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The Nostr Report
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By plebs, for plebs. A synopsis of the best content of the day. Don’t miss a beat. #NostReport

#Nostrica update from our in-person NostReporter, #[1]​ Be sure to give her a follow to stay up-to-date on Nostrica events!

March 18th, 2023

Uvita, Costa Rica - Nostricans have started registrations, and the overall feel-good vibe is on! Surf lessons, market strolls, and bitcoin lightning invoices are popping up on local merchants' phones everywhere.

The heat has been a welcoming hug to all foreigners just getting used to the tropical weather. Organizers have been trying to remind people to keep drinking water and trying to remember to do it themselves. The unconference is just starting, but the momentum is thriving, and we expect to see what the new days will bring!

Check out the market pic we took today! 👇🏽

Replying to Avatar The Nostr Report

Our dear friend #[0]​ from #PlebchainRadio wrote this 🔥 op-ed. Hyperbitcoinization in 90 days? What do you think?

Nonce Populi

Avi Burra

Balaji Srinivasan is an interesting character, to say the least. He can excellently articulate the fundamentals of Austrian economics and Bitcoin’s value proposition, while frustratingly pivoting almost next sentence to shitcoinery. It is a common pattern with him, traceable back almost a decade.

He also seems to possess the type of brain that produces a million scattershot ideas and predictions a minute: the occasional few that turn out to be correct, such as his long thread in January 2020 on the covid pandemic, tend to live in the public memory and have given him the aura of a modern day Nostradamus. “‘Balaji was right’ are the three scariest words in the English language” is a common refrain parroted in crypto and VC circles as a result. The multiple times his predictions are wrong are quickly forgotten (remember CityCoins?)

Balaji was back in the news yesterday with a somewhat confusingly worded, and on it’s face, a patently absurd bet. Responding to a tweet from an account (James Medlock) that bet $1M that the US would not enter hyperinflation, Balaji decided to up the ante in a seemingly bizarre fashion.

He proposed that Medlock put up 1 BTC and that Balaji would put up $1M (in USDC) in escrow for a 90-day period. If the US does not enter hyperinflation in that time period, Balaji loses and relinquishes his $1M. If Balaji wins, and this is the truly bizarre part, he suggests that the result of hyperinflation in the US in 90 days would be that the price of Bitcoin reaches $1M. That’s right 100M satoshis will be worth $1M in 90 days (and Balaji presumably gets to keep them in that scenario)

Since then, a twitter user has offered to escrow the 1 BTC on Medlock’s behalf, which Medlock has accepted. The bet, as it stands at the time of writing, appears to be placed.

I don’t think even the most uber-bullish bitcoin fundamentalist amongst us has even contemplated a $1M price tag by the summer of 2023, so it’s even more strange coming from a guy like Balaji. What could be going on here? One plausible theory could be that Balaji wants to use this as an opportunity to test an apex Keynesian brain-rot idea on inflation; that inflation is like Tinkerbell, it is only manifested if people truly believe it is happening, therefore willing it into existence. This idea was articulated by Jerome Powell very recently: https://nostr.build/p/nb3100.mov

If that is the case, expect to be bombarded by a hyperinflation narrative from Balaji over the next 90 days, attempting to create this new reality. Rocket ship, anyone?

(Meme credit: @npub1Pvuugp6Fyj6T6Yeq9Ajzv28P54W07Sg6Jpxvzuu5Yc7Qmu9Edpkqm2D7A5

Meme credit #[2]

Our dear friend #[0]​ from #PlebchainRadio wrote this 🔥 op-ed. Hyperbitcoinization in 90 days? What do you think?

Nonce Populi

Avi Burra

Balaji Srinivasan is an interesting character, to say the least. He can excellently articulate the fundamentals of Austrian economics and Bitcoin’s value proposition, while frustratingly pivoting almost next sentence to shitcoinery. It is a common pattern with him, traceable back almost a decade.

He also seems to possess the type of brain that produces a million scattershot ideas and predictions a minute: the occasional few that turn out to be correct, such as his long thread in January 2020 on the covid pandemic, tend to live in the public memory and have given him the aura of a modern day Nostradamus. “‘Balaji was right’ are the three scariest words in the English language” is a common refrain parroted in crypto and VC circles as a result. The multiple times his predictions are wrong are quickly forgotten (remember CityCoins?)

