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Zach Young
56818fab10d71b001cc22b9feced0eeaa22b7b26f99c73292e9060f2a2e2842f
Sat-slinging zapper
Replying to Avatar myles_snider

https://www.wavlake.com/ is very cool.

Listening to Wavlake Radio as I work now, sending sats to the artists I like.

Can't wait to see what they do with Nostr.

Wavlake Radio is 🔥

Sats = Nostr reward points

This is awesome. How’d you make it?

Replying to Avatar Jestopher

Easiest zap of my life

Replying to Avatar Leon

How #Bitcoin, #Lightning & #Nostr allow for innovation without (institutionalised) credit … :

The fiat-based monetary system has made it increasingly difficult for innovations to emerge from the market without institutional funding.

Monetary inflation has made fiat money a poor store of value, which has made it almost impossible for entrepreneurs to save and self-fund innovation.

The capital requirement can usually only be covered by state-affiliated banks and institutes (these include venture capital firms, almost all of which are motivated to maintain good relations with the state).

This development is problematic because the state and its affiliated banks and institutions are pursuing a political agenda. They support projects that follow this agenda.

Satoshi (2009) broke through government imposed gatekeeping and the control mechanism of fiat and institutionalised credit with open (source), permissionless, sound digital money (#bitcoin), laying the foundation for progress free from the shackles of central banking.

Bitcoin is the hardest money ever created. Due to its fixed supply cap, it allows to save and preserve the value of time and effort - giving market actors the time and capital to focus on problems and find appropriate solutions.

The #Lightning Network (2015) introduced a second layer payment protocol for Bitcoin, enabling fast transactions and micropayments.

With the launch of #Nostr (2020), a decentralised protocol for the uncensorable transfer of information, we have a Bitcoin-based tech stack that serves as a basis for market participants to work, communicate and collaborate successfully outside of government control.

Innovation can now emerge from the free market (bottom-up) and is not suppressed, imposed or manipulated from ‘above’.

#[6]​ #[7]

Creators can bootstrap their personal business and build reputation with just an npub and a Lightning address!

Wen Andreas Antonopoulos on Nostr? 🤔

Or even better: NIP-05 identifier and a QR code that directs to your npub- Zaps IRL!

Had to do a double-take when I saw the price of bitcoin on #[0]​ just now 😂