in practice it's fine, because you have an observable track record that builds up with time
the only danger is RBF, but I think you can turn it off
you dont need 60 minutes to confirm because even if there's a reorg, the utxo chain remains a chain of digital signatures
now add to this the resilience of nostr, esp with public and private relays, plus ability to mirror state, with realtime updates, you can build a very good system, which is local first, but has global reach if you want it
in fact, to a degree, nostr was made to facilitate this use case, it's not something that was bolted onto nostr
then add onto that a market place of DVMs, or similar, that compete to offer services, including turing-complete web-scale smart contracts, and you have the most powerful system out there
i think the main issue is that people are not yet ready for this, they are still coming to terms with what taproot as identity, and nostr brings to the table, and advanced use cases are hard for some to see, and frankly scare others into opposing them, so much patience is required!
