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volition
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Life is the standard by which to judge good and evil | Objectivist

Politicians should not be allowed to interfere in the economy beyond ensuring individual property rights are protected.

Immoral decision. Interest group politics.

Unfair to those that did not go to university because of the fees yet pay taxes, now to be given to those that borrowed to go to university.

If you loaned the Pepecoin at 0%, but printed another 100 Pepecoins and loaned them elsewhere, the original borrower would need to repay 100 Pepecoins, that have now halved in value.

Anyone who sold assets to the original borrower for Pepecoin now have an ‘asset’ worth half the value and could not buy back what they sold, for the same number of Pepecoin.

The value of their Pepecoin has been ‘stolen’ by you. The beneficiaries are those that held assets other than Pepecoin when new ones were printed, as well as yourself.

Under fiat that is printed irresponsibly, it is not a bad idea to borrow, buy property, and wait for inflation to lower the loan for you whilst your property value ‘goes to the moon’.

Dear #Nostr community,

Today, I want to address a critical issue that’s been on my mind and on the minds of many in our decentralized world: the hypothetical scenario where app stores decide to ban all on-ramps to #Nostr apps.

This situation poses significant questions about the future of decentralized platforms, the role of major app stores, and the resilience of the #Nostr community in the face of censorship (which we probably will see in the 2024 elections).

If app stores were to ban #Nostr apps, the immediate impact could be a barrier for average users to access these platforms through the most common channels (e.g Apple App Store & Google Play Store)

This move could be seen as an attempt to curtail the reach of decentralized networks, influenced by various factors including regulatory pressures, content concerns, or even competitive motives from centralized entities. The tech giants want to maintain their monopolies.

However, the decentralized ethos of #Nostr is not one to back down in the face of such challenges. Alternative methods of accessing #Nostr, such as sideloading apps from websites or using other, more open app stores, would likely become more prevalent.

This situation would not only test but also potentially strengthen the community’s commitment to decentralization, privacy, and freedom of expression.

From a game theory perspective, this scenario presents an intriguing interplay of actions and reactions.

App Stores would have to balance their policies with the potential backlash and the growing demand for decentralized applications.

Users might be divided between those who find alternative ways to access #Nostr and those who are deterred by the additional steps required.

Developers could be incentivized to innovate and create more robust methods for distributing their apps, thus promoting an even more resilient decentralized ecosystem.

The Silver Lining …

While a ban from app stores can be seen as a setback, it could also serve as a catalyst for growth and awareness.

Such a move would bring into sharp focus the importance of decentralizing not just our platforms but also the means of accessing them.

It could spark a larger conversation about digital rights, censorship, and the role of major corporations in our digital lives.

As we navigate these challenges, it’s crucial to remember that the strength of #Nostr lies in its community and the shared belief in a decentralized future.

Let’s continue to support each other, explore alternative access methods, and stand united for the principles of decentralization, privacy, and free speech.

Let’s embrace this challenge as a chance to innovate, grow, and show the resilience of our community.

Stay humble and stack sats,

Mason

Please comment. I realize I don’t know what I don’t know. This is an open discussion around the principles of decentralization and free speech and I want to learn more.

Well said and a major concern.

She doesn’t look like a liberal…More like a MAGA patriot.