Got my first zap⚡️, unexpected but appreciated. Now just need to get sorted to start paying those sats forward.
Heartbreaking that people are openly aware of how unfair the world is, but feel powerless to change it.
https://twitter.com/mynima4/status/1630457981899792387?s=46&t=aPDO4oUYknM5NMTkNm8Gug
Zaps for days!!
Keep up the awesome work.
Btw, anywhere I can learn about setting up my nostr account for zapping? I have an LNTipBot set up on telegram and used it as the url for lighting on Damus under my profile settings. Is that all I needed to do to get up and running?
https://twitter.com/naija_bitcoin/status/1628718865214578695?s=46&t=brQvzmcNZeyrYsrXzc8GPw
Example of ordinals paying 0.749 in fees. Nice bonus for the miners ofc.
Thinking out loud:
If ordinals are in the process of increasing the mean block fee rewards through demand, perhaps sooner than it was expected, could this create a dependency of current miners on this revenue? Would this then become attack vector, to crash the ordinals market and push miners dependent on these fees out of business?
Indeed, mining in general operates on a small margin so could artificial pumps in ordinals send market signals to miners that there are a lot more fees available out there than perhaps is realistic for the network? Or is this just a case of supply and demand, where ordinals is currently creating block space demand?
Any thoughts?
Syllogism:
1. Money is a form of communication
2. Misinformation leads to a lack of trust
Therefore, misinformation in money, through manipulation, leads to distrust between individuals
Feel like it would be good to have a security ‘best practices’ out there for noobs with nostr. Given that the space is so new there are a lot of frayed edges currently. I’m not sure everyone is aware of the potential risks at this stage (self included).
Why not just look at joining a mix (whirlpool/coinjoin) together. Sparrow wallet offers this.