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Tim Bouma
06b7819d7f1c7f5472118266ed7bca8785dceae09e36ea3a4af665c6d1d8327c
| Independent Self | Pug Lover | Published Author | #SovEng Alum | #Cashu OG | #OpenSats Grantee x 2| #Nosfabrica Prize Winner

“Nostr is a very humble protocol - it is little more than an empty shell which users can then fill with content types that solve their use cases.”

#nostrbook

“In many ways, Nostr has the potential to be an upgrade to the entire internet. By decoupling data storage (relays), identity (keys), and functionality (clients), it becomes much easier to compose whatever pieces you might need in new and interesting ways.”

#nostrbook by nostr:npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn

I’m here for the protocol because I can build the platform for the people I love.

No government required.

nostr:note1xdv5qkhnezfzaydlddaf83nkg58fll22drqpqs2tf95td0v4lamsjc3nds

She had Lyme’s disease last year. All cleared up, but her rear legs were weakened/paralyzed for a few weeks. Not sure if she 100% recovered so we have to manage her walks.

FWIW, we had hippies and draft dodgers move into our general area. Let me count the ways we had to help them out as neighbours.

That’s a pickleball court out front. Need to helicopter in a constant supply of competitors and pickleballs.

Next house. No need to mow the lawn.

Actually, it’s:

people > protocol > platform > government

#nostr

nostr:note1jal04t5y2dk3j487rk9azxhjkxh07nhklgdpysm5mcd64utvev4sfrnmmz

people > protocol > platform

#nostr

nostr:note1tnx4ktmncd2lr2g35e4ftgsxudjc6gv95h4gyths78gjkjkzzzyqenhjya

"When your local grocery store launches its own stablecoin, it's time to check the exits."

With nostr:

1. Every npub is its own identity

2. Every event has its own identity

3. Every event is signed by a npub

Thanks. That’s all I need for rules

And with a few basic tech choices like JSON, SECP256K1, and Schnorr, I can build without permission.

#nostr #permissionless

Nostr doesn’t need permission to scale.

It’s pretty simple - we are just looking for a way to support the atomic transfer of data, goods and money.

It’s very simple - Bitcoin has no concept of ‘price’ and ‘ownership’ - those traits are ascribed to Bitcoin by users like you and me, who have paid a ‘price’ to ‘own’ some bitcoin.

Paying a ‘price’ for new Bitcoin comes in only one way - proof of work; the schedule was set out starting with the Genesis block. ‘Price’ for existing bitcoin is negotiated entirely outside of the system, either a price set between two parties or a price offered on an exchange.

As for ‘ownership’ - the concept does not exist in Bitcoin- only proof of possession, which is mathematically upheld by private and public keys.

The true genius of Bitcoin, in the words of the philosopher Niklas Luhmann, is that the system was successful in externalizing moral judgment (pricing) outside of the system.

Read all about it.

After the biggest global event so far, mainstream #ssi is hitting a brick wall of complexity and capture.

Thankful we have #nostr and nostr:npub1s0veng2gvfwr62acrxhnqexq76sj6ldg3a5t935jy8e6w3shr5vsnwrmq5

https://www.blockchaincommons.com/musings/gdc25/

A swap line between two central banks is pretty much the same as a Lightning channel between two nodes.

So the new financial infrastructure is this.

Bitcoin is the reserve asset backed by central banks

Lightning is the swap lines between central banks.

Cashu is the IOUs issued by the commercial banks.

It doesn’t take a genius to see that this financial structure will take over, and Bitcoin will be the store of value, medium of exchange, and unit of account.

Right now, the aim of stablecoins is to preserve liquidity in relation to the unit of account, USD, but that will eventually go away. But it will be a bumpy ride for USD fiat holders and even more bumpy for non-USD fiat holders

nostr:note1cc3g42zytyv9gsae6cwzy6evxlw7ad8fuv7pkc8ahv505npuvhjshmtkc8

Build systems that favour commitment over coercion.

If I zap you, it’s nothing personal- I’m just testing Nostr Wallet Connect with #nostr #safebox

Don’t beg, negotiate.

Repeat to yourself 100x

“Bitcoin is the asset.

Lightning is the rail.

Cashu is the credit.

And Nostr brings it all together in a permissionless way.”

This is what the global financial infrastructure will look like in the future.

This is what I’ve concluded in building #nostr #safebox

#unstoppable

Banks don't have money - they have IOUs in context.

If you make an assumption, let it be the Diffie-Hellman assumption.

Image of a future nostr dev

nostrdev still has the same vibe as webmaster