The Nakamoto Collective is almost the only forward looking thing I can think of. 11 years ago, I was unable to get our Prime Broker to take seriously that a small Hedge Fund wanted to speculate on some new concept. It was so cumbersome that I gave up and wrote an essay instead...

I remember the polite discussion about liquidity, clearing, custody, spreads, etc. By the end, they were laughing at us. There is something about *institutional* ridicule that allows those who had just blown up the world to deride others even when the institutions are disgraced.
Bitcoin at the time felt totally sketchy as a financial instrument as it was tied to contraband. But I didn’t see it as money. If I did, I would be unimaginably wealthy if I didn’t lose it all to digital theft, accidental loss or spending it . But I am an idiot in these matters.
The reason I was interested in it was more complex. If Bitcoin was digital gold, and gold was a quantum mechanical wave, then some group had created a:

1) Novel
2) Locally enforced
3) Digital
4) Conservation law

Called the blockchain. And money was but one thing it could be.
Can you imagine. Some group was creating as-if physics inside the network. Bitcoins to me were ‘waves’ propagating not in vector bundles, but on networked computers as substrate.

This was genius. I reasoned at the time that it didn’t make sense to me as a medium of exchange.
And I hated the blockchain. What the Satoshi collective had done was genius. But there should be no ledger. Gold, as a wave, doesn’t tell you where it has been. So instead I dreamed of meeting the Satoshis and getting rid of that damn implementation by using digital bundles.
So, Satoshis if you’re out there, you haven’t needed fame or been eager to cash in. That is likely because you get where this is going. Please find me or someone who can explain how AU works as a wave in a bundle. Let’s build a new digital physics around local conservation laws.
I wrote this 11 years ago. I always thought you’d read it & come find me. You weren’t rich then. You were either a government project, a collective or a lone genius. But you inspired me like little in our time. This was my attempt to get you to reach out:

https://t.co/6rVAj2jQYQ
Thank you. For everything. And congratulations. Not on your wealth, but for giving us all the means of escape. For creating something truly new. And for having it up for for so long and proving the naysayers wrong. I have no words.

What you created wasn’t money but hope. 🙏

More from Crypto

1/ @MIT discussing the need for blockchain gateways to achieve interoperability across different blockchain networks, and to support the cross-blockchain mobility of virtual assets

https://t.co/PbjQkSlTT3

@quant_network are collaborating with MIT in the creation of ODAP

$QNT

2/ "In order for blockchain-based services to scale globally, blockchain networks must be able to interoperate with one another following a standardized protocol and interfaces (APIs)"

Gilbert founded ISO TC307 which 60 countries are working towards standardizing the interfaces


3/ "We believe that a blockchain gateway is needed for blockchain networks to interoperate in a manner similar
to border gateway routers in IP networks. Just as border gateway routers use the BGPv4 protocol to interact with one another in a peered fashion we believe that a...

4/ blockchain gateway protocol will be needed to permit the movement of virtual assets and related information across blockchain networks in a secure and privacy-preserving manner"

You can read more about the gateway protocol ODAP in this 21 tweet


5/
"We motivate the need for blockchain gateways and blockchain gateway protocols in the following summary:

✅Enables blockchain interoperability:
Blockchain gateways provide an interface for the interoperability between blockchain/DLT systems that operate distinct consensus...
1/9 #BSC Daily from


2/9 #BSC Daily from
1/ Welcome to #DeFi Wednesday.

Let's talk about how interest-bearing cash on a blockchain is going to revolutionise boring corporate treasury management that concerns every company is is a larger business than all crypto trading in the world.

Enter the thread

👇👇👇


2/ Blockchain community is often seen as toxic maxis and redditors who shill other their weekly favourite shitcoin in the hope of getting Lambo.

Sometimes we also do things that progress humanity towards the better future and interest-bearing cash is one of those things.


3/ Less chad and more things that actually matter:

My incomplete theory of interest-bearing cash is also available also as a blog post:

https://t.co/uiG0fZiVyu

It is 15 pages. Pick your slow poison or die fast by continue reading here.

4/ First time in the history we have an ability to create interest-bearing cash-like instruments.

Interest-bearing cash ticks up dollar (euro) balance real-time in your wallet.

Here is a demonstration using @aaveaave aDAI, based on @makerdao DAI, and @TrustWalletApp


5/ Interest-bearing cash is not like your bank's saving account. Your money in a bank is not yours, but bank's. There are some flaws in the current banking system causing a headache for Chief Financial Officers (CFOs)

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Rig Ved 1.36.7

To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.

1/9


Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.

2/9

We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.

3/9

तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥

Translation :

नमस्विनः - To bow.

स्वराजम् - Self illuminating.

तम् - His.

घ ईम् - Yours.

इत्था - This way.

उप - Upaasana.

आसते - To do.

स्त्रिधः - For enemies.

4/9

अति तितिर्वांसः - To defeat fast.

मनुषः - Yajman.

होत्राभिः - In seven numbers.

अग्निम् - Agnidev.

समिन्धते - Illuminated on all sides.

Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.

5/9