Can't Put New Wine Into Old Wineskins: Rambling on Freedom Through Crypto

The Handicap Principle is a fundamental idea in biology. It says that the only signal which can be transmitted reliably over an adversarial channel, in other words, one in which the sender can benefit from deception, is one that demonstrates opportunity cost. If the receiver of the signal can see that the sender is giving up on something else just to communicate, it is reasonable to think that the signal is worthwhile to listen to. Otherwise it would be a waste on the part of the sender.” -The Emperor of Bitcoin

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