Amyone read NYDIG's latest #bitcoin newsletter? This didnt make sense to me. Quite concerning #nostr.
Discussion
This is not a nostr related post.
Why are you using the nostr hashtag?
What is a nostr related nostr post?
I think Sooly is just referring to folks on nostr, not that the NYDIG post is about nostr itself.
Like saying “What does everyone on Nostr think?” At least that’s how I read it.
Sure.
One of the pieces of feedback most commonly received on nostr from people who join and leave is “nostr is for the coin people”.
You might have and there exist people that are interested in nostr, and not btc.
They follow the nostr tag and see btc content, and are turned off by this.
Anyway I don’t aim to change behavior. Simply trying to understand what happened and why.
Very true. Even though Nostr and BTC are inherently linked, not everyone is going to care about BTC content (although they might want the zaps lol).
It’s going to be tough to get non-BTC people to make the jump unless they are forced (censored/cancelled/banned) by the platform or country.
I still have high hopes it will take off!
Communities fix this
I like that idea.
Do you mean there’s a “Communities” section in nostr apps (haven’t seen it on Damus/nostur/primal), the ability to discover existing communities?
Possibly.
Imagine joining nostr, finding your people (whomever they may be), and not being bombarded with topics not relevant to you
What's the concern?
The central issuer can (and does) nuke certain holders assets, regardless of chain. It's a "feature"
The concern is that NYDIG is usually better in explanations and analysis
I guess it is because of:
USDC (USD Coin) treats each blockchain implementation as a separate, native asset with:
- Separate reserves: Circle (USDC's issuer) maintains separate collateral pools for each blockchain's USDC
Tether (USDT) follows a different model:
- Single reserve pool: All USDT implementations are backed by the same collateral pool
- Token representations: Each blockchain's USDT is considered just a different "wrapper" around the same underlying asset
- Unified accounting: Tether tracks the total USDT supply across all blockchains as a single liability
Yes but That doesn’t explain what they wrote imo
sorry, no sense 🤦