[cryptography] (off-topic) Bitcoin is a repeated lesson in cryptography applications - was "endgame"
James A. Donald
jamesd at echeque.com
Sun Feb 26 19:43:33 EST 2012
> See 2011 shareholder letter
Warren Buffet's argument leads to the conclusion that had Roman in the
time of Caesar invested a talent in land, or deposited some money with
the money lenders to earn interest, his descendents would now be worth
10^67 talents, or about one trillion trillion trillion trillion trillion
trillion dollars, whereas had he buried a talent of gold in the ground,
that Roman's descendents would now be worth about one talent, which is a
few hundred dollars.
More information about the cryptography