As far as I know, no one is stopping anyone from putting shitcoins on Nostr. Its an opensource protocol, the protocol won’t stop them. The problem is that most shitcoin developers are to busy scamming their tokens to actually build it. They know that it wouldn’t really add any value to their pockets.

Reply to this note

Please Login to reply.

Discussion

Saying “they can build their own clients” is a copout.

Protocols are about interoperability, if the clients don’t talk to each other, it’s not a protocol, it’s just a bunch of walled gardens sharing a name.

That’s exactly why we need to expand the Zap NIP to read the payment preferences in users’ profile metadata. Profile data should allow more than just a Lightning address. If a user specifies another currency, clients should respect that.

Right now, in response to closed, coin specific ecosystems, we’ve basically created our own version of the same thing, just dressed up as “freedom” and “openness.” If Nostr really wants to lead, it should be open by design, not by slogan.