Profile: 59d08b76...
Wishing I was at Nostrica. Here’s video of the event. https://www.youtube.com/live/2NueacYJovA?feature=share
Imagine if Bitcoin existed during the Occupy Wall Street movement.
We’re about to find out what happens when the banking system is stressed and people can move some of their capital outside the fiat banking system.
I love how the government executes Operation Chokepoint 2.0 and Bitcoin shoots above $27,000. Elizabeth Warren must be having a conniption.
Stop voting for Democrats that are openly against #Bitcoin https://twitter.com/bitcoinmagazine/status/1633933119920168965?s=46&t=GLKsGL6JsN8ZBADQPtzZFg
Binance tried to hire Gary Gensler! Imagine how the world would be different if they had successfully recruited him.
https://unchainedcrypto.com/binance-tried-to-hire-sec-chair-gary-gensler-in-2018-report/
My global feed is no longer filled with Chinese porn spam. Did relays implement some type of spam filtering?
It’s great seeing Nostr being discussed by a mainstream media outlet.
Have you ever thought about posting content to Nostr that required a lightning payment to view?
Most importantly, no government can force Nostr to shut down or censor content. They can go after one relay, but they won’t get them all!
Traditionally, content is published to a single web server and it gets cached by a CDN. Nostr flips this on its head. Content is first broadcast to a CDN (relays) and then servers can chose to store content they deem important.
This broadcast first approach is perhaps the most interesting aspect of Nostr. It makes censorship hard. You can’t ban an account. You can’t stop someone from running a relay.
Ordinals are a bubble within a bubble wrapped in a ponzi. Charlie Munger has his first raging boner in 50 years.
Senator Elizabeth Warren is introducing a bill that could cripple Nostr. It would require Bitcoin node operators and lightning node operators to register with FinCen and implement a KYC/AML program.
Have you thought of a way to create a market for relays? Imagine a user specifies they are willing to pay 1000 sats annually for relay access. Their app automatically connects to the marketplace, gets a list of relays, checks their prices and specifications, and subscribes to a set of relays. This approach has many pitfalls, but it could offer a better user experience than having users manually select and pay for each relay.
I’ve seen this chart used to justify wealth taxes. The thinking is that excess printed money inflated asset values and the government needs to tax those assets to reclaim the money and reduce the debt.