If ETF becomes the largest holder of Bitcoin this year, or if ETF holds more than 50% of #Bitcoin in the future. What will happen to Bitcoin? Will the government eventually take over?
The biggest goal of Nostr is to let more people own sats through Nostr.
If “they” own 50%+ btc, then the other remaining non kyc btc will be more attractive to bitcoiners.
1 btc = 1 btc but a kyc bitcoin is ehhh,… some will rather do the work to find non kyc
Needless to say, the network itself will still be decentralized
Disagree. I think the most important aspect of nostr is censorship resistance.
Agreed, this is the basis of Nostr's existence. The essence of Nostr that distinguishes it from other decentralized protocols is the combination of Nostr's native social network and Bitcoin's native currency. Zap⚡️
