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chronic early adopter of decentralized tech :)

If you correctly recognize Lightning and Ecash as fake and gay, the only positive thing you can really do is advocate for drivechains / spacechains.

I understand drivechainers now.

P2P is inevitable in the network designed on the principle that P2P doesn’t work.

nostr:note1s2x75sxety0kw6crcckqemuze84vsn7pfvxfwr869qjmwcqvn0qstcrd2f

What if banks were *worse*?

nostr:note180k9nugmus4z4em8rrnmamme4s8kyuxlzxmh7a3z6rms9k80qtxqw4qkdf

Isn’t Lightning required to have pegs into and out of Bitcoin? I think they’re saying that ecash has no such guarantees. And, arguably, there is incentive to become a fractional ecash mint.

Banks being required to be FDIC insured was a good thing actually

You can if the relay’s delete it. It’s up to them to decide if they want to do that. It’s theirs to decide

Maybe the best practice for Nostr is everyone running their own relay. But it defeats @fiattjaf ‘s original thesis of Nostr that “p2p sucks”. Because that’s just p2p.

nostr:note1p8sguqhyem3xz89qmnle6t00gen7f8t2ltfhrw8f8vc6q2cpp9qswl457s

Not every protocol is like that. Nostr just has the perfect storm of no deniability and no delete

I actually respect the Source Available as opposed to open source. But the product itself is still weird. It’s a blend of a lot of different existing ideas. Not sure what to make of it

There’s a quote from Dune:

> The Power to Destroy a Thing is the Absolute Control Over It

You can’t say that you own the content if you can’t delete it. When you hand it over the relays, it’s theirs more than it’s yours.

What is the solution to merchants not wanting high risk coins for liability reasons?

https://x.com/voletcom/status/1811320332323533234?s=46

You still have to pander to your audience with V4V. It’s just way less conducive to enabling reach and exposure

V4V is a coping mechanism for a lack of an algorithm.

The algorithm created the Attention Economy. In the AE, “likes” actually help artists a lot. Attention begets more attention which translates to 🤑 on the back end.

With V4V, marketing and revenue are separate. With the AE, they’re combined in a flywheel. It’s simplified in a way that the average person finds convenient.

V4V does not have the same compounding / exponential power and thus sucks in comparison.

nostr:note18y6lz6pdrw3vs9llzhajwsr59e7f42j49hzw6f48ys0ahg3msjtqh9kw4c

nostr:npub1q3sle0kvfsehgsuexttt3ugjd8xdklxfwwkh559wxckmzddywnws6cd26p did you see nostr:npub1plstrz6dhu8q4fq0e4rjpxe2fxe5x87y2w6xpm70gh9qh5tt66kqkgkx8j ? Isn’t that similar to the thing you’re making? I’m trying to figure out the difference