Balaji was back in the news yesterday with a somewhat confusingly worded, and on it’s face, a patently absurd bet. Responding to a tweet from an account (James Medlock) that bet $1M that the US would not enter hyperinflation, Balaji decided to up the ante in a seemingly bizarre fashion.

He proposed that Medlock put up 1 BTC and that Balaji would put up $1M (in USDC) in escrow for a 90-day period. If the US does not enter hyperinflation in that time period, Balaji loses and relinquishes his $1M. If Balaji wins, and this is the truly bizarre part, he suggests that the result of hyperinflation in the US in 90 days would be that the price of Bitcoin reaches $1M. That’s right 100M satoshis will be worth $1M in 90 days (and Balaji presumably gets to keep them in that scenario)

Since then, a twitter user has offered to escrow the 1 BTC on Medlock’s behalf, which Medlock has accepted. The bet, as it stands at the time of writing, appears to be placed.

I don’t think even the most uber-bullish bitcoin fundamentalist amongst us has even contemplated a $1M price tag by the summer of 2023, so it’s even more strange coming from a guy like Balaji. What could be going on here? One plausible theory could be that Balaji wants to use this as an opportunity to test an apex Keynesian brain-rot idea on inflation; that inflation is like Tinkerbell, it is only manifested if people truly believe it is happening, therefore willing it into existence. This idea was articulated by Jerome Powell very recently: https://nostr.build/p/nb3100.mov

If that is the case, expect to be bombarded by a hyperinflation narrative from Balaji over the next 90 days, attempting to create this new reality. Rocket ship, anyone?

(Meme credit: @npub1Pvuugp6Fyj6T6Yeq9Ajzv28P54W07Sg6Jpxvzuu5Yc7Qmu9Edpkqm2D7A5

A trading platform not allowing for self custody? That’s just like watching youporn….

You might get excited, but It’s all imaginary. It’s not the real thing.

https://bitcoinmagazine.com/business/fidelity-has-opened-bitcoin-trading-to-the-public

Replying to Avatar The Nostr Report

THE NOSTR REPORT

THE QUIET BEFORE #NOSTRICA

Mar 17, 2023

Block Height: 781,265

Moscow Time: 36:18 ⚡/ $

—--------------------------

🎙️Quote of the Day🎙️

—--------------------------

"Users of Nostr know the feeling of this weight being lifted. Nostr is anything but polished, but that's part of the charm."

(Excerpt from "A Vision for Nostr" by #[1] . Full blog post linked below. Recommended read.)

#[2]

—--------------------------

🚨Headline Nostr News🚨

—--------------------------

#[3] just in ⌛time⌛ for #Nostrica, the Creators page is now live on nostr.build!

#[5]

#[6] announces you can now self-host snort (nostr client) on your ☂️umbrel☂️, and also connect it to the nostr relay running on your ☂️umbrel☂️. Sovereign AF.

#[7]

#[8] builder of Nostr client Primal shares the top 10 accounts by followers and observes: "🤯Nostr is much bigger than I thought 🤯."

#[9]

#[10] Plebstr client adds ⚡zaps⚡ to their latest release in time for today’s #zapathon! 🥳This is a first version and they said they will be adding more features. You can see a video demo of their zaps UI here.

#[12]

#[13]

#[14] ⚡zap⚡ count on Nostr is steadily increasing📈!

#[15]

—--------------------------

🏝️Nostrica Update🏝️

—--------------------------

Hey, where’d everybody go???

Give us a shout out from #nostrica, the best pictures makes the news!

#[17] Remember this week’s #zapathon is in support of #Nostrica contributors and organizers. The list can be found here, and it’s never too late to zap someone.

#[20]

—--------------------------

💻nostr Tech💻

—--------------------------

#[21] A Nostr Service where you can send leaked private 🔑keys🔑 to:

1. delete everything from those keys everywhere

2. watch for new posts from those keys and delete them as well, forever.

#[22]

#[23] Happy 👧wife👧 happy life… jb55 pushes a new build that fixes one connection bug that’s really been “annoying the mrs” and gives video demo of latest updates and fixes in Damus TestFlight build 4.

#[24]

#[25]

#[26] The MOST important user 🏆🥇

#[27]

#[28] Primal allows you to easily "slip into another user's shoes" and see the network from their perspective.

