if bitcoin and nostr were truly easy to use, then everyone would already be using bitcoin and using nostr. that means there's a lot of work to be done to achieve these goals.
Discussion
So..........you said bitcoin.
Shout it from the mountai...roadside!
If I can do it, anyone can do it. They just need the desire to do it.
It requires a bit of work. Which is why I don't want to make my own sausage. I like to go to my local meat market and buy it.
If 60% of the world could afford a computer or to sit still and use it learning how to use NOSTR and Bitcoin would truly change the world much faster. There are some whales that need to focus on alleviating poverty more.
Don't think I want everyone to use #bitcoin and #Nostr 😑
Nostr and bitcoin are definitely much easier more easier to use than i initially thought! But most of the world lacks curiosity!
Most people aren't ready for #Bitcoin or #Nostr. There's comfort and familiarity in being Sheeple and #serfs. AGI💎 will help them, when it's ready..💀🐑🙈🙊🙉🐒🦍🧡💜AGI💎😊
I saw a similar note from Peter McCormick yesterday. I think it is good that people developing wallets are finding funding, But a lot of new companies are becoming redundant. The same amount of investment going towards a village would make a much bigger impact, But it still is early on. Micro strategy and El Salvador are making the institutional case for bitcoin, But real low level distribution kind of goes against the libertarian value system, And it has the potential to create Micro government systems. Fedimints is a great example, Interesting tech, Using Delaware offshore shell registration to build a bridge between the banked and the “federated” but this model creates a lack of sovereignty by participating in a federation. Things like fedimints will be the most likely vector for people coming from extreme poverty into bitcoin and digital assets. If there were more whales focusing on giving the resources and technology, IE giving people smartphones loaded with .001 btc to people in the developing world, These micro economies would start developing themselves. Bitcoin is hyper capitalist at best.
Please explain for me how “real low level distribution kind of goes against the libertarian value system, And it has the potential to create Micro government systems.”
And how does participation in a federation create a lack of sovereignty?
Honestly. I think of libertarianism as being exactly the mindset that will facilitate the development of sovereign micro economies and decentralized governance.
Thanks.
Because someone participating in libertarian values is usually someone preserving capital, And someone at the bottom trying to build capital to start with benefits more from a progressive society that values humanity as opposed to established capital. Libertarian values in the United States are exactly why many aspects of the human rights movement were not ratified so corporations could benefit from more favorable conditions for corporations as opposed to Europe, Where healthcare, Housing and Education are seen as human rights.
A federation such as fedimints allows you to swap your sovereign bitcoin to trade on fedi tokens, That feed the values of Fedimints instead of yourself. Cool financial tool, But this again puts one person at the top of the federation instead of a person less digital financial system that allows each person to have equal say on the going on of the protocol. Ethereum did the same thing.
Maybe bitcoin only libertarian views might create these micro economies, But it takes a whale sacrificing their stack to move millions of people out of poverty to make a real impact, Or nation states adopting, But this comes back to the separation of government and currency. There will be many governments that are bailed out of their debt by bitcoin profit before the poorest people of the world can afford to buy a computer, Educate themselves about bitcoin, And earn the money to profit from its trading cycles. The poorest governments will likely benefit, But the poorest people are still left behind by technology.
It is really easy to see the solution when you are already on the side of the 40% of the world that benefits from central banking. 60% of the world are still not even homeless in America yet.
Just give it some time, they are much easier to use now than at their inceptions.
Also don't underestimate the average Joe's ability to learn things quickly, few years ago WhatsApp got a 72h ban in my country, in a matter of hours the commoners were intimate with VPN's already and the ban was pretty much useless at the end of the day, makes me quite proud ngl 😅😅