well I'm still waiting for the zap🤗
let's all put effort into making #NOSTR GREAT AGAIN!!🫂🫂
nostr:note1adncj9rwgtq369mn8ck73erwwxtmaexzfpwva0tywweh2jh00zvs30ywmx
GM.NOSTRICHES!!!
I'll be posting blogs on stuff from now on...let me know what topics you would want to be researched fully and talked about here...
thank you 💕
YOUR SUPPORT WILL BE FULLY APPRECIATED !!🤗🤗
Why Nostr is Losing Its Popularity
Nostr, the decentralized social media protocol, once hailed as a revolutionary alternative to traditional platforms, seems to be facing a decline in popularity. Here are some reasons why:
1.
Complexity and Usability: While Nostr offers a decentralized and open-source approach, its complexity can be a barrier for the average user. Many people find it challenging to navigate and use compared to more user-friendly platforms like Twitter or Facebook
2.
Lack of Mainstream Adoption: Despite its potential, Nostr has struggled to gain mainstream traction. With only around 40,000 weekly active users1, it hasn’t reached the critical mass needed to compete with established social media giants.
3.
Limited Features and Ecosystem: Nostr’s ecosystem, though growing, is still limited compared to the vast array of features and integrations available on other platforms. Users often miss the convenience and variety offered by more mature social networks.
4.
Network Effects: Social media thrives on network effects, where the value of the platform increases with the number of users. Nostr’s smaller user base means fewer interactions and less content, making it less appealing for new users
5.
Resistance to Change: Many users are comfortable with their current social media platforms and are resistant to switching to a new, unfamiliar system. The inertia of established habits and networks is a significant hurdle for Nostr.
Despite these challenges, Nostr remains a promising experiment in decentralized social media. Its focus on user control and privacy continues to attract a dedicated community of technologists and privacy advocates. Whether it can overcome these obstacles and achieve broader adoption remains to be seen.
#nostr
#plebstr
Bitcoin offers several advantages over traditional fiat currencies as a method of payment:
Decentralization: Bitcoin operates on a decentralized network, meaning it isn’t controlled by any central authority like a government or bank. This reduces the risk of government interference or manipulation
1.
Lower Transaction Fees: Bitcoin transactions can often be cheaper than those involving fiat currencies, especially for international transfers. Traditional banking systems and payment processors usually charge higher fees for cross-border transactions
2.
Speed: Bitcoin transactions can be processed much faster than traditional bank transfers, which can take several days, especially for international payments. Bitcoin transactions can be confirmed within minutes
3.
Security: Bitcoin transactions are secured by blockchain technology, which makes them highly secure and difficult to alter. This reduces the risk of fraud and chargebacks
4.
Accessibility: Bitcoin can be accessed and used by anyone with an internet connection, making it a valuable tool for people in regions with limited access to traditional banking services
5.
Transparency: All Bitcoin transactions are recorded on a public ledger (the blockchain), which provides transparency and can help reduce corruption and fraud
6.
Inflation Resistance: Bitcoin has a fixed supply of 21 million coins, which makes it resistant to inflation. In contrast, fiat currencies can be printed in unlimited quantities, leading to devaluation over time
7.
These benefits make Bitcoin an attractive alternative to fiat currencies for many people and businesses. However, it’s important to note that Bitcoin also has its challenges, such as price volatility and regulatory uncertainties, which should be considered when deciding whether to use it as a method of payment.
#nostr
#bitcoin
#zapathon
#plebstr
🚀 Bitcoin and Banking Update - August 19, 2024 🚀
Bitcoin’s Market Movements:
Bitcoin’s price has been experiencing some turbulence recently. It hit a two-month low after the U.S. Federal Reserve indicated it isn’t ready to cut interest rates yet1.
Despite this, there are bullish signals emerging, with some analysts predicting a potential upward phase for Bitcoin prices2.
Banking Sector Highlights:
The U.S. government has been selling off Bitcoin assets seized from the Silk Road case, sparking speculation and impacting market dynamics3.
In other news, Bitcoin miners are exploring new avenues to increase profitability, including shifting some of their energy capacity to AI and high-performance computing sectors2.
Stay tuned for more updates as the crypto and banking worlds continue to evolve
#bitcoin
#zapathon
#nostr
good morning fellow plebs ❤️
Bitcoin, introduced in 2009 by an anonymous creator known as Satoshi Nakamoto, is the world’s first decentralized cryptocurrency. It operates on a technology called blockchain, which ensures transparency and security in transactions. Unlike traditional currencies, Bitcoin is not controlled by any central authority, making it a peer-to-peer digital currency. Users can send and receive Bitcoin globally without the need for intermediaries like banks. Often referred to as “digital gold,” Bitcoin is both a medium of exchange and a store of value. Its decentralized nature and potential for high returns have made it a popular investment choic
Bitcoin, the trailblazer of cryptocurrencies, burst onto the scene in 2009, thanks to the mysterious Satoshi Nakamoto. Imagine a currency that’s not tied to any country or bank, but instead thrives on a revolutionary technology called blockchain. This digital ledger ensures every transaction is transparent
Bitcoin and fiat currencies represent two very different financial worlds. Bitcoin, the pioneer of cryptocurrencies, operates on a decentralized blockchain, ensuring transparency and security without the need for a central authority. It’s like digital gold, offering a new way to store and transfer value globally.
On the other hand, fiat currencies like the US Dollar, Euro, or Kenyan Shilling are issued and regulated by governments and central banks. They are widely accepted for everyday transactions and have a stable value backed by the trust in the issuing authority.
While fiat currencies are essential for daily commerce, Bitcoin offers an alternative that challenges traditional financial systems. It provides a hedge against inflation and a way to bypass banking fees and delays. As the world becomes more digital, the coexistence and interaction between Bitcoin and fiat currencies will shape the future of finance. 🌐💸💡
Which aspect of Bitcoin or fiat currencies interests you the most?
#bitcoin
#zapathon
#nostr
#growstr
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sometimes I call my in-laws “outlaws” as a little joke for everyone
😂😂
Amsterdam ??
I feel you... nostr isn't like what it was last year
Been listening to your tracks since I joined nostr...ur a vibe🫂❤️
anyone feeling generous with some sats???
feed a pleb 🫂