#[29]

#[30] We love finding new Nostr clients. Check out newly-launched Satellite! 🛰️📡🛰️

#[31]

#[32] The best Cashu tutorial under the ☀️sun☀️ by @BTCsessions. We took some very important UX feedback from this video and improved both http://cashu.me and http://nutstash.app wallets. 📽️

#[33]

#[34] shares a tool he created, LNURLpay.com , that allows you to pay any LNURL or Lightning Address with any app/wallet that can make lightning payments.

#[35]

#[36] Are you using a new Samsung or Google Pixel phone? Derek shares a warning about a vulnerability that could allow an attacker to take over your device. Recommends disabling VoLTE and WiFi calling patched. See his post and the linked article for more info. 📞

#[37]

—--------------------------

⚡nostr Business⚡

—--------------------------

#[38] learn how people in South Africa are buying Bitcoin with feature phones. 🌍🤳

#[39]

—--------------------------

🔥🔥Meme of the Day🔥🔥

—--------------------------

🍀Happy St. Patrick’s Day🍀

#[40]

#[41]

—--------------------------

Stay Classy Nostr.

We are extremely excited to announce that for the next few days we are lucky to collaborate with #[0] who will be working with us as our on-site #Nostrica reporter! Marce arrived in Uvita today. Be sure to follow her!

Marce is a marketing and PR manager from Costa Rica who loves organizing events and making things look pretty. She's also a Bitcoin Maximalist who dreams of hyperbitcoinization.

As a Latin American, she's seen the damaging effects of censorship firsthand and understands the importance of free speech. Marce believes in Nostr as a platform that can provide a safe space for free expression. She's thrilled that Nostrica it's taking place in her beautiful home country.

When she's not working, you can find Marce in the ocean or hanging out with her animal friends. She's afraid of snakes but loves all other creatures.

If you have any questions about Costa Rica, Marce is your go-to person. If she doesn’t know about it she will find out how.

——————————-

Follow the signal with #[2] for daily updates, news, tips and tricks, dank memes, and more!

If you find the Nostr Report valuable, leave a comment, repost, and support us with a ⚡️. If not, tell us what you want to see!

Our latest report👇

#[3]

NostReport is:

#[4]

#[5]

#[6]

#[7]

Archived reports can be found at www.NostReport.com

Stay classy Nostr.

THE NOSTR REPORT

THE QUIET BEFORE #NOSTRICA

Mar 17, 2023

Block Height: 781,265

Moscow Time: 36:18 ⚡/ $

—--------------------------

🎙️Quote of the Day🎙️

—--------------------------

"Users of Nostr know the feeling of this weight being lifted. Nostr is anything but polished, but that's part of the charm."

(Excerpt from "A Vision for Nostr" by #[1] . Full blog post linked below. Recommended read.)

#[2]

—--------------------------

🚨Headline Nostr News🚨

—--------------------------

#[3] just in ⌛time⌛ for #Nostrica, the Creators page is now live on nostr.build!

#[5]

#[6] announces you can now self-host snort (nostr client) on your ☂️umbrel☂️, and also connect it to the nostr relay running on your ☂️umbrel☂️. Sovereign AF.

#[7]

#[8] builder of Nostr client Primal shares the top 10 accounts by followers and observes: "🤯Nostr is much bigger than I thought 🤯."

#[9]

#[10] Plebstr client adds ⚡zaps⚡ to their latest release in time for today’s #zapathon! 🥳This is a first version and they said they will be adding more features. You can see a video demo of their zaps UI here.

#[12]

#[13]

#[14] ⚡zap⚡ count on Nostr is steadily increasing📈!

#[15]

—--------------------------

🏝️Nostrica Update🏝️

—--------------------------

Hey, where’d everybody go???

Give us a shout out from #nostrica, the best pictures makes the news!

#[17] Remember this week’s #zapathon is in support of #Nostrica contributors and organizers. The list can be found here, and it’s never too late to zap someone.

#[20]

—--------------------------

💻nostr Tech💻

—--------------------------

#[21] A Nostr Service where you can send leaked private 🔑keys🔑 to:

1. delete everything from those keys everywhere

2. watch for new posts from those keys and delete them as well, forever.

