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mrclownworld
34134b9e1cbb322582bca4020a39cc1256036d1f5e98effcc838b421fc209d48
Filmmaker. Conspiracy empiricist. Father. #truthstr LARPing as a salty no-coiner for the rest of this cycle

No, it’s all price at the end of the day. Convicted hodlers of one chain rapidly dumping the other fork sets price action in motion that snowballs

While I agree that the number of nodes running each fork would correlate with the winning fork, I don’t think it’s causative. Node count just represents the number of different entities that want to verify the chain, which is downstream of the value of the asset.

The economics of hard forks are poorly understood

It’s not about a majority of people choosing one or the other

And it’s not about an intransigent minority refusing to join a fork

It’s about a confident minority being so certain that one fork is dogshit that they immediately sell those coins

And since price is set at the margin, this craters the price of that fork

Which signals to anyone inclined to “wait and see” that they too need to dump while they can

See: Bitcoin Cash

If a hard fork were to happen today and just Michael Saylor were to immediately dump all his holdings in the new coin, that fork would not stand a chance

For once a tasty dip right before I get paid 🙌

Replying to Avatar rand0mguest2

https://x.com/jwweatherman_/status/1778405047593845175 lol not so sure about this jww , sounds like another bcash

He’s nuts. Ordinals are proof of unintended consequences with soft forks, let alone hard ones. Nobody alive wants to open up the attack surface on their money.

I’m sure the ETFs are under no requirement to hold forked coins, so they’ll get to lose them or dump them at no consequence.

The frozen bag in the grocery store does

That’s next steps for sure

I aim to figure out fries next

Seed oils are literally genocide, this is no exaggeration

There is absolutely no comparison in taste, crunch, or how you feel after

Imagine eating a dozen chicken nuggets but physically feeling like you ate a salad

Beef tallow deep fryer never going back

I am super eager for this sort of model

Staking a bond to join a forum, and losing it for bad behavior? Sounds badass

Also, what about multisig ecash and membership dues, the admins decide what to do with the money

They can spend the group’s funds paying a famous guest to come lead an AMA

Or commissioning art to celebrate the group

All of this possible without any KYC

Fruit evolved to be eaten in order to spread seeds. Eating them usually does not harm the plant.

Eating vegetables usually kills the plant, so they have an evolutionary incentive to discourage us from eating them (toxins). We have lost the ability to digest cellulose like our primate ancestors could, so we’re able to realize very little nutritional value in most vegetables (and we’re breeding them for looks instead of that nutritional value)

Replying to Avatar Lyn Alden

This a really good post from Jack.

Part of the answer might just be time. The tech is real, people are building on it, and it takes time for people to be burned by permissioned systems to discover permissionless ones now that they exist.

I do think that bitcoin wallet + social graph is a big combo in the long run. The fact that you can just look up and pay anyone you know without that person taking action to tell you their payment details, especially in an open source and international environment, is a pretty big deal. Not just zaps as tips on posts, but zaps for Nostr marketplaces or for saying “pay me on Nostr” for products/services unrelated to Nostr per se.

And for the social network part, I just like the fact that Nostr is permissionless and open. Twitter has a huge network effect and I have plenty of friends/connections there, so I still post there a lot and use it for research as well. That is irreplaceable until it is not. But Nostr feels different. The tech feels right, the group that adopts that tech early feels right, and so to me it feels right to post things here that I would not otherwise post to 675k Twitter followers. Less filtered, for better or worse.

I used to be involved with individual small forums back before widespread social media was a thing, and was an administrator for one to help run it, and that type of smaller community was valuable. In fact, I inadvertently met my now-husband there 13 years ago, who was also an administrator. The forum had fewer than 50,000 people, with only a few thousand active at any time, but in context that is the size of a significant town.

But while Nostr still has the “feel” of a smaller forum now, its open source and permissionless nature gives it enormous expansion opportunity. While programmers do their best to build new features and capabilities, I try to seed this current smaller version of Nostr with unique content that doesn’t feel right to post in a larger centralized setting but feels more right for a smaller decentralized community of adventurers.

Because I want permissionless and open source tech to win. nostr:note19aldr26lyw2lqatcgqscyt3kpq76hcpwtwmglypvqqgx3m27fsaswa8rr6

We need communities with admins coded into the protocol. Reddit seems even more ripe for the disrupting than any other social media - and those users already use nyms and paid super-likes (like zaps)

I get all my health advice from nyms and cartoon frogs and I regret absolutely none of it nostr:note1u8huuv7cwd5dl7wgkkus0nh4mvjnspkfc7wdk5h08rsmwzafn76s9sly2s

An anecdotal experience in the comment section on the internet with a gazillion upvotes is literally more peer-reviewed than any scientific paper