https://en.wikipedia.org/wiki/French_franc

I am half expecting 10:1 or 100:1 exchange ratio for future CDBCs, unit bias is a great way to debase quickly.

Price of bread going from 0.1 to 0.2 just doesn’t feel like 10 to 20.

And right on cue a NIP just dropped to address this 👍

https://github.com/nostr-protocol/nips/blob/d31a1490537db439dd853269781955f6a0cdf78e/102.md

I guess all of us created our nsec with a quick tap when first testing nostr - not releazing we’d get so much value out of it. Would suck to lose it now, is there a process to switch to a new key and preserve social graph? Probably very tricky to design way to do this without opening up new vulnerabilities.

Getting this error sending a zap on nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg - any ideas what is the issue?

‘The receiving wallet returned an error: invalid user name’

Ordered 👍

My kids got bitcoin so quickly - I think one of the traits needed to cross the chasm is a child like curiosity

For pensions etc where spot is not an option

UK bitcoiners are all in on MSTR. Come for the stash, stay for the accumulation. Also we don’t have etf yet so we just had to.

Before summer a lot of nostr content was also posted on x. Now most of it is Nostr only which completely changes the value of that growing network.

Same here - it’s now my first recommendation for anyone new, along with nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a excellent video summary. After that I tell them there is a lot more I can recommend and my next list is usually

- check your financial privilege

- the price of tomorrow

- layered money

Is there a good instagram replacement built on nostr? Is it just potentially a different viewer for notes or something different?

Nostr devs are on 🔥

It feels good here.

Wonder if anyone tried to fit power law to btc priced in m2 or m3

Interesting - another option is to price in m3 to try and normalize. Even priced in oil, one OPEC meeting would be enough to break any model.

Good luck fitting to this 😅

Did you notice bitcoin price models are always for BTCUSD? All models will fail because BTCUSD is measured in fiat which is controlled by small group of humans with their own incentives.

A one time devaluation for example would break the models.

We don’t see power law fitted to BTCX where X is a weaker currency like Lebanese pound.

The rate to trust is BTCBTC = 1.