#[22]

#[23] Happy 👧wife👧 happy life… jb55 pushes a new build that fixes one connection bug that’s really been “annoying the mrs” and gives video demo of latest updates and fixes in Damus TestFlight build 4.

#[24]

#[25]

#[26] The MOST important user 🏆🥇

#[27]

#[28] Primal allows you to easily "slip into another user's shoes" and see the network from their perspective.

#[29]

#[30] We love finding new Nostr clients. Check out newly-launched Satellite! 🛰️📡🛰️

#[31]

#[32] The best Cashu tutorial under the ☀️sun☀️ by @BTCsessions. We took some very important UX feedback from this video and improved both http://cashu.me and http://nutstash.app wallets. 📽️

#[33]

#[34] shares a tool he created, LNURLpay.com , that allows you to pay any LNURL or Lightning Address with any app/wallet that can make lightning payments.

#[35]

#[36] Are you using a new Samsung or Google Pixel phone? Derek shares a warning about a vulnerability that could allow an attacker to take over your device. Recommends disabling VoLTE and WiFi calling patched. See his post and the linked article for more info. 📞

#[37]

—--------------------------

⚡nostr Business⚡

—--------------------------

#[38] learn how people in South Africa are buying Bitcoin with feature phones. 🌍🤳

#[39]

—--------------------------

🔥🔥Meme of the Day🔥🔥

—--------------------------

🍀Happy St. Patrick’s Day🍀

#[40]

#[41]

—--------------------------

Stay Classy Nostr.

This was the Gif uploaded directly to Damus which it converted to jpg. The gif that’s working was uploaded directly to nostr.build

#[3]

Looks like gifs don’t upload on Damus? 🤔

#[0]

It’s a glitch with DMs. You were tagged in tonight’s report and we were sending it via DM to check formatting. Since you’re tagged in the DM you get that weird message.

It was probably just us testing the report before publishing 😅

THE NOSTR REPORT

RAISE A ZAP TO NOSTRICA

Mar 16, 2023

Block Height: 781,114

Moscow Time: 40:08 ⚡/ $

—--------------------------

🎙️Quote of the Day🎙️

—--------------------------

“It has been amazing to watch a post about having a conference turn into #Nostrica ! 🤩 Love this place and all the amazing people contributing to our social freedom. 😊”

#[1]

#[2]

—--------------------------

🚨Headline Nostr News🚨

—--------------------------

⚡ #[3] #Zapathon part 5/6 runs today and tomorrow in support of #Nostrica contributors. See the full list in the linked note and go zap someone!

#[6]

🗨️ #[7] is the first instance of #[8] 's nostri.chat widget that we've seen being used in the wild. Check it out at https://sovrnbitcoiner.com/

#[9]

🔥 #[10] fantastic stats on posts within 3 degrees of separation:

0.03% made 10% of the Notes

0.2% made 50% of the notes

0.6% made 80% of the notes

How do we get more engagement?

#[11]

👀 #[12] Nodeless.io introduces a kyc-free service (fee-based) to receive payments to your cold storage or lightning address without running a lightning node. Integrates with WooCommerce via a Wordpress plugin. To view a demo, visit: https://woo.utxo.one

#[13]

🐺⚡ #[14] WolfNYC Lightning Accelerator inaugural cohort, known as “Wolfpack 1,” consists of 8 teams working on a variety of projects. See a list of projects and a link to their full announcement.

#[15]

📻 #[16] Don’t forget to tune in to today’s episode of Plebchain Radio tonight at 9:30PM EDT

#[17]

—--------------------------

🏝️Nostrica Update🏝️

—--------------------------

#[18] Heading to #Nostrica? Your lanyard awaits 💜

#[20]

#[21] Sending our thoughts and prayers to verbiricha, who let everyone know he will be unable to make it to #Nostrica due to his father being in the hospital. Hoping for the best, sir. We appreciate all you do.

#[23]

—--------------------------

💻nostr Tech💻

—--------------------------

#[24] Damus adds direct image uploads to latest build in TestFlight. Available now just in time for #Nostrica!

#[26]

#[27] Amethyst 0.27.1 adds support for following hashtags #️⃣

#[28]

#[29] now you can run Iris on your Start9 🔥 run your self hosted client on your self hosted relay. Sovereign AF!

