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Replying to Avatar Matt Corallo

> and a slider between low-fees and high-reputation

lol no one will ever use this. I’m sorry but “we can decentralize bitcoin by moving to anonymous trusted third parties selected based on some nostr pubkey heuristic (or whatever) is just never going to fly. Trust breeds centralization even if you try to split it into a multisig or cross-checked or whatever.

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ynniv 4mo ago 💬 1

"Reputation" is the wrong word... maybe "invested", or "committed" is better. A well designed prisoners dilemma makes honest behavior more profitable than dishonest

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ynniv 4mo ago

low fees <---> deeply connected

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