Premined affinity scamming shitcoins, yes
Dollar collateralized shitcoins, no
There's been promising development in bitcoin-backed fiat balance without dollar collateral using discreet log contracts. I'd definitely prefer that to stablecoins
You think Bitcoin requires presidential approval?
You're just LARPing, oblivious to the nuances of life in the real world. USDT may be a shitcoin, it's a promissory note of a shitcoin but there is demand for access to that shitcoin, just as there's demand for Bitcoin for many different reasons.
I don't get the dunking on Lightning when it's the most rapidly evolving payments protocol with minimal trade-offs and pretty much the only thing people actually use in the real world, besides tether (which should be on RGB)
What we need is better UX. Phoenix is getting there. Phoenix wallet with the option of holding a stable fiat balance using DLCFDs and integrated P2P ramps (Civ Kit) is the killer app for 3 billion people.
My understanding was SBW died a long time ago
Someone forked it though
Are you the self-anointed maxi gatekeeper?
Why do you take so much pride in a term a shitcoin scammer came up with?
You don't but stable fiat value balance without a bank account is useful to people who are not ready to stomach short term volatility
Tether can't harm Bitcoin
If tether goes away, you'll have some other stablecoin
Yeah, but this is Binance US not being arbitraged. Tether didn't depeg
People give tether a pass because Bitfinex does a lot to support Bitcoin development
I get more reach and engagement on threads with 3,000 followers than nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m gets here with 150,000 followers
When I want people to take action I have no reason to come here
Thoughts?
Guy with 3,000 followers on Nostr made a short film and shared it a few days ago
Got a thousand likes, 500 retweets, 200 replies... and EARNED 7.2 million sats from 600 #zaps
Most people that "engaged" with his content were not even using the same app
How do you know the user base of Nostr?
When you want to reach a lot of people then use twitter or threads or any of the "popular" networks. When you want to express your opinions without interference, use #nostr.
As more and more people start falling into that latter category, the weight will shift towards #nostr.
From: (udi) at 07/15 08:15
> I get more reach and engagement on threads with 3,000 followers than nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m gets here with 150,000 followers
>
> When I want people to take action I have no reason to come here
>
> Thoughts?
CC: #[3]
Nostr is not a social network
It doesn't surprise me that Udi thinks Nostr "engagement" is comparable to centralized discovery-curated social networks
No, it won't
We don't want to lead people into scams and taint nostr by association
Anything less than 5 million sats, always lightning