#[30]

#[31] Iris has a list of the most popular relays so curating your relays is easier now.

#[32]

#[33] Wondering what Verified Human is all about? Check out this post for more info. After #Nostrica, Jason will be creating a spam-free Nostream relay where the only barrier to entry is to be a human.

#[35]

#[36] c= shares 🔥 update about their LN node and says “Join us 👽”

#[37]

#[38] informs Nostr that his relay is being shut down: wss://merrcurr.up.railway.app

#[39]

—--------------------------

⚡nostr Business⚡

—--------------------------

#[40] Bitcoin Magazine: “JUST IN: 🇪🇺 Some EU banks "might be at risk,” ECB told ministers”

#[41]

#[42] provides great perspective on 21million Bitcoin compared to land on Earth. Bullish AF 🚀📈.

#[43]

#[44] Reuters: Credit Suisse secures $54-billion lifeline in attempt to avoid further crisis.

#[45]

—--------------------------

🔥🔥Meme of the Day🔥🔥

—--------------------------

#[46] I'm Done

#[47]

—--------------------------

Stay Classy Nostr.

Replying to Avatar Jameson Lopp

THE NOSTR REPORT

DEFAULTS

Mar 15, 2023

Block Height: 780,972

Moscow Time: 40:71 ⚡/ $

—--------------------------

🎙️Quote of the Day🎙️

—--------------------------

“I need to lay down, too much bullishness in one day for me.”

#[0]

#[1]

—--------------------------

🚨Headline Nostr News🚨

—--------------------------

Offering liquidity to Credit Suisse in this case can be seen as a silent default. Who steps in and why is a messy story. ZeroHedge has the broadest perspective we’ve seen so far.

https://www.zerohedge.com/markets/credit-suisse-sparks-global-de-risking-after-top-investor-bails

#[2] 🎯 target 🎯 of next Zapathon announced - and it’s the Nostrica organizers! Join the Zapathon at 5pm EDT Thur and Fri. ⚡🏃‍♀️⚡🏃⚡

#[3]

#[4] Watch a demo of the nearly-finished Nostr Market extension for LNbits! Ben Arc calls it "THE most profound application for Nostr." 🎣

#[5]

#[6] Looks like image uploads in Damus are finally happening 👀

#[7]

#[8] Nos2x becomes the first extension with nip26 support! Check out this video where Pablo shows us a demo of what Nip-26 (delegated signing) will look like in the wild. NIP-26 will enable signing events with one set of keys on behalf of a different set of keys. Currently it is only supported by a few clients including Snort and Gossip. 🔑🗝️🔐🗝️🔑 https://nostr.build/av/nostr.build_22f8d32b5e06fe85777da0923651c6d6427a88cd305081c0b79703bd3164da53.mp4

#[9]

#[10]

#NostrHack 👩‍💻💻👨‍💻

Check out the #[12] #NostrHack hackathon, where they currently have 37 projects and 124 participants! It's still possible to register!

List of projects: https://makers.bolt.fun/tournaments/2/projects

Hackathon Details: https://makers.bolt.fun/tournaments/2

#[14]

#[15] shares a new short animated film by Human Rights Foundation about how activists are using Bitcoin to fight back against monetary colonialism in West and Central Africa. 🌍

#[16]

—--------------------------

🏝️Nostrica Update🏝️

—--------------------------

#[17] shares that #[18] made some gorgeous #Nostrica swag for in-person attendees! 🏝️👕🏝️

#[20]

#[21] calls for relay operators interested in participating in a panel at #Nostrica. If you have questions for relay operators, please let Derek know so he can include them on his panel! 🎙️🎤

#[23]

#[24] shares pics of the venue getting set up at #Nostrica 🌴🥥

#[26]

#[27] nostri.chat on Nostrica.com - video demo. 💬

#[28]

—--------------------------

💻nostr Tech💻

—--------------------------

#[29] Cashu.me wallet now shows total balance across all mints along with balance of the active mint. 🏯

#[30]

#[31] New update to LNURLP extension in LNbits allows you to set a lightning address on every LNURLP link. 📬

#[32]

#[33] De-Googled F-Droid flavor of Amethyst client. 🟪

#[34]

#[35] shares a method for bumping the fee on a lightning channel opening/closing transaction in case yours is stuck pending in the mempool. ⚡💡⚡

