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adastra22today at 7:01 AM1 replyview on HN

In 2014 I found myself having to explain the fundamental basis of bitcoin's economic model and Satoshi's contribution to ecash (that the value of proof-of-work is independent of the work it represents, something the cypherpunks consistently got wrong pre-bitcoin) to a non-comprehending Nick Szabo. It's not him.


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vintermanntoday at 7:30 AM

Even if Nick Szabo didn't have anything to do with Bitcoin, I find it very unlikely that he wouldn't know about the core differences between his own system and Bitcoin by 2014.

That's a bit like a mathematician trying damn hard to prove something, proving it for most cases, and then be totally unaware of the proof six months later, relying on his own proof and proving it for all cases. That doesn't sound like it happens very often, especially not for heavily online academics.

Are you sure he wasn't just politely nodding along to the entrepreneur explaining his invention to him?

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