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D E C E N T M O N E Y
7d9e21ce1c96cf4d186c3792b72b7ad1a068973bd29f0fdeb9ce09b0ae878c42
Bitcoin: ∑_(i=0)^32 210,000 ⌊(5 × 10^9)/2^i⌋ || ABSOLUTE SCARCITY || #ChillTillAMill 😎 X: @decentmoney2009

Isn’t that exactly how nostr works though? Relays are like nodes, notes are like transactions in the mempool?

As long as there are enough nodes/relays it’s difficult/impossible to shutdown the whole network. Right?

Because it an inherently subjective topic, and so your conception of what’s “wrong” is very different from someone else’s

“This all sounds too good to be true”

Don’t despair, with your friend saying that there might be a chance the seed was planted.

The impending bull market is fertile soil for it to thrive in

I’m hopeful about nostr, but I feel like this is rose coloured glasses during the honeymoon period before it becomes mainstream

There was similar positive sentiment during the early Internet when it was just the early adopters, and then we saw a gradual shift as the mainstream came online

Maybe it will be different with nostr, decentralisation, and changed incentives, but I remain cautious yet hopeful

Replying to Avatar L0la L33tz

We all need to be very aware that what nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9 is describing here is not some distant dystopian future. It's our dystopian reality.

In May, Elliptic, together with researchers from MIT and IBM, developed a dataset to identify "the shape of money laundering" on the blockchain.

This dataset attempts to predict money laundering activity that has "not yet been labeled" by distinguishing between what the dataset defines as "anomalous signatures" and Bitcoin transfers between "licit services".

Falling out of these clusters deemed normal by intelligence financed corporations already leaves you penalized. Avoid KYC services? Flagged. Can't tie your transactions to a bank account? Flagged. Frequent user of coinjoins? Flagged.

You are already being debanked because a computer program has decided that you are a money launderer – not because you did something illegal, but because your transactions are deemed abnormal – and you have no legal recourse as suspicious activity reports swear financial institutions to absolute secrecy.

It's the full on criminalization of privacy in finance. The future is here, and it's Orwellian.

https://m.primal.net/JgAW.mp4

Hey friend, I know things seem scary right now but…

Things are going to get way worse

Depends on the app/client

I can see the emoji on Damus, but not Primal

I enjoyed Project Hail Mary audiobook, if you like hard sci-fi like The Martian (same author)

Can we just stop for a minute and appreciate that there’s an entire unregulated online economy and money transmitters operating outside of the purview of any government and there’s nothing they can do to stop it

Can’t fix it

Centralised platforms like X are fundamentally broken

Open and decentralised protocols like nostr are the future

Front end application removes a feature you value on nostr? Drop it and use a different app

No such choice with sites like X

Stuff like this is just the beginning

Bitcoin, LN, and potentially other L2s are going to fix the Internet with a free flowing digitally native money

Replying to Avatar Paul

Another paradox: You can trust Bitcoin because it’s trustless

Replying to Avatar Gigi

GM

I opened the dishwasher and it was just a bunch of clean dishes waiting to be put away

I think the other important part of agnosticism is to be passionately uncertain about the *definition* of god, which plays a large part in the uncertainty of existence/nonexistence