nostr:npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 begged me to come up with this.
NOSTR is a set of agreements on a file system. Everyone indexes their own files using cryptography to describe under whatever name the data is published.
Because these names are random and unique, there is no conflict among the identities so they can all exist next to each other.
This means the data can be gathered and redistributed by anyone, and they don't have to concern themselves with indexing such that others know what to ask for.
You yourself can be such a relay, or use any (multiple of) services out there to transmit your notes and other stuff to anyone who asks for it.
This Notes and Other stuff Transmitted Over Relays (NOSTR) protocol is not special because it uses public private key pair cryptography.
Its method of success among all attempts out there is realizing that the indexing part is not what is ultimately important in becoming an open standard; but the practical, concrete means used in applying the index amongst each other.
Complexity in integrating the protocol into other systems results in centralization of development. The consequence is a limited offer in software resulting in a no longer really open standard that is in the hands of those who facilitate the tools used to speak the protocol.
By being specific on its simple set up, NOSTR can be a new starting point to set up the infrastructure we use on the internet; where we are free to name, share, find and experience.
Thank you both 🙏. And the all encompassing illustration is 🤟
SMPLTN presents :)... Billy Bonker’s. His newest bitcoiner hit - “Pop’s is gonna be fine”.
https://media.nostr.build/av/4e0598db52b0ca36cd034f662762d72d4c5a06a05cddc3744bf6be9d0359b5e1.mp3
#WDGann #Science #bitcoin #theonlystablecoin #nostr #theonlystablecomm #selfsoverign #nodes #rtb #runthebanks #Humanity #Peace #Prosperity #Lightning #Federations #ThePriceOfTomorrow #Deflationary #SmallGovernment #Local #Economy #Bitcoin #Nostr #EndCorruption #FreedomTech #NOSTRalian #AUstrich #Austriches
“When colours are juxtaposed, they become influenced as to their hue.”
1879: Cassell's Techn. Educ. iii. 191/2
This sounds oddly familiar… “The problem was that the state expenses grew much faster than revenues, owing to a vastly expanded cadre of elite officeholders”
Quote from Secular Cycles. Referring to a late stage period in France circa 1780-1870.
“However, what is important is not whether the revenues declined in absolute terms but whether they declined relative to expenses. For example, Goldstone’s (1991, 2008) study of what we have called the Bourbon cycle showed that both real revenue and per capita taxation grew until the eve of the French Revolution. However, the fiscal collapse of the state was one of the clearest elements of the late eighteenth-century crisis in France. The problem was that the state
expenses grew much faster than revenues, owing to a vastly expanded cadre of elite officeholders and rising military expenses.”
- Peter Turchin & Sergey A. Nefedov. [2009]
Mises quote comes to mind when reading this.
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The only alternative is whether the crises should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved”
https://creditbubblebulletin.blogspot.com/2023/08/weekly-commentary-crisis-of-confidence.html?m=1
Remember - it is not fiat dollars pricing #Bitcoin. It is #Bitcoin repricing everything else (with a lag and over a longer time horizon)
Alot there... What an amazingly packed resource from the CBB blog - thanks for sharing Jeff 👍
After the leap of complexity - never in our lifetime has something been so simple.
#WDGann #Science #bitcoin #theonlystablecoin #nostr #theonlystablecomm #selfsoverign #nodes #rtb #runthebanks #Humanity #Peace #Prosperity #Lightning #Federations #ThePriceOfTomorrow #Deflationary #SmallGovernment #Local #Economy #Bitcoin #Nostr #EndCorruption #FreedomTech #Geekstr #NOSTRalian #AUstrich #Austriches
Why no larping about 40 asswatts of electricity being used by AI after Sam and Bill's 100 mil global uptake in the press... I'm still waiting. If plausible for miners, why not an argument to curtail AI garbage info farms... 🤡