Nostr Web Client

What specifically is wrong with kaspa's approach?

The biggest issue is KAS.

I used to buy ether before nostr existed, LTC when merchants accepted it because it was more usable than BTC at the time, and AUDIO before Fountain, thinking they must have a token for governance or there won't be any.

Solutions just keep coming out that replace the need for these others which use their own token.

I still own some of these as I've been slowly getting rid of random shit I got bought getting excited about unique solutions. Not totally against tokens for every reason, but that's probably the biggest thing wrong with it

I'd love to see something more like liquid that is decentralized instead of "federated". If that happens, kaspa may become as obsolete as other solutions.

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Discussion

hodlbod 1y ago

If the point is to be money though, it seems like you would need a token

Kirpy 1y ago

Yeah, maybe the world will always be 100s of different currencies. I think there's many digital currencys better than fiat, but wish for something more simple for merchants and people buying or using apps.

I think of it this way. BTC a currency on a chain with the most trustlessness where you don't worry about value dropping because a newer/better currency was just released since the value aspect is good as it gets, but just doesn't scale. I think people just need trustless payment solutions.

Could maybe have a token for a sort of governance purpose/ mining incentive but I think the future is more fun for users when that's abstracted and they don't need to buy such token to use it.