Nostr Web Client

Humble Bitcoiner 2y ago

Glad that I’m here with pure signal people like you 🧡

Jeff Booth 2y ago

🙏

Julia de JP 2y ago

I'm here because of you.

I may not be tech minded, but I've got eyes to see and ears to hear, and podcasts are magic!

Jeff Booth 2y ago

🙏

Humphrey 2y ago

#Bitcoin plus #Nostr is really rekindling some hope again.

I appreciate your work.

Satimoto 2y ago

Glad to be here, working towards a sound future

Theo 2y ago

Happy to have you on Nostr, Jeff!

melissa 2y ago

I'm glad to be connected here. Thank you for writing The Price of Tomorrow. That was the best book I read in 2022. And I still tell all my friends it's an important book to read. 🙌🙏🏼

Jeff Booth 2y ago

Thanks Melissa!

Vdub 2y ago

Really appreciate you dude. Bitcoin + Nostr = Win🏆

Quinton 2y ago

The signal is real and many other genZ like myself are getting it. Centralised money that is custodied by humans will always end in corruption. It’s simply an unjust system that cast people into a psyop to think only in terms of the fiat system. As they continue to kick the can down the road i.e debasing the currency, the quality of goods and services decrease in a ethical manner. For example the majority of innovative food products that market them selfs as healthier or better for you is a lie. The ingredients that are in these products don’t fix any root causes to your health. The marketing is always it will help alleviate this symptom but never the root. It’s the same thing with the money they only try cure the symptoms, and never the root. No wonder why the disease(fiat) always gets worse. But there is a fix and we all know what that is on #Nostr. Bitcoin not only fixes the root cause, it will fix the underlying incentives for innovation that adheres to ethics. I have no clue if this makes any sense but just some thoughts😂

Quinton 2y ago

The signal is real and many other genZ like myself are getting it. Centralised money that is custodied by humans will always end in corruption. It’s simply an unjust system that cast people into a psyop to think only in terms of the fiat system. As they continue to kick the can down the road i.e debasing the currency, the quality of goods and services decrease in a ethical manner. For example the majority of innovative food products that market them selfs as healthier or better for you is a lie. The ingredients that are in these products don’t fix any root causes to your health. The marketing is always it will help alleviate this symptom but never the root. It’s the same thing with the money they only try cure the symptoms, and never the root. No wonder why the disease(fiat) always gets worse. But there is a fix and we all know what that is on #Nostr. Bitcoin not only fixes the root cause, it will fix the underlying incentives for innovation that adheres to ethics. I have no clue if this makes any sense but just some thoughts😂

Artur…qywr 2y ago

Thank you for being here Jeff. Nostr seems to be one good way to go about fixing the system from outside the system.

Jeff Booth 2y ago

🎯 Where everyone who provides value “wins” and “clients” win by giving users increasing value instead of farming their data to lock them into a centralized service.

Steve 2y ago

What about ‘basic income’ but on Bitcoin? This way the goverment doesn’t get more power. And this form of ‘basic income’ can provide value by incentivizing the user to achieve a healthier lifestyle. Ie. Walking 30 minutes a day collecting Sats in AR. Not only would this help bring more adoption, it may also lower healthcare costs. Is a healthier society valuable? Regards, the drone

Steve 2y ago

To add to this, even if the government deploys some form of UBI, wouldn’t this speed up the destruction of the fiat monetary system instead of empowering it?

In any case… perhaps I will look back at these statements and laugh at how naive I was.

Taoist Bitcoiner 2y ago

Their normalcy bias is keeping many no-coiners from getting on the BTC Ark despite seeing the fiat waters receding with the recent bank failures.

The combination of these 4 protocols is letting us each build our own Ark as a lifeboat for ourselves. loved ones, and our descendants. Combining BTC, LN, Nostr, and AI empowers individual Creators, exposing the naked emperors as paper dragons blowing smoke, not fire.

