It's extremely weird to believe in Bitcoin but not nostr
Discussion
It's even more weird that I believe in both. 😂
Same with MSTR.
Wait you think it's weird to not believe in mstr?
To not understand it. Yes.
It's very weird people don't understand mstr doesn't hold any coins any just putting all that money under the control of the government via Coinbase
It’s very wierd people think children, elderly, and otherwise impaired plebs will self-custody their corn.
What does that have to do with mstr? Because Saylor is elderly and impaired from all the digital energy?
🤣😂🤣😂
You'd think a multibillion dollar corporation that owns IOUs for 450k bitcoin would have an incentive
You should try aqua wallet. It's really not weird at all. It's maybe weird it took us this long to get some decent wallets.
Unless you're referring to the truly impaired who don't even control their own money now ... Then of course
Then Strategy should use distributed custody models like Unchained, Onramp, or Anchorwatch. The fact that they do is why I decided to stay humble and stack sats. This is the problem # bitcoin solved:
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network."
What problem does Strategy solve by "buying BTC" from Coinbase? It seems to me they are only re-introducing the double spending problem.
Open source means use how you want. Nothing can stop or hurt ₿itcoin now. A few million trapped and centralized just pump our bags.
I see MSTR as an experiment. I really don’t think anyone can truly understand exactly what is happening or will happen, not even market finance experts. It’s never really been done before, diluting stock to purchase the world’s hardest money.
The problem with MSTR is everything that Bitcoin fixes:
- CEO/Company issues, what if Saylor starts shitcoining, the board changes strategy, he dies, etc
- Coinbase as their custodian. There are no proof of reserves and even if MSTR holds strong, Coinbase can have company/government/fraud issues.
- Diluting MSTR stock typically never is a good thing. They say because they are bonds he can’t get liquidated, but who really knows, and who wants their shares diluted.
- Everything is still $ fiat and government, Coinbase, StrategyB controlled.
With all of this said, ‘there is no second best’ and holding Bitcoin, ideally cold storage, is the only way to circumnavigate the above.
Now, on the other hand, the above isn’t guaranteed failure, and this experiment may turn into an extraordinary investment and company. I put MSTR into my 401k years ago before the ETFs and it’s done great, and I don’t plan to sell. It’s a leveraged experiment, but I would never choose MSTR over Bitcoin.
You get it.
Keep it weird 🤙
its not even lack of belief, there are many that straight up hate nostr, fascinating
It’s bizarre. I don’t get it. What is the reasoning?
They see it as a threat to their daddy Elon bucks.
i think this is mostly the reason
more generally their identity and worth is tied to their x follower account
I think that's true, but it's crazy to think about… Their self-worth is tied to a follower count that could disappear at any moment. They can’t take those followers with them if they switch platforms, and they can’t transact peer-to-peer. It’s like building a foundation on sand.
Their hate for nostr may be born from jealousy and envy.
They are nothing without their zealots. 
Oh no, free speech, halp me central forces
bitcoin mystics don’t wanna be nostr mystics.
NOSTR is to influencors as DOGE is to fedgov.
Govern and censor me harder Elon!!!!!
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The best feature of Nostr is the boredom.
It being forced down everyone's throat is the problem. I stopped listening to Bitcoin podcasts because of it. I'm only here to see what pieces we can use in PC 2.0 and it ain't much.
Bitcoiners are some of the most authoritarian people I've ever come across.
Mostly because they're human, just like the "normies."
These are facts.
If nostr haters are going to use nostr's strengths against it, like those screenshots of hard-to-track statistics, maybe stats sites should include a small disclaimer about the nature of data collection on a decentralized network, for the curious readers.
I can understand the Dan Held take, he never seemed capable of original thought and will wait until someone he thinks is worth copying to change his mind. Are there others? I can’t believe that bloke is back in my consciousness, he is Bitcoin twitter personified
The X sycophancy is strong amongst the monetized influencer class.
It’s so simple that they have no room to be armchair experts or bike-shedders
Kinda have to accept in the current world we are the weird ones
Happy to be tho
If you understand and like freedom money, then it's not hard to understand freedom communication. If they don't, then it most likely means that they're into bitcoin for different reasons than they think and/or they feel validated by their followers and interactions with them. I get the last part. After all, humans are social creatures. However, all it takes is a little bit of proof of work, which they claim to understand, to be social on Nostr and enjoy being here.
#Bitcoin and #Nostr are a solid belief system before anything else
Not that weird. Bitcoin is P2P and a lot of people don't realize nostr's design welcomes a P2P nostr network to develop later
I thought it’s natural movement
TBH, I still have problems with Nostr decentralisation. I don’t think that we’re able to set up relevant relays as fast as they are going to tear them down (should they want it to).
But hey, prove me wrong.
There's a lot of relays for the "them" to tear down. Say they come close, the blastr's can be turned on.
They can't take down tor only relays. No doubt they've been aiming to take down Dread on tor for years.
Nostr's not under such an attack but the second there's a hint of fear, relays go tor only and onion urls are spread around.
Media links are the main point of failure we still have. Not sure why there's little attention in this regard.
The tide will turn 🍀
💯
Nostr and ₿ They are part of the same decentralization mechanism.
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It kinda checks out honestly. Plenty of bitcoiners these days don't care about censorship-resistance and have goldbug energy
Agreed.
Yeah right
Nostr however can turn into something else and we'll be fine, not bitcoin