Adam Backs dementia problem
On the senile cypherpunks planet piss is lemonade and shit is chocolate. Also wise Guys never took out contracts on anybody and online assassination markets were never even dreamed of. " . . Cypherpunks like Wei Dai, Tim May, myself were interested in smart contracts, anonymous or pseudonymous commerce using reputations, good behavior bonds etc without the possibility for physical enforcement and smart contracts rather than court/arbitration process. A decade of alt Adam Back @adam3us altcoin premines, ICOs, definitely, nft rug-pull exit scams shows empirically that was maybe optimistic. Self regulation, smart contracts, in theory preferable, in practice can it work in isolation? I think cypherpunks underestimated the casino use case with rug-pull incentive. . . . " Reposts not revisionist crap from a circle of lapdog eunuch poodles.
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