[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.

-- 
Regards,
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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