Squiggs 2y ago

... using self-hosted, decentralised AI

Brisket 2y ago

Glad to have you here too sir.

Nostr is the modern day crowd funded bitcoin faucet. We'll orange pill the masses as they find us.

PV 🧡🤙

juergen 郭沫根 2y ago

🤙🏼

annica 2y ago

Hi Jeff, first off thanks for recommending the book power vs force🤯.

Stacking sats the 🛡 against totally getting rekt.

Luffy 2y ago

Hey Jeff. Quick Q. I don't 100% get the good news. Productivity gains via AI and robotics are only good on a bitcoin standard really arent they? Wouldn't AI/robotics have the effect of increasing the income distribution gap? Or is that the turbulence we need to push more towards bitcoin?

Jeff Booth 2y ago

Yes - only on a #Bitcoin standard will the productivity gains be distributed broadly. It will force governments to choose complete control of markets or to embrace free markets (ie - Bitcoin)

Two different versions and each person has a choice to live in the world they want. (But the transition will be chaotic because most will measure and reinforce the legacy system)

Micah541 2y ago

While clearly gains are not currently distributed widely, there is no good reason to believe the gains would be better distributed because a different money standard, especially if “free markets” is law of the land.

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Dcrypt 2y ago

It would distribute the gains more evenly if people were already on a BTC standard. If only a small minority of people are using BTC, then the gains would not be spread more evenly.

Bitcoin is not debt, so it doesn’t rely on the issuance of more and more credit to keep it going. It’s hard money and it’s designed to always increase in purchasing power by the amount of productivity gains.

So yes, AI and Robots will dramatically reduce prices for good and services on a BTC standard, but our fiat brothers and sisters will be forced to pay higher prices because the fiat system cannot survive in a deflationary world. They need prices to continually rise. So this new AI era we are in should be very interesting.

Micah541 2y ago

So is “bitcoin standard” synonymous with the elimination of debt

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Dcrypt 2y ago

It’s sorta looking that way. It’s hard to imagine anyone wanting to lend BTC. And it’s hard to imagine wanting a loan in BTC.

If fiat is still around, it is ideally used as debt since fiat money are liabilities anyway. If fiat is gone and the world adopts BTC, it’s possible that we don’t have any major debt in the world. Most financing would switch to equity financing.

If you want a home, instead of taking out a huge 30 year loan on a big house, maybe you buy a small modular home with cash, then add sections to it in modular fashion as your savings grow. That’s one thought anyway.

Neve Farms 2y ago

Correct, and one should expect unequal distribution under any system because individuals make their own choices and are proficient in different areas that are valued subjectively. Equal distribution for its own sake is inherently undesirable and all centrally planned regimes throughout history that have attempted redistribution of wealth have failed and had objectively worse standards of living. The difference is that in a free market the unequal distribution of resources will be based solely on free choices by individuals, not based on a coercion from a politburo

Micah541 2y ago

The unequal distribution that will occur because of AI is unacceptable. People will burn everything down. We need more than muh free markets.

Neve Farms 2y ago

Disagree. Technology makes us more efficient. Efficiency gives us more time. Time is money. Fear mongering about AI is akin to favoring horse drawn carriages over internal combustion vehicles. Sound money accrues the efficiency, fiat vacuums the gains to the top a la the Cantillion Effect.

Neve Farms 2y ago

You have two choices, AI controlled by central planners of a corporate controlled bureaucracy, or to let go of fear and disburse the benefits and mitigate the oppression with bitcoin.

Neve Farms 2y ago

But we do need more than free markets. We need morals, integrity, and virtue built on a solid foundation. I think Christianity can provide this imo

Luffy 2y ago

I guess if we believe that fiat systems provide individuals and governments with unfair advantages (ie cantillon effect if you are close to printer) then the ability to NOT print money by default means that a fixed money supply system is fairer. No?

The Bitcoin Sovereign 2y ago

When Jeff speaks you stop what your doing and listen ⚡️

2e

21Freight 2y ago

Glad you are using your voice

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