It’s amazing to me how many “bitcoiners” don’t see the parallels between early nostr and early btc. nostr:note1yu8h7e68ct84vg893agg4kx4q59zdthleegc0pm248meuyjzctyswp08uj
Yea I mean I get it and agree, but I think my friends just don’t care much about that stuff. They go where the network effect is. And maybe it just takes a while to reach its full potential?
Besides trying to support an uncensorable protocol, what are the reasons for people on x to move here?
Zaps?
Lack of an algo?
What else?
What will bring people over time? My friends have no reason to leave x
I drank my face off in 2013 and still bought btc. Was ready to ride the wave to infinity or zero lol
Yezzir. Just need the rest of the world to catch up. Education education education
The simplest explanation for “why btc” is this. When you work you trade your time for money. Right now the government has a monopoly on money. They can debase the money and therefore dilute your money/time. This is bullshit. Inequality is also perpetuated by the treasury system. Those that have more money are unfairly given more for doing nothing. Those that save in treasuries at 5% and have 10 mil get 500k a year. A person with 10,000 only gets 500. Btc fixed this by having a fixed supply and by requiring real world resources to make money. It requires energy. The current fiat system and proof of stake networks are inherently unfair
Spending my morning at arguing with my btc friends why #nostr is important . How about you guys
My friends who got into btc around 2014 and 2015 aren’t bullish enough. They’ve made enough money and are happy with the 100x. Btc still has a 100x in front of it in real terms.
I still enjoy twitter/x as well as nostr. They are just different. The “for you” tab on twitter is diarrhea though
It could happen bc with a social network there’s very little barrier to entry. With money people do much more diligence so are less likely to move over nostr:note1rk267svjuv3qndmadpnf95sw3xy3gwc8j3k89e7m4xrn7gu84dmqssmj4g
I think a decent amount of grayscale gbtc in iras went to other issuers
I really think at some point we are going to get a fear trade for btc (as opposed to a greed trade). So far these 4 year cycles have been based around the halving and supply reduction. This has led to a lack of supply and the same demand. Eventually price has to go up to meet new sellers. This reaches a fever point when btc meaningfully breaks the ath. This cycle it will prob happen at 100k.
This cycle might still be driven by boomers trying to get 1-5% allocation to btc in their iras and by wealth managers.
At some point people will come to btc as bonds or real estate are falling, realizing btc is the superior form of SOV and they don’t have enough exposure.
Right now people pile into stocks and real estate bc the fiat has no value. Housing degrades over time, has a property tax and can’t be moved on a whim like btc.
Btc testing the mid 2w
Bband in Aug. I wonder what happens next?! 
Some random meals I’ve made lately. Try to only eat sourdough with minimal ingredients if I eat bread 
