The amount of backend stuff for various systems that Nostr can improve is immense.
Decentralized social media is a big deal, but that use case goes up against very large existing network effects. If you judge Nostr’s success based on not gaining traction on that front quickly enough, you’ll likely be disappointed. That’s why a lot of people come to Nostr, post a bit, and then leave for a while, and then come back when there’s some sort of catalyst, post a bit, and then leave again. That’s fine. It’ll take time. It’s a slow burn.
But in the meantime, the amount of development going on under the hood for all sorts of things is huge. In particular, I think the open-source social graph aspect is under-appreciated for how important it can be beyond just socials. Payments being the next obvious one, and probably bigger than people think. And many other things.
https://pippellia.com/pippellia/Social+Graph/Navigating+the+social+graph 
BIS & IMF wrote Bitcoin off early on as it didn't get enough traction in the early years. They did their analysis and simply didn't recognise the threat.
Then Facebook published the Diem white paper. As Facebook with 2bn users represented a legitimate threat to their long established network, the central banks + governments panic and killed it instantly.
Bitcoin continued to grow in the mean time and now it's too decentralised and secure to shut down. It will continue to grow and gradually overcome the network effects of the old system.
Bitcoin, I believed was elegantly designed by Satoshi to distribute the coins early, yet grow slowly, as he may have suspected the hubris of the old gaurd would lead them to underestimate its potential.
Whilst Nostr is not Bitcoin, there are some lessons to be learned from Bitcoins story. New technologies take time, some make it, some don't. Just because a new tech hasn't achieved overnight success, doesn't mean it or the ideas it fostered are going to fail.
Let's support Julian Assange!
We opened up a Geyser Fund: all sats will be forwarded to Julian to cover his repatriation and health costs.
Contribute on ⚡️ or ⛓️:
- Geyser LN adress: freejulianassange@geyser.fund
- Geyser: https://geyser.fund/project/freejulianassange
- Direct BTCPay: https://btcpay0.voltageapp.io/apps/3sEmBheBrxi3NCzSwguMeSVJtZ5y/pos
Donated 81k sats
I am supporting Julian Assange
Geyser Fund have opened up a fund: all sats will be forwarded to Julian to cover his repatriation and health costs.
Contribute on ⚡️ or ⛓️:
- Geyser LN adress: freejulianassange@geyser.fund
- Geyser: https://geyser.fund/project/freejulianassange
- BTC Pay: https://btcpay0.voltageapp.io/apps/3sEmBheBrxi3NCzSwguMeSVJtZ5y/pos
I fear Julian will be walking on eggshells and likely has some sort of gag order and is banned from touching activism in any way.
I'm delighted to learn that Julian Assange is finally free..
It's a shame that they made him agree to a plea deal admitting guilt. The hubris and hunger of the corrupt and powerful knows no bounds.
On halving day.
This is the way.
.
That's not entirely true. We were skimping for Dan three days ago
I'm starting to get sick of being sick.
How many blocks is 25 years??
The Church of the Real
STACK and HODL #Bitcoin. https://video.nostr.build/d2931a47ecfc9bd349b0cc40cd1ace7b180cf1edcb7a66fe7b314c0d3e5e12c8.mp4
This is the way
I get your point, but it's debatable how strong it is and will be in the coming years as the subsidy continues to decrease into irrelevance.
Also, 21m is the magic number, as per my previous comment. Do you measure how much bitcoin you have as a fraction of 19.8m or 21m? If 21m, then there is no dilution, no inflation.
Back to miners. They do work, they get paid. I do work, I get paid. Nobody increases supply for work.
TIL that the term "bob" in reference to money (or £1), likely originated from the Irish word for a cow "Bó".
Livestock was used as money in Ireland until a few centuries ago.
I don't agree.
All Bitcoins have already been created. They are merely distributed according to a fixed supply.
This is not the same as inflation, which would require an increase of coins beyond 21m.
