of him until he broke a 5 year Twitter silence last month. So I spent hours digging into his incredible story. Here's 7 reasons he’s a bitcoin legend:

We don't need more bitcoin podcasts. Understanding bitcoin is a bandwidth issue. People have limited time, energy, and capacity. Most are working hard just to get by. They won't find bitcoin. But under the right circumstances, bitcoin might find them.

💯. And don't forget that real BTC means you can validate with your own node.

This is Nick Szabo. He’s a cryptocurrency legend who some people believe is Satoshi Nakamoto. But I'd never heard of him until he broke a 5 year Twitter silence last month. So I spent hours digging into his incredible story. Here's 7 reasons he’s a bitcoin legend:

@TomasGreif “…all money mankind has ever used has been insecure in one way or another. This insecurity has been manifested in a wide variety of ways, from counterfeiting to theft, but the most pernicious of which has probably been inflation -@NickSzabo4

Bitcoin dominance is back where it was on Friday before the "crash". People have learnt nothing after all? All that whining on X about altcoins bankrupting people and here go again. Who are these buyers?

If you enjoyed this thread: 1. Follow me @TomasGreif - I'm the Chief of Product and Strategy at @BraiinsMining, for more tweets about bitcoin and mining. 2. Retweet this thread so others can learn about Nick Szabo.

It’s safe to say that Nick has played a massive role in the work that led to bitcoin’s invention. To me, his return after 5 years signals bitcoin has reached a critical point where original cypherpunk principles need defending. It’s good to have another cypherpunk around to

7. His blog "Unenumerated" is a treasure trove His essay "Shelling Out" traces money's origins from shells to precious metals, showing why money needs to have unforgeable costliness. He only posts when he has something profound to say. Every post is essential reading.

6. He was an early supporter of Ethereum. They even named an Ethereum denomination after him (the "szabo"). But he's since turned critical. His take: "Ethereum's primary use cases are largely external to ETH's market value"

5. The Satoshi mystery Linguistic analysis by Aston University pointed to Szabo as the whitepaper author. Wei Dai said only "Nick Szabo and me" had the ability to build bitcoin. Nick denies it. But even if he's not Satoshi, he's clearly one of its intellectual architects.

4. He was an original Cypherpunk in the 1990s He took part in the early Bay Area meetings with Timothy May and Eric Hughes and played a huge part in fighting the NSA's Clipper chip surveillance.

3. His core philosophy: "Trusted third parties are security holes" They limit innovation, hide agendas, and create prohibitive transaction costs. This principle became bitcoin's foundation for trustless design.

2. He coined "smart contracts" in 1994 His vision: computerized protocols that execute contract terms automatically, eliminating trusted intermediaries. He is the father of all truly decentralized finance.

1. He invented Bit Gold in 1998 (One of bitcoin's direct predecessors) It used proof-of-work puzzles, timestamping, Byzantine fault tolerance, and a growing chain of cryptographic challenges. Many of the things bitcoin uses today originated in his design 10 years earlier.

What helps? 50% LTV. Double collateralization minimizes risk for both borrowers and lenders.

I wonder who opened the $200m short right before the markets nuked.

Stop trading with leverage. Really… just stop it. You’re giving your hard earned money to insiders and market makers. Buy spot and hold… but just for the love of all holy… STOP using leverage.

Wow, new single from Steppenwolf inspired by altcoins.

https://t.co/yMBVIN8mje