I need a rich tech bro to educate me on crypto lol this is so confusing #crypto #zap
Discussion
My take on crypto is that “crypto” has essentially no value beyond what bitcoin invented - which was the culmination of decades of work on creating something digital that can’t be copy/pasted. So in that way echo what others say: “bitcoin, not crypto”. And I can explain why I don’t think a second “bitcoin” can ever match the original if you have questions there.
Basically it lets us have a money that truly only requires your permission to be moved. And you can move it to any internet connected device. Even non-connected devices. Pretty amazing stuff.
But what questions do you have?
Ten inventions of bitcoin, EACH of which is so profoundly revolutionary that its value and impact cannot be calculated.
-Absolute scarcity: The first and only substance on earth of finite quantity
-Real digital limits: Digital data bound by the laws of physics (via ‘proof of work’), creates singular digital objects that cannot be copied / reproduced
-Pure shared custody: The only asset that can be jointly-owned by multiple parties without any supervising authority
-Machine money: The only asset that can be independently possessed and spent by machines/AI (to pay other machines or even humans)
-Uneditable history: Immutable, unfalsifiable, time-stamped historical record of any data type (not just financial transactions!)
-Energy ‘dung beetle’: The only locate-anywhere, instant on/off energy consumer — enabling previously impossible renewables buildout, grid stabilization, and methane mitigation (flared and landfill)
-Non-violent property defense: Secures real assets via impenetrable cryptography rather than by threat of violence (by person or state)
-Time-locking: The first and only asset that can be irretrievably locked away for a pre-determined interval of time — without any entity holding custody or having access
-Micro-transactions: Combined with Lightning network or similar protocol, enables instant, direct, global transaction of tiny amounts of value via internet
-Undetectable bearer instrument: The first and only bearer asset a person can carry on their person within their mind — across time, space, borders, scanners, searches — and with no limit on quantity
Each of these is an entirely new invention or discovery, not possible prior to — or without — bitcoin.
Chefs kiss
I tried to Zap you some sats meaning send some bitcoin to you through this post.
Its really easy to set up just download Wallet of Satoshi from the app store
https://apps.apple.com/us/app/wallet-of-satoshi/id1438599608
https://play.google.com/store/apps/details?id=com.livingroomofsatoshi.wallet
Open the app click Receive

Then click the lightning address

It should now be copied. Go to your Nostr profile and paste it where it asks for a lightning address. Now people can send you some bitcoin ⚡️