#[36]

#[37] Nostrium: Medium over Nostr. https://read.nostr.com/

#[38]

#[39] Nostryfied offers a Broadcast & Export Service that allows you to Download a Copy of your Data & when you use this service. All of your data will also be Broadcasted to Major Relays on the network. 🛰️📡🛰️

#[40]

—--------------------------

⚡nostr Business⚡

—--------------------------

The Federal Reserve is set to launch their instant payment service known as “FedNow” in July of this year. Is this a stepping stone toward an eventual CBDC in the US?

https://www.cnbc.com/amp/2023/03/15/long-awaited-fed-digital-payment-system-to-launch-in-july.html

#[41] Lightning Dev Kit (LDK) 🗺️ roadmap 🗺️ is out!

#[42]

#[43] shares a list of essential reading material for understanding Bitcoin. 📜

#[44]

—--------------------------

🔥🔥Meme of the Day🔥🔥

—--------------------------

"You're so lucky you got in under $20k"

#[45]

#[46]

—--------------------------

Stay Classy Nostr.

THE NOSTR REPORT

THERE IS NO SECOND BEST

Mar 14, 2023

Block Height: 780,825

Moscow Time: 40:57 ⚡/ $

—--------------------------

🎙️Quote of the Day🎙️

—--------------------------

#[0] “Bitcoin is cool because it lets you feel broke and rich at the same time.”

#[1]

—--------------------------

🚨Headline Nostr News🚨

—--------------------------

#[2] 4 day work week? 🙏🙏MSM trying to distract from the banking crisis maybe?

#[3]

#[4] posts that CEO of Automattic, which owns Wordpress.com and Tumblr, mentions that the company has been testing 🟣 Nostr along with other protocols 🔥. https://techcrunch.com/2023/03/13/wordpress-com-owner-automattic-acquires-an-activitypub-plugin-so-blogs-can-join-the-fediverse/

#[5]

#[6] posts that 🤖Chat GPT4🤖 was released today

#[7]

—--------------------------

🏝️Nostrica Update🏝️

—--------------------------

#[8] will be leading a “Nostr for non-devs” ⌨️workshop⌨️ at #Nostrica. Check his post for details and how to let him know if you’ll be attending.

#[10]

#[11] Nostrica will be offering a free 🚌shuttle🚌 service around Uvita 8AM-8PM March 19-21. Map and tentative schedule of the route included.

#[12]

#[13] Tatum will be running a Bitcoin ⚒️Mining⚒️ 101 workshop at #Nostrica. Check out the questionnaire on his post so he knows how to best prepare.

#[15]

—--------------------------

💻nostr Tech💻

—--------------------------

#[16] Amethyst v0.25.1 release with performance updates.

Download: https://github.com/vitorpamplona/amethyst/releases/download/v0.25.1/app-release-v0.25.1.apk

#[17]

#[18] Another client supporting Nip-26 standard for delegated event ✍️signing✍️. Now includes #[19] and #[20] ‘s Gossip. https://github.com/nostr-protocol/nips/blob/master/26.md

#[21]

#[22] Rab13s vulnerability, first discovered on 💩Dogecoin💩, also affects over 280 other 💩shitcoins, I mean networks, including Litecoin and Zcash.

#[23]

#[24] Iris is now available as a standalone desktop version for 🪟Windows, 🍎MacOS and 🐧Linux.

#[25]

#[26] Nostrgram update: (1) Now provides a ⚠️warning⚠️ if you have accidentally pasted your nsec into the note editor! Please practice safe nsecs. (2) Updated to use square notes by default. If you prefer rounded, it can be changed in the settings. (3) Adds the ability to insert a short (80 characters or less), one-line ✍️signature✍️ to your notes. Configure your signature in the Settings menu under the Note Signature option

#[27]

#[28]

#[29]

—--------------------------

⚡nostr Business⚡

—--------------------------

#[30] ⚡Zeus⚡ adds multiple fiat currency exchange rates in v0.7.4

#[31]

—--------------------------

🔥🔥Meme of the Day🔥🔥

—--------------------------

#[32] did admit that he did not make this video, #[33], but it was too good not to feature. Whoever did this video🔥, kudos 🫡

#[34]

—--------------------------

Stay Classy Nostr.