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Stumbling around

Should everyone (ultimately) run their own #nostr relay? A minimal one hosting just one's own notes, and maybe those of some close friends? Like running your own #bitcoin or LN node. If you could run a mini-relay from your phone, that would be sweet

#asknostr

So far, #nostr is quite small, about 10K daily active users according to https://stats.nostr.band/ , 66M notes according to https://primal.net/explore . This is not costing big bucks yet, although it is getting beyond peanuts for sure.

I agree with you, paying for infra will need to be figured out. I think that broader adoption will massively increase spam too, which is costly to combat. The great thing about the permissionless protocol is that literally anyone is free try out a new business model, and we'll see what sticks.

#Bitcoin is a solid and sound foundation, which enables hope, rather than the hopelessness that fiat inspires. It won't fix everything, for sure, but the people you describe have in common that they've lost hope

nostr:npub10vkh8gavju2tqegqqp29fvdjfle92vzwkjyqw6pzzgssr58u773qn5y2c7

what #nostr client are you using? I keep getting subscribe/unsubscribe events:

I love zaps ⚡! They are a great way to send some value-for-value.

However, zaps are a bad way to judge the general importance of a note, because someone could just zap themselves large amounts to send their note "trending", or otherwise impress onlookers, while actually incurring no real cost.

Here's my (maybe shocking/dumb) idea: should there be an option to *burn* sats 🔥 on a note? This would constitute a "proof-of-cost" that can't be gamed.

People could maybe zap half and burn half, ⚡🔥. That way the note creator gets value, but there is also a hard evidence that this post has value!

#asknostr

Because he couldn't grow his stack

To my understanding, an ETF would open up a lot of institutional investment, for instance pension funds can't just go stack sats on Coinbase, but they could buy an ETF. Pension funds manage enormous portfolios, so this would potentially unlock very large inflows into bitcoin. On the flip side, it would also increase risk of capture because a handful of "old guard finance" entities would then hold a significant proportion of bitcoin.

I am allergic to ads

I think it is an important debate, this is (IMO) precisely the crux of what #nostr will have to figure out as a permissionless protocol.

I agree that forking clients is always an option, but it's kind of a nuclear option, and any ideas that lead to less fragmentation seem worth discussing. For instance I've seen the term "WoT" being thrown out a few times, but don't know what that entails exactly

is that a feature request?

The protocol itself is uncensorable, right? Any relay can join and offer its notes to the network.

The flip side is that filters of all sorts will be added within individual relays and clients - could be for spam, for content that is offensive for some, taste, etc. Different audiences will each want different filters. (Some want 0 filters).

This is a radically new paradigm, and figuring out sensible ways to make it work will be #nostr's biggest challenge. I would argue that transparency is key: you should know what is being filtered out, which criteria are in play

I tend to agree.

On the other hand, trending lists can be useful to newbies who spawn in a dark empty room and have to somehow find their way to the cafeteria

It's somewhere in between 0 and 134K. The way to find out is to move to #nostr and see how many follow

Any recommended reading on WoT?

I recommend that you refresh your memory of the "newbie experience" - pretend you just found out about #nostr, create a nsec/npub pair, and load up a fresh damus. Not allowed to add people you already know, just try to find some interesting people organically.

Someday, kids will hardly believe what banks got away with.

"But dad, so when you asked for a loan, that money was just created by the bank? And you promised to pay it back, with interest, while they did nothing? And if you kept it on an account, it was technically still theirs not yours? And even with all this free money, they regularly managed to go bankrupt out of greed, and asked the people to bail them out? And you did, and made them even bigger every time?"

"Yes, son."

"..."