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

Randall Webmail rvh40 at insightbb.com
Sat Feb 25 02:50:17 EST 2012


From: "John Levine" <johnl at iecc.com>

>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.

I really shouldn't continue this OT thread any longer, but I'll note that all financial panics have a common theme:  Some people get rich selling snake oil to latecomers jumping on the bandwagon.



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