I don’t see a Bitcoin standard working to be brutally honest. It’s a nice idea but with 9 billion people in the world and with folks like Michael Sailor only keen on accumulating and never (or very rarely) deploying capital, I don’t think there will be enough to go round. If hyper happens and I’m wrong, well I’m happy to be wrong, it certainly wouldn’t be the first time.

Nostr: well that depends on where data is hosted. If data is held on many, many smaller servers then cool. If it means all hosted data (videos, large files etc) on a few large servers then no. I understanding that data is sent by relays etc but still, data needs a home right? Again happy to be proved wrong. I’m basing this on my use of Zap.Stream. It’s great for streaming and I dig it but if I want the data to exist beyond the stream I either pay them to store the data or I host myself. If large amounts of content is stored with zap stream it becomes a single point of failure.

If I’m talking bollocks happy to be corrected but you asked for opinions…

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Capital, especially if supply-capped, must at some point be deployed whether a person likes it or not; we can't live our lives without spending. And if anything, people hoarding appreciates the capital stock of 'smaller' individuals. It's a virtuous NGU cycle.

There's definitely a centralization risk when it comes to data storage, but tools are already being developed and exist to make self-hosting seamless and easy even for non-technical people. Local relays like Citrine on Android are also a great solution to this. The main hurdle to overcome imo is changing consumer behavior to a direction where users feel comfortable paying for these services and/or the associated hosting costs.

The key lies in the organization of events. The regular events on the popular clients are essentially a a stream of unorganized notes were the context is usually about what happened that day. But books, magazines, courses, videos, and even personal notes all have a lot of context to work with. The question to solve is if you find a unified way to organize these things, so you are able to be immediately pointed to things you care to learn. If you're just storing text, you have a lot of room to work with. That's why nostr scales so well, because it doesn't need to deal with more expensive storage, just storing and sending the text events.

But even a video, if its a lecture + slide show, its just an image or video with commentary, so you can transform it into an article where you have images and a cleaned up version of what was said.

Large file hosting is a puzzle, but the combination of centralized, self hosted and distributed (Nostr x Blossom) is already compelling.

The Bitcoin standard is an interesting idea, but if the game theory is solid, it wins in a free market. Otherwise, the better system wins - I'm okay with that.