[cryptography] (off-topic) Bitcoin is a repeated lesson in cryptography applications - was "endgame"

John Levine johnl at iecc.com
Sat Feb 25 02:39:03 EST 2012

>Then you'll find out about Santayana's curse - those that don't study 
>history are doomed to repeat it.  For reference, start with read John 
>MacKay, _Extraordinary Popular Delusions and the Madness of Crowds_.

MacKay turns out not to be all that accurate.

The definitive work on financial bubbles is Kindleberger's "Manias,
Panics, and Crashes: A History of Financial Crises."  Get the 2005 5th
edition, which was edited by Robert Solow after Kindleberger died.

It's quite readable, and should help put Bitcoin in context.

John Levine, johnl at iecc.com, Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. http://jl.ly

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