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Dan Veltri
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Replying to Avatar PlanB

Bitcoin halving is not so much about reduced supply and miner reward, but more about increased scarcity in the eyes of investors. 2024 halving will increase scarcity to stock-to-flow ratio 110 .. the world is not ready for a S2F110 asset! Discussion here:

https://www.youtube.com/watch?v=RSTaCRGmW-M&t=425s

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Dan Veltri 2y ago

It will officially be more scare than gold! Big deal

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Dan Veltri 2y ago

#nostr feels like a portal into the future

Replying to Avatar RZyx

Will it impinge on privacy or anonymity, which is the very purpose of Web 3?
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Dan Veltri 2y ago

I don’t think so, since NIP-05 is not necessarily verifying your identity as a person, but as an account paired with something else that is otherwise a legitimate representation of you, or whatever you represent to be.

Replying to Avatar RZyx

Actually, I don’t quite get it. What’s the meaning of NIP-05 verification?
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Dan Veltri 2y ago

My understanding based on the above replies is that NIP-05 verification means the domain and Nostr account identity are verified to be paired; however, it’s not necessarily true that the person is who they say they are.

Maybe there will be NIP-05 verification services in the future (if they don’t already exist) that serve this purpose (to verify the person is who they say they are).

Replying to Avatar cryptowolf

you can also use a free lightning wallet with getalby.com that integrates your NIP-05 for example yours could be danveltri@getalby.com which would function as both your NIP05 and your LN address all in one :)
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Dan Veltri 2y ago

#[4] doing this with cashtag@cash.app seems to make complete sense to me…

Replying to Avatar cryptowolf

you can also use a free lightning wallet with getalby.com that integrates your NIP-05 for example yours could be danveltri@getalby.com which would function as both your NIP05 and your LN address all in one :)
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Dan Veltri 2y ago

Thanks y’all. Very helpful info. I think I understand it about 75% now, haha. Is it just the domain that’s being verified as legit, or the person / username somehow? Based on what you shared, I guess it’s just domain.

Related question: are usernames unique on Nostr?

Replying to Avatar Lyn Alden

I am writing a public article that is partially about Nostr.

What are some easy-to-miss Nostr details that would be worth mentioning? Audience will be a mix of bitcoiners and general macro/investing audience. Mostly I sm writing for the latter- people who may not have heard about it yet.

I already included a Nostr section in my latest private research report, and included a slide about Nostr in a guest lecture at Princeton last week. I am spinning up my research on it over time, with public articles and broader reach being the next phase.
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Dan Veltri 2y ago

I’m new, but I found the verification part interesting. It’s nonobvious that you need to go to nostrverified.com to do it.

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